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Little Egg Harbor, NJ Real Estate News

By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Some interesting news from the Little Egg Harbor homes for sale report this morning. There were 6 Little Egg Harbor homes for sale that had price changes.  That's not new in intself, but three of those Little Egg Harbor homes for sale actually upped the asking price! While I'd say the prices of homes sold in Little Egg Harbor seem to be stabilizing, I certainly don't see any reasons for increasing the asking price.  None of these homes is listed as a short sale, so it's not a matter of a third party calling the shots.   Two of the homes are Little Egg Harbor waterfront homes.  Perhaps the owners don't feel the need to sell, or believe a buyer's agent representing vacation home purchasers won't look at the listing history.   I, for one, have a lot of questions about the price increases. ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
 Home buyers looking to take advantage of Little Egg Harbor short sales and the overall low housing prices should look into the FHA 203K streamlined loan program. There are 411 homes for sale in Little Egg Harbor, and many will argue that Little Egg Harbor's home prices have reached bottom.  There's a mix of move-in ready homes for sale, as well as many short sales and bank owned homes for sale in Little Egg Harbor. Little Egg Harbor short sales and bank owned homes more often than not will require some repair.  Repairs could be as minor as replacement of appliances and paint, or repairs could include substantial work requiring professional assistance. You need not have that repair money in your pocket.  The FHA Streamlined 203K loan program allows home buyers to borrow up to $35,000 fo...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale In Little Egg Harbor-Little Egg Harbor NJ Housing Market Report-January 2011 Homes for sale in Little Egg Harbor averaged at about 385 in January up slightly from the December 2010 Little Egg Harbor Housing Market Report.  Fewer homes sold in January when compared to December, and those Little Egg Harbor homes sold for less.  Little Egg Harbor New Listings Under Contract Expired Sold Days on Market Median Sold Price January 2011 54 12 41 6 139 $180,250 The figures for the Little Egg Harbor housing market looked like this one year ago. Little Egg Harbor  New Listings Under Contract Expired Sold Days on Market Median Sold Price January 2010 78 31 46 9 128 $193,000 There's a huge difference in the number of homes under contract, which will translate to fewer sales in the com...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
I want to appeal my Little Egg Harbor taxes.  What's my first step? Let's be clear, you cannot appeal your taxes.  Property taxes in Little Egg Harbor and all over New Jersey are the result of the local budget process and cannot be appealed.  But the property assessment set by municipality, in this case, Little Egg Harbor can be appealed. Little Egg Harbor property tax assessment appeals must be filed with the Ocean County Board of Taxation within 45 days of the Township's property tax card bulk mailing or by April 1. The first step in determining whether an appeal of your Little Egg Harbor property tax assessment is worth your time and money is to examine comparable sales in Little Egg Harbor.   A preliminary comparison of similar homes sold prior to October, 2010 is what you'll need t...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Little Egg Harbor Retirement Communities - Sunrise Bay Sunrise Bay The Sunrise Bay retirement community in Little Egg Harbor was built by the Kleiner Group and is located about 15 minutes off of the Garden State Parkway (Exit 58).   There are currently (January, 2011) 9 homes for sale in Sunrise Bay in Little Egg Harbor.  Those adult community homes range in price from $180,000 for a 2 bedroom, 2 bath ranch style home to $275,000 for a 3 bedroom, 3 bath loft model. Last year (2010), according to the Jersey Shore Multiple Listing Service, two homes in the Sunrise Bay adult community sold.  They were both 1600 square foot ranch style homes with 2 bedrooms and 2 baths.  They sold early last year (April and May) for $205,900 and $217,000. The Sunrise Bay adult community completed constructi...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Four Seasons at Sea Oaks in Little Egg Harbor - The Jersey Shore's Premier Retirement & Golf Community Four Seasons at Sea Oaks Four Seasons at Sea Oaks is an adult community in Little Egg Harbor that is built around the Sea Oaks Country Club, on Route 539, just east of Harbor Bay and  minutes from exit 58 on the Garden State Parkway. K Hovnanian built 375 homes at Sea Oaks between 2000 and 2007. The homes at Four Seasons at Sea Oaks in Little Egg Harbor have 2-3 bedroom and 2 car garages and some models have lofts. Homes range in size from 1,190 to 3,400 square feet. In January, 2011 we have 9 homes for sale in Little Egg Harbor's Sea Oaks community.  They range in price from $265,000 for a 2 bedroom/2 bath home to $445,000 for a 4 bedroom/3 bath home.  Those prices are down from one ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Atlantic City Electric Offers Customer Incentives Atlantic City Electric, which serves southern Ocean County at the Jersey Shore, is offering incentives to take more control over energy usage, save money on energy costs, and take a big step toward a more sustainable lifestyle. The Company is offering a $50 credit on electric bills if you participate in the Atlantic City Electric Energy Wise Rewards™ Program. There are two options, and each is free, and each qualifies for the $50 credit! The options are: Atlantic City Electric Energy Wise Rewards Thermostat which you can program manually or remotely through the Internet, could save up to 10% annually off your cooling and heating costs and it's professionally installed at no cost to you. Atlantic City Electric Energy Wise Rewards Digital ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
                                                                                                                                                        Fall, Little Egg Harbor NJ                        Winter, Little Egg Harbor NJ "If we had no winter, the spring would not be so pleasant: if we did not sometimes taste of adversity, prosperity would not be so welcome." Anne Bradstreet, 'Meditations Divine and Moral,' 1655 These pictures were taken on Radio Road in Little Egg Harbor.  The first in October, and from the same location January, 2011.   I'll have to keep this quote in mind, for those cold days of winter to come and those tough days of real estate that creep up every once in a while!
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for sale in Little Egg Harbor averaged 380 in December, 2010.  While the median sold price last month increased over the November 2010 Little Egg Harbor Homes for Sale Report, those figures can be deceiving.  All market reports are subject to interpretation, and this report does not reflect the style, size and location of the Little Egg Harbor homes sold. For example the median price of sold homes in Little Egg Harbor in December includes an older waterfront home that sold for $85,000, and at the high end a waterfront home built in 2004, which sold for $425,000.    For specifics on the Little Egg Harbor housing market or for help determining your Little Egg Harbor's home value, contact Little Egg Harbor REALTOR® Laura Giannotta.  Little Egg Harbor, NJ New Listings Under Contract E...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
As if there weren't enough reasons for New Jersey's great divide...the New Jersey Division of Motor Vehicles has just created another. Dating back to the 1600's north and south Jersey seemed separate. At that time it wasn't north and south Jersey, but east and west Jersey. Little Egg Harbor in southern Ocean County at the Jersey Shore was considered by most to the the eastern portion of west Jersey.  East Jersey was primarily the north Jersey coast, running inland a few hundred miles. In my lifetime, north and south Jersey were defined by area codes. Before cell phones New Jersey had just two area codes; 201 for north Jersey and 609 for south Jersey. For decades state legislators have argued that their district whether in north Jersey or south Jersey, wasn't getting it's far share. And ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
If you're looking to get back to nature, and enjoy all the things the Jersey Shore has to offer, consider birdwatching!   The Southern Ocean County Birding Group (SOBG) was founded in 2008 to provide opportunities for birders at the Jersey Shore to meet and learn.  The home territory of the group extends from the Barnegat Inlet down to the Great Bay and over to Bass River State Park. Because of our unique location, where the Pinelands meets the Jersey Shore, southern Ocean County is located on the Atlantic Flyway and a prime location for a wide variety of birds from sea ducks to forest song birds. The SBOC meets monthly and has scheduled monthly field trips.  The meeting take place at the Tuckerton Seaport's Hunting Shanty from 7pm-9pm the second Thursday of the month.  The next meeting...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Out with the old and in with the new!  That old New Year expression takes on special meaning here in New Jersey. Tomorrow and throughout the coming week most of New Jersey's 566 municipalities will reorganize. In Little Egg Harbor, Township Committeemen Eugene Kobryn and Edward Nuttall will be sworn in at noon January 1st, and the municipal reorganization meeting will begin immediately thereafter at Town Hall at 665 Radio Road.   Little Egg Harbor operates under the 'Township' form of government in New Jersey.  That means voters elect, at-large, 5 Township committee members.  Their terms are staggered and it is a partisan election.  Kobryn and Nuttall were elected in November.   The Mayor is elected by members of the Township Committee for 1 year term. The mayor chairs the Committee and...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
The schools at the Jersey Shore dismiss students early today for Christmas break.  And there's plenty to do before Christmas, but what about next week? By Monday, you'll be hearing the kids repeating of oft spoken kids mantra, "Mom, I'm bored!" So, here's a week long guide to 'What to do at the Jersey Shore after Christmas!' Monday - December 27th is the reenactment of the Affair at Cedar Bridge in Barnegat, on Old Halfway Road off Route 72.  It's a reenactment of the last skirmish of the American Revolution.  It begins at 2pm, and lasts until 4pm.   The reenactment is a wonderful way for kids and adults to learn of the Jersey Shore's Revolutionary history.  You'll be outside, so bundle up! Tuesday - December 28th is story time at the Long Beach Island Branch of the Ocean County Library...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
It's December 21, the winter solstice.  And, if you got up early enough and the skies were clear, you witnessed a total eclipse of the moon. Hanging high in the sky, the moon slowly turned from bright silver into a red disk early Tuesday.  Actually in New Jersey it was an orange-ish color, the say from pollution. A total lunar eclipse occurs when the Earth casts its shadow on the full moon, blocking the sun's rays that otherwise reflect off the moon's surface. Some indirect sunlight still pierces through to give the moon its eerie hue. The 3 and a half hour eclipse was visible from North and Central America where skies were clear. Portions of Europe and Asia only caught part of the show. Since the year's only total lunar eclipse coincided with winter solstice, the moon glowed high in th...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Homes for Sale in Little Egg Harbor - Little Egg Harbor NJ - Monthly Housing Market Report - November 2010There were an average of 413 homes for sale in Little Egg Harbor throughout the month of November 2010, up slightly from the October 2010 Little Egg Harbor Housing Market Report.  The price for Little Egg Harbor homes sold in November decreased, and a decrease was also recorded for Little Egg Harbor homes under contract when compared to October.  Little Egg Harbor, NJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price November 2010 51 15 39 16 134 $150,950  Compare that to the Little Egg Harbor homes sold one year ago.  Little Egg Harbor, NJ NewListings UnderContract Expired Sold Days onMarket MedianSold Price November 2009 49 23 44 33 126 $208,375 The steep decli...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
The National Association of REALTORS® may say that median single family housing values increased during the third quarter of 2010 by 2.5 per cent in the northeast (which is New Jersey's cubbyhole).  They may even say housing sale prices rose in the Atlantic City area by 2.9 per cent.   But where do they get these figures?  Little Egg Harbor is just 30 miles from Atlantic City, and Atlantic City is the only region close to the Jersey Shore on NAR's radar.  Ocean County isn't even mentioned on the NAR New Jersey list, but that's another story.  It wouldn't be the first time NAR got it wrong in New Jersey!  The Association had to adjust the housing market figures for the state in 2008's first quarter.  Ouch! NAR Corrects NJ First Quarter Stats Again, where did these people learn math and d...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Little Egg Harbor Open House Schedule - December 12 Four homes for sale in Little Egg Harbor can be viewed at Open Houses this weekend.  All the Little Egg Harbor Open Houses are scheduled for Sunday.        Address                Section             Price         Beds       Baths         Time      234 Pulaski Blvd 112 N Ensign Dr 114 E Dory Dr 1146 Radio Road Pulaski Village Waterfront Waterfront Waterfront $149,900 $199,000 $149,000 $475,000 3 2 3 3 1 1 1 2 1:30 - 4pm 1:30 - 4pm 1:30 - 4pm 1:30 - 4pm If you have a buyer’s agent representing you, be sure to tell the REALTOR® conducting the Open House.  If you don't yet have an Accredited Buyer's Representative (ABR), with advanced training in representing Little Egg Harbor home buyers, I'm Laura Giannotta, Little Egg Harbor REALTOR®.  ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Hope at Last for a Little Egg Harbor Short Sale! It seems Wachovia/Wells Fargo is going local to sell their short sale and REO listings.  I had the pleasure of meeting Christopher Reichert of Wachovia/Wells Fargo NJ at one of my short sale listings in Little Egg Harbor Wednesday. The home is grand, never been lived in, with an open floor plan and full basement.  Why has it been on the market for more than 250 days, the 'M' word, MOLD.  We've had two offers, one submitted one ridiculously low.  The Wachovia countered the offer, even sent an appraiser out.   Needless that deal didn't work.  I couldn't make the person at the other end of the phone line, speaking to me from a distant State, understand that this home was; scary to potential buyers, didn't have the bells and whistles of the o...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
The Mysteries of the Holiday Season - Little Egg Harbor, NJ Has It's Own Little Egg Harbor has a Holiday Mystery of its own.  Little Egg Harbor, a small southern Ocean County town at the Jersey Shore adds one more question to the Holiday mystery mix.  The question isn't of the magnitude of  how Santa gets around the world delivering toys to everyone, or the more spiritual mysteries like how the sacred oil of Hanukkah burned for 8 days or how the magi of the Bible's New Testament found the baby Jesus. Little Egg Harbor's Christmas Mystery has a much shorter history than those.  It only goes back four years.   The mystery, who places the Christmas ornaments on the pine tree at mile marker 58.3 along the Garden State Parkway? Every year it starts with one ornament on the south bound lanes ...
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By Laura Giannotta, Your Realtor Down the Shore!
(Keller Williams Realty - Atlantic Shore )
Little Egg Harbor NJ Open House Schedule November 27 & 28 There is one Little Egg Harbor Open House scheduled this weekend.  It's the largest model in Sunrise Bay, Little Egg Harbor's retirement community located between Radio Road and Center Street.  It has two bedrooms each with a private bath on the first floor.  On the 2nd floor there's a loft for an office and a third bedroom and bath. Open Houses - Sunday, November 28 - Little Egg Harbor, NJ      Address           Section           Price           Beds           Baths           Time      2 Nautic Way Sunrise Bay $275,000 3 3 12noon - 2:30pm There are 9 homes for sale in Sunrise Bay, Little Egg Harbor priced from  $180,000 for a short sale to this large home listed a week ago at $275,000.  Two Sunrise Bay homes sold since January 2...
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