Just the Facts…

Market stats- past 30 days in Avalon and Stone Harbor, NJ.

A total of 24 properties sold; 12 single family homes, 11 condo/townhouse units, and 1 commercial property.

Condo/Townhouse Sales:  ranged from $160,000 for a 1 bedroom/1 bath Beachcomber condo/motel unit; to $825,000 for new construction side by side townhouse style on 29th Street.  There were 4 sales in Stone Harbor; 7 in Avalon.  The median selling price was $420,000.

Single Family Sales: ranged from a low of $845,000 for an upside down style home with wetlands views on 24th Street; to $3,800,000 for a 1960’s era tear down on the beach front of 17th Street.  There were 3 sales in Stone Harbor; 9 in Avalon.  Median selling price was $1,550,000.

Commercial Sale:  97th and Third Avenue- 3 store fronts plus 2nd floor offices.  Located on the bay.  Sold for $1,800,000.

In addition, there are 31 properties Under Contract, with settlement scheduled to occur within the next few months.

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