A major perk of living AND working by the beach: a quick break to see the ocean!
Category: Avalon, New Jersey- News
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October Real Estate Stats
Another active month of sales in Avalon and Stone Harbor NJ!During the past 30 days, a total of 41 properties SOLD (settlement) with an overall median selling price of $1,440,000
13 of the sales were for condo/townhouse style units, ranging from a 1st floor 3 bedroom condo over the 21st Street bridge for $400,000; to a newer bay front townhouse style (side by side) on 20th Street for $1,725,000. Â The median selling price of all condo/townhouse units-Â $799,000
27 of the sales were for single family homes, ranging from a small cottage on Linden Lane in Stone Harbor for $425,000; to a custom 3 level bay front home with a pool on Fifth Avenue in Avalon for $4,750,000. Â The median selling price of all single family homes-Â $1,612,500
1 sale was posted as a multi-family (duplex) at 160- 84th Street, Stone Harbor. Purchased by a builder and torn down (land value sale) for $1,250,000
In addition, there are 86 properties sale pending, with an overall median list price of $1,399,000 (final selling prices are posted after settlement).
Please let me know if you have any questions regarding market values in Avalon or Stone Harbor NJ.  ann@anndelaney.com  609-967-7950
Thank you for your interest!
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Tax Evaluations
Both Avalon and Stone Harbor have scheduled a tax re-evaluation for all properties within the municipality.
Property owners will receive notice, and a request for inspection. Â It’s always in your best interest for the tax assessor to see the interior so that you are credited with the correct amenities.
Once the evaluations are complete, the tax rate will be adjusted accordingly.
The communities are required to maintain tax assessments within a close percentage of fair market value.
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October Summer!
Beautiful beach day (not for me…but spotted a few lucky people when I walked down the 28th Street path to see the ocean!)
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South end Avalon- For Sale
New on the sale market- 6890 Ocean Drive, Avalon NJ
Unique oasis in a prime south end Avalon location. Â 4 bedrooms, 3 baths over 3 levels of elegant seashore living. Â A short walk to wide bathing beach…and nice bay views! Â $1,049,000 attractively furnished and ready for immediate enjoyment.
For more details: Â MLS Link
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Booming Sale Market!
Optimism has returned to the shore real estate market. Â Amazing stats for the past month!A total of 39 properties sold (settlement) in Avalon and Stone Harbor NJ. Â With a median selling price for all categories of $1,200,000.
As typical, the majority of sales were for single family homes.
25 single family homes SOLD, ranging from $600,000 for a cottage on an undersized 55′ X 60′ lot on 33rd Street, Avalon; to $3,250,000 for a newer home with a pool at 11015 First Avenue, Stone Harbor on a 70′ X 100′ lot. Â The overall median selling price for single family homes- $1,500,000
13 condo/toownhouse style units SOLD, ranging from $295,000 for a 1 bedroom converted hotel/condo at 79th and Dune Drive, Avalon; to $1,320,000 for a multi-level side by side on the bay at 6640 Ocean Drive. Â The overall median selling price for condo/townhosue units- $555,000
1 vacant lot SOLD- 80′ X 100′ corner lot at 54th and Dune Drive, sold for $1,125,000.
In addition, there are 115 properties sale pending, with settlements scheduled for the near future. The sale pending properties range from $385,000 for a condo at Golden Shores (80th and Second Avenue) to $7,999,000 for the property at the end of Fifth Avenue on an oversized lot. Â The median asking price of those sale pending is $1,495,000 (final selling prices are posted after closing).
If you have any questions regarding sale values in Avalon or Stone Harbor NJ, I am here to help! Â 609-967-7950 Â or ann@anndelaney.com
Thank you for your continued interest.
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TK Race Rescheduled for Sunday 9/11
Good news.
The annual Tim Kerr 7 Mile/5K Race has been rescheduled for NEXT Sunday, September 11th at 8:30am.
For more information: Â TK Charities Web Site
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For Sale- South end Avalon
New on the sale market- 6890 Ocean Drive, Avalon NJ
Unique oasis in a prime south end Avalon location. Â 4 bedrooms, 3 baths over 3 levels of elegant seashore living. Â A short walk to wide bathing beach…and nice bay views! Â $1,049,000 attractively furnished and ready for immediate enjoyment.
For more details: Â MLS Link
