Category: Seashore Real Estate

  • Selling the Shore

    Welcome your new Avalon neighbors…

    276 43rd Street  50′ X 110′ lot with updated rancher.  Sold for $1,095,000

    237 44th Street  50′ X 110′ lot with well maintained 2 level home.  Sold for $972,000

    282 50th Street 60′ X 110′ lot with renovated 1.5 story home.  Sold for $975,000

    230 65th Street 40′ X 110 lot with updated rancher.  Sold for $1,200,000

    43rd44th50thSt65th

     

     

     

     

     

     

  • For Sale- South end Avalon

    New on the sale market- 6890 Ocean Drive, Avalon NJ

    Unique oasis in a prime south end Avalon location.  4 bedrooms, 3 baths over 3 levels of elegant seashore living.  A short walk to wide bathing beach…and nice bay views!  $1,049,000 attractively furnished and ready for immediate enjoyment.

    For more details:  MLS Link

    6890Ocean

  • Impatient Patient

    I’m grateful for my caring and competent doctors…and some strong meds to help with back pain this past week.

    I have missed WAY too many beach walks  🙂

    Finally on the mend, and added a few more blocks to my “stroll” this morning. Ready for another busy change over day, too.

    walking

  • Repairs to Gas Meter

    If you receive this letter from South Jersey Gas or Precision Pipeline Solutions, it’s a legitimate request to update the gas meter.

    Based on the “second notice” language on our letter, I obviously dismissed it as well.

    The techs need to turn off the gas while they elevate the meter and add new pipes.  Then the pilots inside are re-lit and checked (so access inside the house is necessary).

    For many homes, this includes checking the gas stove, heater, dryer, hot water heater, and fireplace.

    According to the tech who worked at our home, if owners don’t respond and make appointments, Pipeline Solutions was just granted approval to turn off the gas to complete the work, and then lock the meter until interior access is provided.

    This will off course be a huge inconvenience for the next occupant (owner or tenant) because major appliances won’t function until the gas company returns!

    If you have gas service at your Avalon or Stone Harbor property , it’s worthwhile to call the gas company to confirm this update.

     

    GasCompany

  • Beach Days!

    Great weather so far this summer.  A few wild rain storms to keep us out of a drought…and then back to hot, sunny beach days.

    There are vacation rentals still available for the upcoming weeks:  Power Play Realty Rental Search

    Thank you for sharing this info with friends/family looking to spend time on the island.

    I’m here to help!  ann@anndelaney.com  or 609-967-7950

    Beach

     

     

  • 2016 Rentals

    RentSighWe started off strong, yet we still have availability for prime summer vacation weeks!

    Please pass the word if you have friends or family thinking about a last minute rental in Avalon or Stone Harbor NJ!

    Tim Kerr’s Power Play Realty rental web site

    I’m here to help.

    Thanks!

    ann@powerplayrealty.com

     

  • Market Stats

    salesignAvalon and Stone Harbor NJ

    Market stats for the month of June:

    A total of 35 properties sold (settled) in the month of June, including one commercial property at 33rd and Dune Drive for $235,000.

    Otherwise, unusual to see the numbers split evenly for condo/townhouses and single family homes sold.  Typically we sell more single homes because that’s the predominate style of property.

    17 condo/townhouse style units sold, ranging from $256,683 for a 1 bedroom unit at Ocean View Condominiums 79th and Dune Drive, Avalon; to $775,000 for a 4 bedroom side by side style unit on 25th and Ocean Drive.  The median selling price of all condo/townhouse style units: $585,000.

    17 single family homes sold, ranging from $789,000 for a cottage style on 100th Street in Stone Harbor; to $4,500,000 for a custom bay front home on 42nd Street, Avalon.  The median selling price of all single family homes: $1,950,000.

    In addition, there are 81 properties sale pending, with settlements scheduled for the near future.  The median list price of those sale pending: $1,399,000.

    Real estate on the island continues to prove its value as a solid investment!

    If you have any questions regarding sales in Avalon or Stone Harbor, I am here to help.  ann@powerplayrealty.com

    Thank you for your interest.

  • Important Info for Bay Owners

    I attended a seminar this morning with important information regarding bay front ownership.

    Some Riparian Grants issued between the late 1980s through the early 2000s have the following language:

    “This grant is made upon the condition and limitation that there shall be no further filling of the presently flowed tidelands.  If any filling does occur within the presently flowed tidelands herein granted, the title to the lands conveyed herein shall immediately and automatically revert to the ownership of the State of New Jersey, but without any diminution in the consideration paid upon the delivery of this instrument.”

    When a property owner installs a new bulkhead (which typically extends out 24″ from the existing bulkhead based on current zoning), the State defines the added 24″ as  “filling”.  And YES, even if the required DEP and/or CAFRA permits were obtained.

    The Department of Tidelands has a new regime, and this enforcement is viewed by attorneys and title company representatives as a method to generate revenue.  Frustrating to say the least!

    Bottom line: the State of New Jersey expects the land owner to “buy back” this filled area, even though a large sum of money was paid for the original Riparian Grant.  

    Unfortunately, the issue will not go away.  Even if a bay front owner has no plans to sell, their heirs will eventually face the problem.  And because the cost to resolve is based on the value of the land, it makes sense to remove the lien sooner rather than later.

    Practical steps if you own a property on the bay:

    1) Find your original title work (settlement papers).  If a Riparian Grant was issued on the property, it will be attached.

    2) Read the language in the grant- checking specially for the reverter clause referenced above (not necessarily in all grants).

    3) If the reverter clause is in the grant, and you have installed a new bulkhead that sits out beyond the original bulkhead, it’s important to move forward with a resolution.  A current survey will be needed to show the exact measurements of the new bulkhead, too.

    A local title company and land use attorney can help you apply for a Statement of Non-Interest or a Confirmatory Grant from the State of New Jersey.

    I am here to provide recommendations for experienced professionals, and answer any questions to the best of my ability.

    Docks

     

     

     

     

     

  • Father’s Day

    During a recent move, one of my sisters found so many great old photos from the dark ages (our childhood in the 1960s!)

    This one is appropriate for Father’s Day (3 daughters with one more to come).  I’m the one in the middle with the goofy hat…oh wait…

    The real estate agent in me has to point out the background:  51st Street in Avalon looking toward the bay- so few houses!

    FathersDay

  • Back to Work…

    And back to “hiking” along the flat sand of our Seven Mile Beach 😉

    Looking at the calendar and our rental check in list for the quickly approaching Memorial Day weekend.

    Hoping the weather eventually catches up to the date!

    Hike