Category: Seashore Real Estate

  • There’s Still Time!

    RentSignIt’s not too late to find a great summer vacation rental in Avalon or Stone Harbor NJ.

    We have new inventory (from recent sales) and a few cancellations.

    Please pass the along the word…and the link to our web site!

    I am happy to better describe a property and/or location.

    609-967-7950

    Thank you for your interest!

  • “Highest Part of the Island”

    Selling real estate on the island for 30+ years, I can’t tell you how many home owners proclaim that their property is located “on the highest part of the island”.   I’ve even heard my husband make the claim about our street when talking with neighbors!

    For clarification, the Borough of Stone Harbor provides supporting data – a color coded brochure mailed to each property owner (and available on their web site):

    http://stone-harbor-nj.com/wp-content/uploads/2013/05/GeneralElevationMapColor.pdf

    The green sections are the true “highest points” in Stone Harbor.  Most are along the beach/ dunes, and in the south end past the Bird Sanctuary.  The white areas are next, and cover most of the blocks between First and Second Avenues.  The blocks between Second and Third Avenues are a mixture of white and yellow elevations.  In my experience, the yellow areas will see standing water in the street during a heavy rain storm/high tide combination.  The bayside of town is mostly orange, with sections of pink (the lowest elevation).  These areas will flood during storms.  Residents are told to move their cars to avoid salt water damage. Flooding may be limited to the street and just over the sidewalk- but potential buyers should be aware of the situation.

    The elevation levels in Avalon follow a similar pattern-  the highest sections are closer to the beach rather than along the bay (with the exception of the man-made lagoon area- Pelican, Seagull, Flamingo, and Heron Drives).

    Bottom line? When you live in a beautiful community surrounded by water, understanding the lay of the land is just part of the deal 🙂

    WedBay

  • More Flood Insurance Info

    A common question from prospective buyers:  “What is the cost for flood insurance?”

    The variables:  elevation of the street (typically, the blocks closer to the beach have a higher elevation than those by the bay), and elevation of the structure.

    An elevation certificate is required for an insurance agent to quote a new policy.  The certificate (prepared by a surveyor) will state the elevation at the curb and the lowest floor of the structure, as well as details regarding vents.

    Homes built prior to 1974 were not subject to the elevation requirements of FEMA, and may sit lower than required by the current code. This translates to a higher rate for flood insurance.

    Newer homes and those elevated (see related blog post) benefit from a more favorable rate.

  • Venting = Savings on Flood Insurance

    Re-posting this info after a recent conversation with an Avalon property owner. By adding 6 Smart Vents, owner will save $3600 per year on flood insurance! 

    Original blog post-  4/18/13

    Worth searching through your shore house paperwork:

    Find your flood elevation certificate (the report is supplied by a surveyor; a separate document from the plot plan). If you do not have a copy, your flood insurance agent should have a copy of the elevation certificate on file.

    Near the top of the first page, look at line A-8; a).  This is the square footage of your crawl space.  In the example pictured below, it’s 589 square feet (a small cottage).

    Compare this number with A-8 c).  In the example, the net area of flood openings is 168 square inches, with no engineered flood openings (vents).

    If the property otherwise meets the current elevation standards, yet the venting square inches do not MATCH the crawl space square feet, the property owner will pay significantly more for flood insurance.

    Solution?  Add more vents- specifically engineered vents (like the brand name Smart Vents).  The typical metal grate vent may only provide as little as 42 square inches of qualified venting; in comparison, a Smart Vent = 200 square inches.

    Quick math with example:  589 minus 168 = 421 square inches of additional venting needed.  3 Smart Vents (at 200 square inches each) solve the problem.

    FloodCert

     

  • Real Estate = Relationships

    OfficeWhile creating a new ad for the office, the agents/staff of Tim Kerr’s Power Play Realty agreed that our tag line should mention relationships.

    We are a small office, yet manage to retain an impressive market share.

    One strength is maintaining long term business relationships with our owners and tenants.

    Yesterday, I tweeted about an emotional goodbye to property owners selling after 34 years in Avalon.  I helped them purchase the home in 1982.  Now I am helping them sell in 2016.  It’s an honor to feel their trust.

    Today, a past tenant stopped in with relatives who are now renting with me.  We first met in 1997 when I showed her a small apartment to rent for the season.  Her family rented the same place for almost 10 years.  She thanked me for “changing her life”.  Her summers in Avalon set the stage for enduring friendships.  One daughter married a young man from Avalon.  Her other daughter started a career in fashion from a job at the local surf shop. Wow…the visit made my day.

    So, it’s not just sales and rentals…it’s experiences and memories.  We understand that aspect of our job, and work hard to earn your confidence.

    Logo

     

    2821 Dune Drive, Avalon NJ 08202

    609-967-7950    ann@anndelaney.com

  • Market Stats, Avalon/ Stone Harbor NJ

    salesignDuring the month of March, a total of 22 properties SOLD in Avalon and Stone Harbor.

    In an unusual trend, condo/townhouse units sold out numbered the residential homes sold.

    A total of 12 condo/townhouse units SOLD, ranging from a 2 bedroom street side condo at Hall Harbor (96th Street) for $382,500; to a 25th and Ocean Drive bay front townhouse built in 2013, with a large private pool for $1,600,000.  The median selling price of all condo/townhouse style units-  $760,000.

    There were 8 residential sales, ranging from a renovated “court cottage” on Linden Lane in Stone Harbor for $667,000; to a 4 bedroom, 4.5 bath upside down style home built in 2004 with a pool on 105th Street for $2,125,000.  The median selling price for all single family homes-  $1,315,000.

    One multi-family property sold, a 4-plex on the corner of 28th and Avalon Avenue for $1,325,000.

    And, one vacant lot on the corner of 20th and Avalon Avenue sold for $1,475,000.

    There are an additional 62 properties sale pending, with a median asking price of $1,299,000 (final selling prices are reported after closing).

    If you have any questions regarding values in Avalon or Stone Harbor, please let me know.  609-967-7950  or  ann@anndelaney.com

    Thank you for your interest!

    pavillion

     

  • On the Water

    Interesting mix of single family homes available for sale on the bay and ocean.

    See attached link:  MLS sale properties

    If you have any questions,  609-967-7950  or ann@anndelaney.com

    Thank you for your interest!

    AvalonBeach

  • Seller’s Market

    salesignYes, you read that right!

    After years of bumping along with a steady market, sellers are benefiting from strong buyer interest, and sometimes even multiple offers.

    Buyers are savvy, and recognize a well priced sale listing.

    If you are thinking about selling (maybe it’s time to move up??) please give me call to discuss values.

    Thank you for your interest!    ann@anndelaney.com      609-967-7950

  • Just Listed for Sale

    Upside down style home with a HUGE pool, and located just one block from the ocean.

    Popular residential neighborhood with convenient access to the Borough of Avalon recreation field (tennis, basketball, playground, etc.)

    26 West 11th Street, Avalon NJ

    Oversized 70′ X 110′ lot.      $1,575,000 

    For more details and interior photos:  Click Here

    Exterior11thPoolTwo11th

     

  • Summer Rentals

    RentSignHave you or your family finalized vacation plans for summer 2016?

    Our agency represents a wide variety of homes and condos for rent in Avalon and Stone Harbor NJ.

    Visit our web site:  Tim Kerr’s Power Play Realty  to review options.

    And, always worthwhile to email/talk with me for a complete perspective of locations and amenities.

    Thank you for your business and referrals!

    ann@anndelaney.com