AÂ common question from prospective buyers: Â “What is the cost for flood insurance?”
The variables: Â elevation of the street and elevation of the structure (typically, the blocks closer to the beach have a higher elevation than those by the bay).
An elevation certificate is required for an insurance agent to quote a new policy. Â 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 recent blog post) benefit from a more favorable rate.
Beach Update for Avalon, NJ
The northern end of our island has taken the brunt of several winter storms.
The Borough of Avalon is working to secure a contract for a beach replenishment project. Â The goal is for all beaches to be open and safe for public use.
Erosion of  sand has created a steep drop off on several north end paths.  Until repairs are made, beach access is closed between 10th and 17th Streets; and  23rd to 25th Streets.
That said, I am still walking the beach in that area (obviously easier at low tide). Â Â And I will provide updates once a beach fill project is scheduled.