Stone Harbor, NJ: Celebrating 100 years with fun events throughout the summer.
Click HERE for more details.
Music- every other Tuesday at the Water Tower Plaza (didn’t know it had an official name!)
5K/Fun Run on July 6th- 100 year old properties along the route.
Boat Parade- evening of August 9th, originating from the Stone Harbor Yacht Club.
And the grande finale- an all day event on Saturday, September 6th at the 80th Street field…including fireworks!
Last year, the most common tenant request was for WiFi . Â This year, it’s permission to bring a dog (sometimes several!)
And while many owners are still reluctant, there are some landlords who will consider a well behaved dog with references.
If you own a rental property, promoting it as “pet friendly” will generate higher weekly income, and more weeks booked. Â Tenants are willing to pay a premium for the convenience of bringing the family pet to the shore (saving the kennel or pet sitting fees).
There are restrictions for dogs on the beach- not permitted in Avalon during the summer months; and only after 7pm to sunset in Stone Harbor…and always on a leash.
Will spare you my annual rant regarding dogs on the beach…easier to LINK to last year’s post!
Restaurant week provides SO many options!
7 Mile Restaurant Week- June 2nd to the 8th. Â Click HERE for more details.
Cape May Restaurant Week- June 1st to the 8th. Click HERE for more details.
Flavor of Sea Isle City- now though June 6th. Â Click HERE for more details.
Enjoy!
Mother Nature’s beach replenishment: nice to see the return of valuable sand to our island beaches.
Picture taken this morning; about an hour before high tide- Â south end Stone Harbor, NJ.
The BIG crowds were pleased with the weather…and the surfers were pleased with the BIG waves!
Avalon NJ- Monday, May 26th- the annual Memorial Day Parade starts at 9am- (32nd Street and north to Veterans Plaza) . Click HERE for details.
Planning vacations and traveling provide valuable learning experiences that I bring back to my job.
For example:
1) The Repeat Visitor.  Returning to the same location year after year is the vacation equivalent of comfort food.  Tenants know their way around- from where to grocery shop, to the best place for coffee. There’s no learning curve…it’s easy. And, the familiar sights are tied to many happy memories.  The Jersey Shore is known for exceptionally loyal, repeat visitors.
When vacationing in one of our “repeat visitor” locations, we don’t feel like tourists. Â In fact, we may even help newbies with directions or information 😉
2) Vacation Rentals. When it’s my turn to search for a house or condo to rent, the advice I give to property owners is reinforced. Capturing tenants’ interest and accurate pictures are a must.  I will click through photos BEFORE I read the description.  If the property is not appealing, I’m on to the next choice.  And like most tenants, I don’t want rustic and cluttered. Charming is fine…yet with newer kitchen and baths!
3) Inconvenience. Time off from work is a BIG deal. Â Coordinating family schedules, making the arrangements, and paying for vacation- all very stressful. Â So if something goes wrong, it’s upsetting. Â A tenant wants to know that someone cares, and is working on making it right. Â They don’t want excuses- just a solution.
4)Â Social Media. Â The Internet drastically changed the vacation rental/travel industry. Â All good, except we lost much of our personal contact. Â Social media allows us to connect in a new way- which is why I’m a huge fan of Twitter.
Already looking forward to my next vacation/learning experience (after the busy summer season of course!)
Every day, and every walk…a different view.
This morning- sunny and crisp (nice way to describe windy!) Â Friday morning- overcast and hazy. Â Enjoy the weekend 🙂
Good news.
The Townsends Inlet Bridge (connecting Avalon and Sea Isle City) is now open after several months of repairs.
And, according to Twitter posts…no tolls charged today 🙂
(Picture – February 2014)
Busy Month of May
A total of 45 properties sold (settlement) during the month of May in Avalon and Stone Harbor, NJ.  The overall median selling price was $999,000.
By category:
27 single family homes, ranging from $505,000 for a bungalow located over the 21st Street bridge; to $7,000,000 for a well maintained ocean front home on a 70′ x 110′ lot in the south end of Avalon.  The median selling price was $1,135,000.
13 condominium/townhouse units, ranging from $252,000 for a 1 bedroom bay front unit located at 96th Street and Sunset Drive; to $1,325,000 for a bay front side by side townhouse style located over the 25th Street bridge.  The median selling price was $527,500.
3 vacant lots, ranging from $1,750,000 for a lot on the beach block side of 38th and First Avenue; a south end beach block on 66th Street, and a bay front lot on Seagull Drive both sold for $2,450,000.
2 multi-family homes, an older Cape style across the street from the bay on 99th and Sunset Drive for $925,000; and an older expanded Cape on the beach block corner of 35th and First Avenue (60′ X 110′ lot) for $1,700,000.
While the condominium/townhouse sales are straightforward, the other 3 categories often cross over. Â An older single family home may truly be a “land value” sale. Â One of the reported vacant lot sales still has an older home on the site (to be torn down). This aspect of our market can be confusing for appraisers!
If you have any questions about market values in Avalon or Stone Harbor, NJ, please contact me  ann@anndelaney.com or 609-967-7950
Thank you for your continued interest!