Press release from Borough of Avalon regarding the “Sandy damaged” road adjacent to the Townsends Inlet bridge:
(Picture taken on November 20, 2012)
  AVALON POLICE ADVISORY: WORK ON ROAD TO TOWNSEND’S INLET BRIDGE
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(Avalon, NJ)—The County of Cape May’s construction of a temporary road that will service the Avalon portion of Ocean Drive leading to the Townsend’s Inlet Bridge will begin on Monday, April 15th. The county anticipates the construction of the temporary road will conclude on or about Friday, April 26th.
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Avalon Police Chief William McCormick attended a meeting on Friday, April 12th that provided details of the project. Chief McCormick advises residents and visitors that both pedestrians and individuals on bicycles will be prohibited from the work area for safety reasons due to heavy trucks and equipment. The hours of construction on some days may begin as early as 6:00am and end at 6pm, or later, if required.
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For more information, please visit www.avalonboro.org. Â Â














Spring Sale Market
During the past 30 days, 26 properties sold (settlement) in Avalon and Stone Harbor ; plus, an additional 55 properties are sale pending with settlements scheduled over the next few months.
The median selling price was $847,500, with a low of $169,000 for a Beachcomber Condo/Motel; and a high of $2,400,000 for a newer bay front home on Yacht Club Drive (7th Street).
Of those sale pending, the median list price is $1,090,000. Â The low of $179,000 for another Beachcomber Condo/Motel; and a high of $3,950,000 for an oversized bay front “lot” at the end of Pelican Drive (plus the older structure sold “as is”). Â Final selling prices are not published until after settlement.
Property values are recovering- especially in prime locations. And the interest rates remain at an all time low. Â All positive signs for a healthy real estate market on the island.