Price reduced!
4713 Fifth Avenue, Avalon NJ
Older upside down style home situated on a 60′ X 250′ lot. Nice setting, and great views (in my opinion, much better than shown in the pictures). Quiet residential section- near the cul de sac.
Click here for more information and photos.  $1,500,000
Thank you for your interest!  ann@anndelaney.com
Effective January 1, 2013, net investment income for high-income households (over $200,000 individuals/$250,000 married couples) will be subject to the 3.8% Medicare Tax (part of the health care bill). Capital gains are included in the definition of net investment income, so this additional tax could apply to the sale of real property.
Primary homes will continue to benefit from the first $250,000/$500,000 exclusion before the tax applies. Second home sales do not have this exclusion, so the 3.8% tax would apply to “the portion of the gain realized on the sale of a second home or investment property that with bring the filer’s AGI (adjusted gross income) over the $200,000/$250,000 limit”.
Source: New Jersey Association of Realtors- legislative update. The National Association of Realtors posted a Q&A on the provisions of the new health care bill on www.realtor.org/healthreform
That’s better!Â
More comfortable temperatures and a nice breeze to start off Sunday.
Enjoy the beach day 🙂
This was my view yesterday…what a perfect beach day 🙂
Back to work today. The excessive heat will be especially rough on our tenants checking out this morning, and those arriving later this afternoon (and of course the hard working cleaning crews in between!)
Have a good weekend.
P.S. Our on-line rental system is down. If you have any questions regarding a rental property, please call 609-967-7950. We hope to be back up soon.
Did you enjoy the 4th?
The weather cooperated with the crowds. An early west wind turned to a more comfortable sea breeze just as I was ready to start my beach day 🙂
In Stone Harbor, the life guards decorated their stands and boats, and organized activities for the kids.
We watched the fireworks from 80th Street- it was like an IMAX event: Avalon’s first to our left; Stone Harbor’s overhead; and then North Wildwood’s as we walked home. Nice!
Letter from  Leslie Weinberg, representative from United by Blue:
Full moon tonight. This was my view from last night’s sunset walk along the beach.
So many events scheduled for tomorrow: fireworks, live music, family activities, etc. For the complete list, visit: http://www.avalonboro.org/   and   http://www.stone-harbor.nj.us/default.asp and Stone Harbor Chamber Chatter
See you on the beach 🙂
Random observations:
The water is warm. The lights in the trees in downtown Avalon look so pretty at night. The seating areas outside Bonnie’s Toppings and Tutto Gelatto in Stone Harbor are great for people watching as you enjoy your treats. Restaurants and retail businesses are busy. Already ample opportunities to check out unique (read: expensive) cars in town. Same statement applies to breeds of dogs!
Happy Summer!
The Power Play “Team”
Tim Kerr, Sue Heenan, Chris Gallagher, Mary Salvesen, Ryan Vince, and Ann Delaney
Seashore sales and rentals in Avalon and Stone Harbor, NJ.
2821 Dune Drive, Avalon, NJ 08202Â (609)967-7950
Aren’t They Baby Clams??
I asked a knowledgeable Twitter friend to provide more information about the mini clams abundant this summer along the water’s edge. She responded the same day with a helpful post on her blog: Beach Chair Scientist
Follow Ann McElhatton on Twitter @bcsanswers