Tax Assessments- Green Postcard

Postcards have been mailed to all Avalon and Stone Harbor property owners from the tax assessor’s office.

In Avalon, the numbers reflect the recent re-evaluation (detailed in the letter sent to property owners in December).  In Stone Harbor, the assessment is based on the re-evaluation completed in 2008 (should be the same figure as last year unless substantial changes were made to the property).

If you have any questions about the fair market value of your shore home, I am happy to provide additional details:   ann@anndelaney.com

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Beach Report- Avalon, Stone Harbor NJ

The stormy winter months can be hard on our beautiful seven mile island beaches.  Thankfully, the erosion has been minimal along our coast. 

My observations from recent walks along the beach:

Avalon:  The beaches from 8th through 18th Streets are in great shape.  Beach access between 19th to 23rd Streets is blocked at the paths (a steep drop to the sand below).  The Borough of Avalon will make the necessary repairs to allow safe beach access this summer.  Beaches between 20th and 30th Streets are not as wide as in past summers- hopefully Mother Nature will return the borrowed sand.  The section between 30th Street through to 80th Street is fine.

Stone Harbor:  The dunes and beaches are in great condition between 84th through 94th Streets. Some erosion of the dunes in the downtown area and south to 111th Street- otherwise, the beaches are fine.  The dunes south of 112th Street have recovered from last year’s storms and the beach is back.  The beach becomes narrow between 122nd Street and the jetty just before the point (Hobie Cat/ kayaking beach).  And of course the beach at the point is huge!

A good day to think about warmer days on the beach 🙂

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Island Living

When you live on an island, driving over bridges is a necessity.

The accident on the bridge between Sea Isle City and Ocean City on Tuesday is a scenario we have all thought about:  http://tinyurl.com/4hl9fdp

Thankfully, the two teenagers survived- but I can’t imagine how scary it was for all involved.

Extensive rust on railings does not provide confidence about the structural integrity of a bridge.  I kayak under a few local bridges and can verify that salt air is brutal on the metal components. 

I hope that this accident is the incentive to find the funds and make the deferred repairs.

 

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Shades of Gray

My morning view last Tuesday…ahhh.

Looking out from my office window today, I see wet roads (at least no snow) and gray skies.

We count on a pretty sunrise or sunset to provide some color to the shore in the winter.  Otherwise, it’s mostly shades of gray in the sky, sand, and ocean. 

Counting down to spring 🙂

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Back to Reality

Aloha!  Back to work after a wonderful 12 day vacation (those of us who live at the shore take vacations in the off season…and of course there HAS to be a beach!)

We visited the islands of Maui and Lanai in Hawaii. Both are beautiful and unique.  A quick comparison: if Maui is Avalon/Stone Harbor in the summer; Lanai is our seven mile island in the off season.

Hawaii’s tourist industry is not back 100%, but based on the crowds in restaurants and other activities, people are willing to spend money on vacation.  A good sign for our tourist driven area, too.

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January Thaw

Warmer temperatures at the shore this weekend.

In fact, all of the snow has finally melted from the beach!

I am leaving tomorrow for another island…one with even warmer temperatures.  Time for my “January thaw”  🙂

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2005 to 2010 Comparison

Overview of real estate stats for Avalon and Stone Harbor, NJ:

Avalon – Number of sales and average SOLD price for single family homes

2005       159           $2,132,769

2006       106           $2,383,793

2007         92            $2,034,541

2008       100            $1,837,592

2009         85             $1,384,278

2010         87             $1,488,340

Stone Harbor– Number of sales and average SOLD price for single family homes

2005       80           $2,120,535

 2006       43            $2,260,221

 2007       59            $1,905,067

 2008       42            $2,166,062

 2009       39            $1,633,447

 2010       38            $1,708,893

Information compiled from the Cape May County Multiple Listing Service.  To request a copy of the full report (including condo/townhouse sales), send me an e-mail  ann@anndelaney.com

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Winter Humidity

A shift in wind direction this morning.  

Two clues of a south east breeze: you can hear the waves breaking in the ocean several blocks away; and the moisture level in the air increases.

The slightly warmer temperatures are off set by the dampness.  Thankfully, the sun has arrived to make for a beautiful January day!  Enjoy the weekend.

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Avalon, NJ- Beach Update

Good news:  the beaches in the north end of Avalon are holding their own. 

The dunes and beach paths constructed last year are in intact. 

Top picture was taken this morning- looking north toward the 9th Street jetty.

The not so good news:  beach erosion has effected a 5 block stretch of Avalon’s beach.  The section between 19th to 23rd Streets is currently not accessible from beach paths.

The Borough of Avalon is committed to safe beach access and will make every effort to repair the damaged beach entrances prior to the summer season.

P.S.  If you collect sea glass, I found several “prize” pieces along the high tide line in the north end.

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January Stats

The weather and holidays didn’t deter 21 buyers from completing their seashore purchase during the past 30 days.

Of the 21 properties SOLD, 17 were in Avalon; 4 in Stone Harbor.  The sold prices ranged from $382,500 for a tear down duplex in a commercial zone in Avalon; to $4,800,000 for a tear down ocean front in the south end of Stone Harbor.  The median selling price was $920,000.

Of those sold: 15  single family homes; 5 condo/townhouse units; and 1 vacant lot.  There are an additional 23 properties sale pending with settlement scheduled to take place in the near future.

If you have any questions about current real estate values in Avalon or Stone Harbor, please let me know  ann@anndelaney.com

I appreciate the opportunity to help!

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