Nathan Colmer | The Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Search LBI NJ real estate single family homes over $2,000,000 on Long Beach Island New Jersey. Single family homes over $2,000,000 offer the very best of the best in the LBI real estate market. Search large oceanfront estates and new construction on LBI.
Single family homes priced over $2,000,000 offer the very best of the very best. These high end homes are almost all located on the water and are nothing short of amazing. You will find top of the line everything in almost every property in this price range.
The high end of the LBI real estate market offers a number of different opportunities. The most expensive homes on Long Beach Island will trade in the $10,000,000 range so there is clearly a wide range of options for buyers in this budget. It is very common to see large tracts of land in prime locations sell as tear downs within this price range, especially in the areas of Loveladies, North Beach and along the oceanfront. New construction along the oceanblock areas throughout the LBI real estate market will also often trade in this price point. For end users, buyers can expect:
Homes in this price range will typically be on or very near the water. Some homes will have large, in deck pools overlooking the Atlantic Ocean, helipads or docking for a sea plane! Homes on the very top of this price range will offer multiple acres of land on the oceanfront or bayfront in areas such as Loveladies or Webster Lagoon.
It is important for all buyers to remember that all homes in this price range are subject to the "mansion tax" which equates to 1% of the purchase price paid by the buyer to the State of New Jersey. This expenses is due at closing and must be factored into the overall transaction.
Buyers looking for homes in this price point may also consider building a new home on Long Beach Island. This budget will easily allow for the purchase of land and the building of a new home. While this is a significant investment of time, approximate one full year from start to finish, the finished home should have between 20% and %30% equity in the home relative to the project cost. This kind of appreciation makes such an endeavor highly attractive for both personal enjoyment and long term investment in the LBI real estate market.