Beach Haven Crest Real Estate Sales Update
Long Beach Island NJ Real Estate
Long Beach Island NJ Real Estate
The real estate market in Beach Haven Crest, which constitutes a small section of Long Beach Township, registered only one closed transaction during the fourth quarter of 2016. The single home to sell was 109 E. Surf Ave. which was an impressive new construction on the oceanfront with five bedrooms, 4 1/2 bathrooms and nearly 3500 sq. ft. of living space. This home sold for $2,750,000 after spending 44 days on the market. This represents a sales price to list price ratio of 91.67% and a price per square foot for $797.10.
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Beach Haven Crest Real Estate 2016 Fourth-Quarter Sales
The market activity in Beach Haven Crest highlights the wonderful investment opportunities that exist in the LBI real estate market. This home was purchased by the seller as an investment which was torn down and rebuilt. There is a substantial amount of profit in the transaction which is not unusual for a speculative real estate investment in the LBI real estate market. While there is only one closed transaction this quarter, the Beach Haven Crest real estate fourth-quarter 2016 sales help to show the opportunities that exist in the LBI real estate market.
For more information about Beach Haven Crest real estate or LBI real estate in general, please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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