New Construction Sales in Beach Haven and the LBI NJ Real Estate Market
Beach Haven NJ Real Estate
Beach Haven Real Estate New Construction Sales: The LBI real estate market sees an abundance of new construction homes. While some of this is the lingering result of Hurricane Sandy, the vast majority of new homes being built are for private use or for a flip project. To this end, understand how Beach Haven Real Estate New Construction Sales are trending can shed insight into the overall Long Beach Island real estate market.
Beach Haven Real Estate New Construction Sales
To give some insight into the new construction market on Long Beach Island and specifically in Beach Haven I have broken down market activity into all current (as of the time or writing this article) active new homes for sale and all sold new homes in Beach Haven over the past 6 months.
MLS# | Status | Street Number | Street Name | Municipality | Section | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM |
4045842 | A | 309 | Delaware Ave | Beach Haven Borough | Beach Haven | $999,000 | 3 | 2 | 1 | 1,800 | 288 |
4021443 | A | 335 | Pearl | Beach Haven Borough | L.E.H. Yacht | $1,049,000 | 3 | 2 | 1 | 1,800 | 720 |
4055250 | A | 130 | 5th | Beach Haven Borough | Beach Haven | $1,275,000 | 4 | 2 | 1 | 0 | 104 |
4045632 | A | 222 | 2ND ST W/Pool | Beach Haven Borough | Beach Haven | $1,495,000 | 5 | 4 | 1 | 2,800 | 300 |
4053207 | A | 324 | Iroquois | Beach Haven Borough | L.E.H. Yacht | $1,539,000 | 5 | 3 | 1 | 2,500 | 148 |
4055045 | A | 323 | Liberty | Beach Haven Borough | L.E.H. Yacht | $1,575,000 | 4 | 3 | 1 | 2,500 | 113 |
4058849 | A | 319 | Iroquois | Beach Haven Borough | L.E.H. Yacht | $1,695,000 | 5 | 4 | 1 | 3,000 | 9 |
4058417 | A | 232 | Merivale | Beach Haven Borough | L.E.H. Yacht | $1,895,000 | 4 | 3 | 1 | 2,500 | 37 |
4058768 | A | 116 | Glendola | Beach Haven Borough | L.E.H. Yacht | $2,349,000 | 5 | 4 | 1 | 2,500 | 10 |
4036399 | A | 1609 | S. Beach | Beach Haven Borough | L.E.H. Yacht | $2,495,000 | 4 | 3 | 1 | 2,000 | 412 |
4043036 | A | 400 | Leeward *To Be Built* | Beach Haven Borough | Beach Haven | $2,995,000 | 6 | 5 | 2 | 4,000 | 364 |
4058131 | A | 211 | Leeward | Beach Haven Borough | L.E.H. Yacht | $5,995,000 | 6 | 5 | 2 | 5,482 | 59 |
4045630 | C | 220 | Amber WITH POOL | Beach Haven Borough | Beach Haven | $1,400,000 | 5 | 4 | 1 | 2,587 | 121 |
4045631 | C | 218 | Amber WITH POOL | Beach Haven Borough | Beach Haven | $1,425,000 | 5 | 4 | 1 | 2,587 | 162 |
4056664 | C | 316 | Iroquois | Beach Haven Borough | L.E.H. Yacht | $1,500,000 | 5 | 3 | 1 | 2,500 | 0 |
4046330 | C | 139 | Seventh | Beach Haven Borough | Beach Haven | $1,608,000 | 4 | 3 | 1 | 2,600 | 107 |
4019666 | C | 5 | 11th | Beach Haven Borough | Beach Haven | $3,200,000 | 5 | 4 | 1 | 3,200 | 728 |
Below is a specific breakdown of how these homes look on an average price, price per sq. foot, etc
Status: Active (12) | |||||||
0 | Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM |
Min | 3 | 2 | $999,000 | $533.93 | – | 9 | |
Max | 6 | 5 | 5,482 | $5,995,000 | $1,247.50 | – | 720 |
Avg | 5 | 3 | 2,574 | $2,113,000 | $751.79 | – | 214 |
Median | 4 | 3 | 2,500 | $1,635,000 | $630.00 | 0 | 130 |
Sum | 0 | 0 | 0 | $25,356,000 | 0 | 0 | 0 |
Status: Closed (5) | |||||||
0 | Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM |
Min | 4 | 3 | 2,500 | $1,449,000 | $541.17 | 91.56% | |
Max | 5 | 4 | 3,200 | $3,495,000 | $1,000.00 | 100% | 728 |
Avg | 5 | 4 | 2,695 | $1,904,400 | $662.09 | 97.05% | 224 |
Median | 5 | 4 | 2,587 | $1,500,000 | $600.00 | 0 | 121 |
Sum | 0 | 0 | 0 | $9,522,000 | 0 | 0 | 0 |
Status: All (17) | |||||||
0 | Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM |
Min | 3 | 2 | $999,000 | $533.93 | 91.56% | ||
Max | 6 | 5 | 5,482 | $5,995,000 | $1,247.50 | 100% | 728 |
Avg | 5 | 4 | 2,609 | $2,051,647 | $723.76 | 97.05% | 217 |
Median | 5 | 3 | 2,500 | $1,575,000 | $617.03 | 0 | 121 |
Sum | 0 | 0 | 0 | $34,878,000 | 0 | 0 | 0 |
Beach Haven NJ Real Estate
There is clearly an abundance of activity in the Beach Haven real estate market for new homes. These homes offer the modern amenities that many buyers demand as well as offer a home built to the current flood codes. The downside of buying a new home on LBI is the premium charged by a builder for the project. To this end, finding a lot and building a new home is an option all buyers should consider. I am happy to provide details on the above data and well as go over the pros and cons of all market scenarios. For more information about Beach Haven Real Estate New Construction Sales feel free to contact me anytime.
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
You May Also Like:
Long Beach Island Real Estate Oceanblock Sales Update
Home Inspection Negotiation in the LBI Real Estate Market
LBI Real Estate Home Sales Over $1,000,000
LBI Real Estate Oceanfront Sales UpdatePosted in LBI Real Estate Market, Market Statistics Tagged LBI Real Estate, Long Beach Island New Jersey, Long Beach Island Real Estate, oceanside, single family home