Illegal Living Space in the Long Beach Island NJ Real Estate Market
Illegal Space in the LBI Real Estate Market 
Illegal Space in the LBI Real Estate Market 
Illegal Space in the LBI Real Estate Market
Long Beach Island Real Estate Illegal Living Space
Since Hurricane Sandy impacted Long Beach Island at the end of 2012, there has been a considerable amount of new construction taking place. While the advantages of building a new home are indisputable, several local codes must be followed. One of the most significant (and tempting to ignore) is the building of Illegal Space in the LBI Real Estate Market. First, some background:
- All homes have a base flood elevation associated with them
- Building codes vary but generally state your first floor has to be at least 1-3 feet above this base flood elevation.
- Building living space below base flood elevation is not permitted
- Many towns on Long Beach Island require a particular deed restriction to be filed stating that no living space will be developed below base flood elevation
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
Illegal Space in the LBI Real Estate Market
The method of construction most common on Long Beach Island is to build a home on pilings with about 8-10 feet of height above the ground. With such a large amount of unused space, many homeowners are tempted to develop this space into additional rooms. While this space is undoubtedly useful, it is entirely not permitted. When looking to buy or sell a home in the Long Beach Island real estate market, it is crucial to understand what is and what is not Illegal Space in the LBI Real Estate Market. Any room or rooms that are not permitted will probably have to be removed when a home sells. For this reason, buyers have to be aware that some aspects of a home may not be allowed, and sellers have to understand that they may have to remove the rooms they added (at their cost). While this illegal living space is usually found on the ground floor, I want to point out that there are many situations where ground floor living space IS permitted. Buyers and sellers have to understand the local zoning laws to determine if they can or cannot advertise ground floor space as being legal.
Buying and Selling in the Long Beach Island Real Estate Market
The second home market on Long Beach Island is full of unique rules and regulations that can have a significant impact on the value of a home. In order to be successful in your LBI real estate transaction, you have to work with an agent who can advise you on these matters. Things like flood insurance, building footprints, and Illegal Space in the LBI Real Estate Market are some of the primary examples of factors that can alter the value of a home on Long Beach Island. If you have any questions about buying, selling, or investing in the LBI real estate market, please do not hesitate to contact me.
By : Nathan Colmer |LBI Real Estate Agent | 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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