Long Beach Island Real Estate Weekly Sales Update 2/3/2019-2/10/2019
LBI NJ Real Estate Weekly Update 2/3/2019-2/10/2019 
LBI NJ Real Estate Weekly Update 2/3/2019-2/10/2019 
LBI NJ Real Estate
Long Beach Island Real Estate
LBI NJ Real Estate Weekly Update 2/3/2019-2/10/2019: Things were certainly busy on LBI this week! While a little slower than last week, with a total of 89 changes to the market things are clearly happening at the beach! This included new listings, price changes, sold listings, etc. To help understand the dynamics of the LBI real estate market I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. This week saw the highest average sales price so far in 2019. In this week’s update you will find the Long Beach Island Real Estate Weekly Sales Update 2/3/2019-2/10/2019. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
- 31 new listings entered the market with an average price of $995,000 (rounded)
- 11 listings went under contact with an average listing price of about $709,000(rounded)
- 7 properties sold on Long Beach Island with an average price of $1,596,000 (rounded)
- 9 listings were either withdrawn of expired in the LBI real estate market
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
LBI NJ Real Estate Weekly Update 2/3/2019-2/10/2019
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, “P” means the property is under contract (pending), “C” means the property sold and “W” or “X” means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
| Property Type | Chg Type | MLS# | Street Number | Street Name | Municipality | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM |
| RES | NEW | 4060361 | 7301 | Long Beach | Long Beach Twp | $429,000 | 2 | 2 | 0 | 1,296 | 6 |
| RES | NEW | 4060347 | 1106 | Barnegat | Surf City | $450,000 | 3 | 1 | 0 | 985 | 7 |
| RES | NEW | 4060419 | 26 | Jacqueline | Long Beach Twp | $459,900 | 1 | 1 | 0 | 392 | 4 |
| RES | NEW | 4060467 | 214 | Leeward | Beach Haven Borough | $485,000 | 2 | 1 | 0 | 722 | 2 |
| RES | NEW | 4060483 | 30 | Sand Dune | Long Beach Twp | $549,999 | 4 | 1 | 1 | 924 | 1 |
| RES | NEW | 4060243 | 7 E | 16th | Barnegat Light | $625,000 | 2 | 2 | 0 | 816 | 7 |
| RES | NEW | 4060399 | 2504 | Central | Barnegat Light | $639,000 | 4 | 2 | 0 | 1,660 | 5 |
| MUL | NEW | 4058556 | 19 | 19th | Long Beach Twp | $699,000 | 0 | 0 | 0 | 1,900 | 3 |
| MUL | NEW | 4060431 | 104 | Osborn | Long Beach Twp | $749,000 | 0 | 0 | 0 | 1,584 | 3 |
| LND | NEW | 4060499 | 10-B | Long Beach | Long Beach Twp | $785,000 | 0 | 0 | 0 | 0 | 51 |
| LND | NEW | 4060340 | 108 | 30th | Ship Bottom | $824,900 | 0 | 0 | 0 | 1,656 | 9 |
| LND | NEW | 4060380 | 416 | Nelson | Beach Haven Borough | $850,000 | 0 | 0 | 0 | 0 | 5 |
| RES | NEW | 4060378 | 1705 | Long Beach | Long Beach Twp | $869,000 | 4 | 2 | 1 | 2,000 | 0 |
| COM | NEW | 4060432 | 1709 | Long Beach | Surf City | $869,900 | 0 | 0 | 0 | 0 | 3 |
| RES | NEW | 4060246 | 13107 | Bayview | Long Beach Twp | $879,000 | 4 | 1 | 1 | 1,635 | 4 |
| RES | NEW | 4060366 | 34 | 36th | Long Beach Twp | $895,000 | 4 | 2 | 0 | 2,064 | 6 |
| RES | NEW | 4060466 | 338 | 4th | Ship Bottom | $899,000 | 4 | 2 | 0 | 2,200 | 2 |
| RES | NEW | 4060097 | 101 | Starr | Long Beach Twp | $899,000 | 4 | 2 | 1 | 2,300 | 4 |
| RES | NEW | 4060354 | 21 | Hobart | Long Beach Twp | $919,900 | 4 | 2 | 0 | 1,800 | 6 |
| RES | NEW | 4060344 | 8601 | Jamaica | Harvey Cedars | $949,000 | 3 | 2 | 0 | 1,500 | 7 |
| LND | NEW | 4060341 | 8601 | Jamaica | Harvey Cedars | $949,000 | 0 | 0 | 1,500 | 7 | |
| RES | NEW | 4060421 | 6 | 8th | Barnegat Light | $974,999 | 4 | 3 | 0 | 1,350 | 4 |
| RES | NEW | 4060377 | 103 | Lillie | Long Beach Twp | $999,000 | 4 | 3 | 1 | 1,654 | 3 |
| RES | NEW | 4060298 | 2 | 13th | Barnegat Light | $1,050,000 | 4 | 4 | 0 | 2,394 | 6 |
| RES | NEW | 4058840 | 48 | Long Beach | Long Beach Twp | $1,290,000 | 5 | 3 | 1 | 2,100 | 3 |
| RES | NEW | 4060415 | 110 | Amber | Beach Haven Borough | $1,299,000 | 8 | 2 | 3 | 3,181 | 3 |
| RES | NEW | 4060376 | 29 | 45th | Long Beach Twp | $1,369,000 | 4 | 3 | 1 | 2,500 | 3 |
| RES | NEW | 4060382 | 463 | Schoderer | Surf City | $1,699,000 | 4 | 2 | 1 | 2,753 | 5 |
| RES | NEW | 4060501 | 2101 | Ocean | Ship Bottom | $1,995,000 | 4 | 3 | 0 | 2,172 | 0 |
| RES | NEW | 4060357 | 92 | Panorama | Long Beach Twp | $2,225,000 | 5 | 4 | 0 | 3,204 | 6 |
| RES | NEW | 4060349 | 6807 | Kent | Harvey Cedars | $2,300,000 | 5 | 4 | 1 | 3,840 | 6 |
| RES | BOM | 4056831 | 7 | Carolina | Long Beach Twp | $499,000 | 2 | 1 | 1 | 672 | 86 |
| RES | BOM | 4037705 | 10-F | Long Beach | Long Beach Twp | $2,995,000 | 6 | 3 | 0 | 3,060 | 396 |
| RES | BOM | 4051845 | 6301 | Bayview Ave. | Long Beach Twp | $2,995,000 | 6 | 6 | 2 | 6,000 | 190 |
| RES | BOM | 4037706 | 10-B-F | Long Beach Boulevard | Long Beach Twp | $5,995,000 | 6 | 3 | 0 | 3,060 | 396 |
| COM | DOWN | 4056553 | 1905 | Bayview | Barnegat Light | $449,000 | 0 | 0 | 0 | 0 | 114 |
| RES | DOWN | 4055390 | 1405 | Long Beach | Long Beach Twp | $649,000 | 3 | 1 | 1 | 840 | 121 |
| RES | DOWN | 4058263 | 3 | 24TH | Barnegat Light | $725,000 | 5 | 2 | 0 | 1,800 | 70 |
| RES | DOWN | 4058940 | 1916 | Bay | Ship Bottom | $729,000 | 4 | 2 | 0 | 1,700 | 27 |
| MUL | DOWN | 4058938 | 1916 | Bay | Ship Bottom | $729,000 | 0 | 0 | 0 | 1,700 | 27 |
| RES | DOWN | 4049623 | 166 | Long Beach | Long Beach Twp | $1,049,000 | 5 | 2 | 2 | 2,200 | 118 |
| RES | DOWN | 4055037 | 12 | Idaho | Long Beach Twp | $1,049,000 | 5 | 4 | 0 | 2,200 | 135 |
| RES | DOWN | 4051408 | 1819 | Barnegat | Ship Bottom | $1,049,999 | 4 | 3 | 1 | 2,000 | 114 |
| RES | DOWN | 4055034 | 40 | Jeanette | Long Beach Twp | $1,099,000 | 4 | 2 | 1 | 2,276 | 137 |
| RES | DOWN | 4056875 | 706 | Bay | Beach Haven Borough | $1,395,000 | 5 | 3 | 1 | 2,500 | 50 |
| RES | DOWN | 4053780 | 153C | Long Beach Boulevard | Long Beach Twp | $1,695,000 | 5 | 3 | 1 | 3,127 | 149 |
| RES | DOWN | 4053888 | 609 | Atlantic | Beach Haven Borough | $1,749,000 | 4 | 3 | 0 | 1,894 | 142 |
| RES | DOWN | 4060229 | 13 | Auburn | Long Beach Twp | $1,775,000 | 6 | 5 | 2 | 5,000 | 9 |
| RES | DOWN | 4051895 | 402 | Jefferis | Beach Haven Borough | $1,990,000 | 6 | 4 | 2 | 4,244 | 188 |
| RES | DOWN | 4048123 | 2100 | West | Beach Haven Borough | $3,200,000 | 6 | 4 | 2 | 4,244 | 265 |
| RES | DOWN | 4053063 | 1029-C | Long Beach Blvd | Long Beach Twp | $3,950,000 | 5 | 4 | 2 | 3,858 | 178 |
| RES | UP | 4060500 | 5 | Harrington | Long Beach Twp | $799,900 | 5 | 2 | 1 | 2,500 | 0 |
| RES | K | 4058512 | 214 | Leeward | Beach Haven Borough | $410,000 | 2 | 1 | 0 | 684 | 54 |
| RES | K | 4060231 | 210 | 6th | Beach Haven Borough | $989,000 | 5 | 2 | 0 | 1,700 | 12 |
| MUL | K | 4058243 | 204 | 19th | Long Beach Twp | $995,000 | 0 | 0 | 1,008 | 71 | |
| RES | K | 4058935 | 131 | 18th | Ship Bottom | $1,329,000 | 4 | 3 | 1 | 2,288 | 23 |
| RES | P | 4028337 | 12 | 78th Unit 2 | Harvey Cedars | $79,900 | 3 | 1 | 1 | 1,000 | 589 |
| RES | P | 4058809 | 113 | 24th St C9 | Ship Bottom | $492,000 | 2 | 2 | 1 | 1,392 | 28 |
| RES | P | 4058882 | 294 | 11th | Surf City | $569,000 | 3 | 1 | 1 | 1,152 | 26 |
| RES | P | 4060180 | 358 | 3rd | Surf City | $574,999 | 4 | 1 | 1 | 1,315 | 12 |
| MUL | P | 4051667 | 26 | Oceanview | Long Beach Twp | $599,900 | 0 | 0 | 0 | 1,294 | 192 |
| RES | P | 4053621 | 327 | Engleside | Beach Haven Borough | $649,000 | 3 | 2 | 1 | 1,500 | 152 |
| RES | P | 4058817 | 3 | Idaho | Long Beach Twp | $1,120,000 | 6 | 3 | 2 | 3,527 | 26 |
| LND | W | 4058245 | 204 | 19th | Long Beach Twp | $995,000 | 0 | 0 | 0 | 3,999 | 70 |
| LND | W | 4043243 | 416 | Nelson | Beach Haven Borough | $999,000 | 0 | 0 | 0 | 13,696 | 372 |
| RES | W | 4043357 | 416 | Nelson | Beach Haven Borough | $999,000 | 3 | 2 | 0 | 1,500 | 368 |
| COM | V | 4047505 | 1901 | long beach | Surf City | $225,000 | 0 | 0 | 0 | 0 | 287 |
| LND | V | 4049258 | 10-C | Long Beach | Long Beach Twp | $875,000 | 0 | 0 | 0 | 0 | 214 |
| RES | V | 4053568 | 115 | Pearl | Beach Haven Borough | $1,849,000 | 8 | 4 | 1 | 3,429 | 157 |
| RES | V | 4055269 | 215 | 14th | Long Beach Twp | $2,950,000 | 7 | 4 | 3 | 4,140 | 118 |
| MUL | V | 4055271 | 215 | 14th | Long Beach Twp | $2,950,000 | 0 | 0 | 0 | 4,140 | 111 |
| RES | V | 4037707 | 10-E & F | Long Beach Boulevard | Long Beach Twp | $3,899,000 | 6 | 3 | 0 | 3,060 | 396 |
| LND | C | 4043420 | 319 | Liberty | Beach Haven Borough | $585,000 | 0 | 0 | 0 | 0 | 0 |
| RES | C | 4056937 | 3 | Lagoon | Long Beach Twp | $1,280,000 | 8 | 6 | 0 | 4,431 | 33 |
| RES | C | 4050161 | 20 | 7th | Beach Haven Borough | $1,410,000 | 4 | 2 | 2 | 1,528 | 120 |
| RES | C | 4049600 | 22 | Virginia | Long Beach Twp | $1,425,000 | 5 | 4 | 1 | 3,018 | 186 |
| RES | C | 4055479 | 1048 | Long Beach | Long Beach Twp | $1,475,000 | 6 | 3 | 1 | 3,905 | 49 |
| RES | C | 4053834 | 8 | Burlington | Harvey Cedars | $2,300,000 | 6 | 5 | 1 | 3,000 | 50 |
| RES | C | 4055126 | 6808 | Suffolk | Harvey Cedars | $2,700,000 | 5 | 3 | 1 | 5,136 | 21 |
LBI New Jersey Real Estate Sales Analysis
| Status: Active (52) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 1 | 392 | $429,000 | $319.96 | – | ||
| Max | 8 | 6 | 6,000 | $5,995,000 | $1,959.15 | – | 396 |
| Avg | 4 | 2 | 2,228 | $1,296,952 | $603.81 | – | 59 |
| Median | 4 | 2 | 2,032 | $934,450 | $531.31 | . | 6 |
| Sum | . | . | . | $67,441,497 | |||
| Status: Contract-Show (4) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 2 | 684 | $410,000 | $580.86 | – | 12 | |
| Max | 5 | 3 | 2,288 | $1,329,000 | $987.10 | – | 71 |
| Avg | 4 | 2 | 1,420 | $930,750 | $687.29 | – | 40 |
| Median | 4 | 2 | 1,354 | $992,000 | $590.59 | . | 38 |
| Sum | $3,723,000 | ||||||
| Status: Under Contract (7) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 2 | 1,000 | $79,900 | $79.90 | – | 12 | |
| Max | 6 | 3 | 3,527 | $1,120,000 | $493.92 | – | 589 |
| Avg | 4 | 2 | 1,597 | $583,543 | $368.34 | – | 146 |
| Median | 3 | 1 | 1,315 | $574,999 | $432.67 | . | 28 |
| Sum | . | . | . | $4,084,799 | |||
| Status: Withdrawn (3) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 3 | 1,500 | $995,000 | $72.94 | – | 70 | |
| Max | 3 | 2 | 13,696 | $999,000 | $666.00 | – | 372 |
| Avg | 3 | 1 | 6,398 | $997,667 | $329.25 | – | 270 |
| Median | 3 | 3,999 | $999,000 | $248.81 | . | 368 | |
| Sum | . | . | . | $2,993,000 | |||
| Status: Cond Withdrawn (6) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 6 | 3,060 | $225,000 | $539.22 | – | 111 | |
| Max | 8 | 4 | 4,140 | $3,899,000 | $1,274.18 | – | 396 |
| Avg | 7 | 2 | 3,692 | $2,124,667 | $809.63 | – | 214 |
| Median | 7 | 2 | 3,784 | $2,399,500 | $712.56 | . | 185 |
| Sum | . | . | . | $12,748,000 | |||
| Status: Closed (7) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 4 | 1,528 | $585,000 | $288.87 | 89.06% | ||
| Max | 8 | 6 | 5,136 | $2,899,000 | $922.77 | 100% | 186 |
| Avg | 6 | 3 | 3,503 | $1,704,857 | $558.98 | 94.14% | 66 |
| Median | 5 | 3 | 3,461 | $1,575,000 | $498.94 | . | 49 |
| Sum | . | . | . | $11,933,998 | |||
| Status: All (79) | |||||||
| Beds | Baths | Sq Ft Total | List Price | RATIO Current Price By SQFT | RATIO Close Price By List Price | DOM | |
| Min | 1 | 392 | $79,900 | $72.94 | 89.06% | ||
| Max | 8 | 6 | 13,696 | $5,995,000 | $1,959.15 | 100% | 589 |
| Avg | 4 | 2 | 2,483 | $1,302,839 | $581.81 | 94.14% | 86 |
| Median | 4 | 2 | 2,082 | $989,000 | $525.35 | . | 27 |
| Sum | . | . | . | $102,924,294 |
This week reversed the pattern of a lower than average sales price. For the past couple of week the average price of a sale was under $1,000,000. This week it jumped to just shy of $1,600,000. It is also important to note that there were no extraordinary high priced closings that drove the average up. Overall market activity was steady which is good news for buyers and sellers on LBI! For more information about buying, selling or investment in the Long Beach Island real estate market or about Long Beach Island Real Estate Weekly Sales Update 2/3/2019-2/10/2019 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
More LBI Real Estate Information:
LBI Real Estate Sold and Expired Listings
Understanding All-Cash Offers in the LBI Real Estate Market
Home Inspection Negotiation in the LBI Real Estate Market