Long Beach Island Waterfront Homes With Pools

Long Beach Island Waterfront Homes With Pools

LBI Real Estate Waterfront Homes With Pools

LBI New Jersey Real Estate

The LBI real estate market has a many different locations and property types. Of all the locations waterfront homes are usually the most expensive and waterfront homes with a pool the most expensive of the entire market! Keeping that in mind, understanding how Long Beach Island Waterfront Homes With Pools are trading offers excellent insight into the overall 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

Long Beach Island Waterfront Homes With Pools

Below is a breakdown of all waterfront homes with a pool that have sold in the LBI real estate market over the past 6 months. This includes oceanfront, bayfront and lagoon front homes in all areas of Long Beach Island.

MLS#Street NumberStreet NameSectionCurrent PriceBeds TotalBaths FullBaths HalfSq Ft TotalDOM
4053367806Bay ClubBeach Haven$835,000 3211,62769
4051707125Auburn RoadHigh Bar Harbor$875,000 4212,00029
404614416Panorama DriveLoveladies$975,000 4211,90082
404581471BayviewLoveladies$2,200,000 5312,61867
40529907207OceanBrant Beach$3,200,000 5513,4000
404344120921stSpray Beach$3,200,000 6514,780221
4043055237OceanaLoveladies$3,200,000 6635,000229
4019666511thBeach Haven$3,200,000 5413,200728
40346935901OceanBrant Beach$3,399,000 6534,15041
404607365-ELong Beach BlvdLoveladies$4,200,000 5414,436138
40430866601OceanBrant Beach$5,400,000 7746,471214

The above shows all sales on the water with a pool, single family homes and detached condos as in the case of 810 Club Lane, over the past 6 months. There is a great difference in price between a bayfront home and an oceanfront home, especially when it comes to new construction. Oceanfront homes trade at a much higher price than a home on the bayfront. Lagoon front homes trade at an even lower price as they will often lack the view that an oceanfront or bayfront home has to offer.

With regards to rental income the oceanfront homes will be the best by far. I have a client to whom I sold an oceanfront in Beach Haven, 6 bedrooms with a pool, and they are renting for $22,000/ week. Bayfront and lagoon front homes will rent as well but they will lag behind their oceanfront counterparts. That said, the entry cost and carry costs will be far lower on the bayfront or lagoon front so the math can be made to work in any location.

Long Beach Island Waterfront Market Statistics

Status: Closed (11)
BedsBathsSq Ft TotalList PriceRATIO Current Price By SQFTRATIO Close Price By List PriceDOM
Min321,627$875,000 $437.50 88.18%
Max776,471$5,995,000 ######98.58%728
Avg543,598$3,016,818 $741.38 93.52%165
Median543,400$3,495,000 $819.04 .82
Sum...$33,185,000 ...

Overall market activity has been strong in the LBI real estate market. For more information about Long Beach Island Waterfront Homes With Pools or about buying and selling in the LBI real estate market 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

www.BuyLBI.com

Click here to search all homes for sale in the Long Beach Island NJ real estate market

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