LBI NJ Real Estate Information for Single Family Homes Between $500,000 and $750,000 on Long Beach Island New Jersey
Single Family Homes on Long Beach Island Between $500,000 and $750,000Nathan 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
The LBI NJ Real Estate Market
The real estate market on Long Beach Island is comprised of many different types of homes in a variety of price ranges. For some, a small condominium and an affordable price tag is all that is needed for a summer vacation to LBI. Others prefer the majesty of a large oceanfront house on a private lane. Of course with the different property types come different price ranges (the condo shopper mentioned above will probably spend about $300,000 where as the oceanfront buyer will spend $3,000,000!). A very active area of the LBI real estate market deals with Single Family Homes on Long Beach Island Between $500,000 and $750,000. You can click here to search all single family homes on Long Beach Island priced between $500,000 and $750,000.
Single Family Homes on Long Beach Island Between $500,000 and $750,000
- Between June 1st 2013 and December 1st of 2013 sales of Single Family Homes on Long Beach Island Between $500,000 and $750,000 are broken down as follows:
- 59 single family homes sold on LBI between $500,000 and $750,000
- On average these homes sold for 94.9% of their listing price and spent 99 days on the market
- The average price per square foot of single family homes on LBI between $500,000 and $750,000 was $421/ sq. foot
It is interesting to see that homes in this particular price range sold in less time than the average time a home spends on the market on Long Beach Island (about 130-150 days). The style of the homes that sold vary with some storm damaged homes being sold for land value only, some nice raised ranches with 3 bedrooms and 2 bathrooms, a variety of Cape Cod style homes that have been renovated and even some homes built as new as 2006 and 2012! Below is an example of a Single Family Home on Long Beach Island that sold between $500,000 and $750,000:
3 E Herbert Beach Haven Park5 bedrooms, 3.5 bathrooms, 2,400 sq feet
$699,999
Buying Single Family Homes on Long Beach Island Between $500,000 and $750,000
When looking to invest in the Long Beach Island real estate market on LBI, it is important to understand your budget and find that house that best fits what you are looking for. As I mentioned above, sometimes the most expensive or the largest house is not the best house for you. I encounter many situations where I advise buyers to look at lower priced houses as they will often fit all the points on their “wish list” but me more affordable and reduce any worry about making monthly mortgage payments. You can click here to search all single family homes on Long Beach Island priced between $500,000 and $750,000.
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
Related LBI Real Estate Articles
- Affordable Condos in the LBI NJ Real Estate Market
- Affordable Single Family Homes in the LBI NJ Real Estate Market
- Oceanblock Homes on Long Beach Island NJ
- Changes to Long Beach Island New Jersey