Beach Haven Crest Real Estate Market Report 2023 (LBI)
- Nathan Colmer
- 20 hours ago
- 3 min read
Understanding the LBI Real Estate Market in 2023
Long Beach Island continued to show remarkable strength throughout 2023, marked by low inventory, high buyer demand, and sustained interest in updated or newly built coastal homes. Across LBI, ocean‑adjacent neighborhoods like Beach Haven Crest remained especially competitive, benefiting from their central location, strong rental potential, and highly desirable residential character. While the island as a whole experienced stable pricing, it was the select pockets of premium, well‑maintained homes that drove much of the market momentum.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Beach Haven Crest 2023: Key Market Statistics
Based on the recorded transactions for the year:
Number of closed sales: 7
Total sales volume: $15,710,000
Average sale price: $2,244,286
Median sale price: $1,600,000
Average list‑to‑close ratio: 95.57%
Average finished square footage: Approximately 2,579 sq. ft.
Weighted average price per square foot: $870/sq. ft.
Simple average price per square foot: ~$819/sq. ft.
Median price per square foot: ~$748/sq. ft.
Noteworthy 2023 Transactions in the Beach Haven Crest NJ Real Estate Market on LBI
Highest recorded sale: 107 E Jeanette closed at $4,650,000
Highest price per square foot: 109 E Surf Ave at approximately $1,090.91/sq. ft.
Interpreting the 2023 Long Beach Island New Jersey Real Estate Market
With only seven total closings, Beach Haven Crest saw a relatively light but impactful year—one that highlighted the premium nature of this small coastal pocket. A high average sale price over $2.2M and a strong weighted $/SF near $870 reinforce its standing as a desirable, centrally located Long Beach Township neighborhood. While buyers negotiated modestly below asking prices on average, move‑in‑ready homes and high‑quality structures continued to command extremely strong numbers.
Beach Haven Crest NJ Real Estate Market Summary for 2023
The overall performance of Beach Haven Crest in 2023 showcased an established and stable segment of the LBI real estate market. Limited inventory kept pricing elevated, and standout properties pushed the neighborhood’s value benchmarks higher. With strong $/SF performance and a mix of classic homes and modern construction, Beach Haven Crest remained one of LBI’s consistently high‑demand communities.
If you are looking to buy, sell, or invest in the LBI real estate market, contact me, Nathan Colmer, for expert guidance backed by years of local experience, deep market insight, and a proven track record in helping clients navigate LBI's unique market. My experience extends over 20 years of selling homes on Long Beach Island, with a special focus on second homes and investment properties. In addition to representing buyers and sellers, I personally invest in the LBI real estate market and can share my firsthand knowledge of this investment strategy. Whether you are searching for a vacation home, planning a wise investment, or ready to list your property, I can offer you personalized strategies and unmatched knowledge to help you succeed.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
