Beach Haven Terrace Real Estate Market Report – 2024
- Nathan Colmer
- 9 hours ago
- 3 min read
The LBI Real Estate Market in 2024 and Beach Haven Terrace Real Estate Sales
The Long Beach Island (LBI) real estate market in 2024 continued to show remarkable strength, with buyers prioritizing coastal lifestyle, renovated homes, and desirable neighborhood locations. Throughout LBI, limited inventory and consistent demand helped maintain firm pricing, especially in sought‑after communities. Beach Haven Terrace, with its central position in Long Beach Township and balance of residential character and beach accessibility, reflected this trend with a year marked by high price density and strong upper‑tier sales performance.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Beach Haven Terrace Real Estate — 2024 Market Statistics
Total Number of Sales in Beach Haven Terrace
Beach Haven Terrace recorded 8 closed residential transactions in 2024. Though the number of sales was modest, it mirrors the low‑inventory environment seen throughout LBI and underscores how tightly held properties are in this specific neighborhood.
Average & Median Sales Price in Beach Haven Terrace
The 2024 sales show a clear premium for Beach Haven Terrace homes:
Average sale price: $1,747,125
Median sale price: $1,975,000
The higher median sale price indicates that most homes sold toward the upper end of the available price spectrum, with only a small portion of lower‑priced properties pulling the average downward.
Price Per Square Foot in Beach Haven Terrace
Price per square foot (PPSF) offers a deeper perspective on property valuation in Beach Haven Terrace and across LBI real estate markets.
In 2024, the neighborhood recorded:
Average PPSF: $1,048/SqFt
Median PPSF: $1,048/SqFt
Crossing the $1,000/SqFt threshold places Beach Haven Terrace among LBI’s stronger‑performing sectors and highlights the demand for updated homes, beach‑proximate locations, and modern construction.
2024 Market Interpretation in Beach Haven Terrace
Several themes defined the Beach Haven Terrace real estate landscape in 2024:
1. Price Strength Driven by Quality & Location
Homes offering renovated interiors, modern layouts, or superior proximity to the beach and bay commanded notably strong valuations.
2. Concentration in the Upper Market
With the median sale price near $2M and PPSF above $1,000, the neighborhood demonstrated a clear tilt toward higher‑end purchases.
3. Inventory Scarcity Supporting Pricing
Only eight homes traded hands throughout the year, emphasizing a limited supply environment. Low turnover helped maintain firm prices and contributed to efficient market performance.
Beach Haven Terrace Real Estate and the Long Beach Island NJ Real Estate Sales Market
In 2024, Beach Haven Terrace showed continued resilience and strength within the broader Long Beach Island real estate market. Elevated pricing, strong per‑foot valuations, and steady upper‑tier activity defined the year’s performance. Even with low inventory, demand remained consistent, reinforcing Beach Haven Terrace as one of LBI’s most desirable and stable neighborhoods for long‑term property value.
If you're buying, selling, or investing in the LBI real estate market, I offer the local expertise and strategic guidance needed to succeed. I'm Nathan Colmer, a Long Beach Island real estate agent with over 20 years of experience helping clients navigate the island's highly specialized market, particularly with second homes and investment properties.
As an active investor in LBI real estate, I provide firsthand insight into ownership, rental potential, and long-term value. Whether you're searching for a vacation home or preparing to sell, I deliver personalized strategies and trusted local knowledge to help you move forward with confidence.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
