Harvey Cedars Real Estate Market Report — 2019
- Nathan Colmer
- 12 hours ago
- 3 min read
LBI Market Overview
Throughout 2019, the LBI real estate market continued its upward trajectory. The island saw increasing demand for updated homes, larger family properties, and houses offering strong rental potential. With limited development opportunities island‑wide, buyers grew increasingly willing to invest premium prices for well‑located homes. Harvey Cedars, with its peaceful streets and blend of old and new construction, had another steady year.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Harvey Cedars Real Estate Statistics — 2019
Number of sales: 37
Average sale price: $1,203,203
Median sale price: $1,028,000
Average & Median PPSF: $642/SqFt
11 E Mercer Ave #10 | Harvey Cedars | 1/11/2019 | $129,900.00 | $122,000 | $50.83 |
6201 Long Beach Blvd | Harvey Cedars | 2/1/2019 | $968,000.00 | $953,000 | $456.42 |
6808 Suffolk Pl | Harvey Cedars | 2/7/2019 | $2,899,000.00 | $2,700,000 | $525.70 |
8 E Burlington Ave | Harvey Cedars | 2/8/2019 | $2,399,999.00 | $2,300,000 | $766.67 |
12 W 78th St | Harvey Cedars | 3/8/2019 | $79,900.00 | $78,000 | $78.00 |
8 68th St | Harvey Cedars | 3/22/2019 | $1,650,000.00 | $1,650,000 | $634.62 |
8601 Jamaica Ln | Harvey Cedars | 3/28/2019 | $949,000.00 | $850,000 | $566.67 |
8 Gloucester Ave | Harvey Cedars | 4/12/2019 | $2,149,000.00 | $2,060,000 | $824.00 |
3 Warwick Ave | Harvey Cedars | 4/18/2019 | $895,000.00 | $925,000 | $578.13 |
8 E 73rd St | Harvey Cedars | 4/19/2019 | $2,100,000.00 | $2,040,000 | $816.00 |
6309 C Long Beach Blvd | Harvey Cedars | 5/10/2019 | $974,800.00 | $915,000 | $538.24 |
12 E 77th St | Harvey Cedars | 5/13/2019 | $1,349,000.00 | $1,225,000 | $564.52 |
18 Lange Ave | Harvey Cedars | 5/24/2019 | $1,100,000.00 | $987,000 | $379.03 |
53 Cedars Ave | Harvey Cedars | 6/14/2019 | $1,349,000.00 | $1,300,000 | $619.05 |
25 Barnegat Ave | Harvey Cedars | 6/20/2019 | $1,797,000.00 | $1,750,000 | $614.04 |
6807 Kent Pl | Harvey Cedars | 6/28/2019 | $2,300,000.00 | $2,050,000 | $533.85 |
6305e Long Beach Blvd | Harvey Cedars | 6/29/2019 | $1,195,000.00 | $1,165,000 | $506.52 |
13 Buckingham Ave | Harvey Cedars | 7/1/2019 | $1,949,000.00 | $1,825,000 | $459.12 |
20 E 80th St | Harvey Cedars | 7/17/2019 | $598,000.00 | $530,000 | $459.27 |
9 W Cumberland Ave | Harvey Cedars | 8/8/2019 | $2,645,000.00 | $2,250,000 | $894.63 |
8207 Bay Ter | Harvey Cedars | 8/14/2019 | $1,085,000.00 | $1,028,000 | $539.63 |
15 W 83rd St | Harvey Cedars | 8/16/2019 | $599,000.00 | $520,000 | $385.19 |
1 75th | Harvey Cedars | 8/23/2019 | $574,900.00 | $525,000 | $585.94 |
14 Buckingham Ave | Harvey Cedars | 9/19/2019 | $879,000.00 | $850,000 | $517.66 |
68 W 80th St | Harvey Cedars | 9/19/2019 | $970,000.00 | $950,000 | $618.89 |
5 E 86th St | 9/20/2019 | $1,895,000.00 | $1,849,000 | $739.60 | |
9 E Bergen Ave #B | Harvey Cedars | 10/4/2019 | $975,000.00 | $970,000 | $754.28 |
7 E Atlantic E | Harvey Cedars | 10/11/2019 | $1,399,000.00 | $1,337,500 | $475.64 |
13 W 79th St | Harvey Cedars | 10/25/2019 | $699,999.00 | $650,000 | $698.17 |
5508 Holly Ave | Harvey Cedars | 11/1/2019 | $1,395,000.00 | $1,250,000 | $540.66 |
11 E Mercer Ave #2 | Harvey Cedars | 11/13/2019 | $129,900.00 | $125,000 | $52.08 |
17 E 76th St #6 | Harvey Cedars | 11/15/2019 | $139,000.00 | $139,000 | $139.00 |
6 Gloucester Ave | Harvey Cedars | 11/18/2019 | $1,295,000.00 | $1,250,000 | $616.98 |
2 W Bergen Ave | Harvey Cedars | 12/6/2019 | $599,000.00 | $575,000 | $575.00 |
5419-E Long Beach Blvd | Harvey Cedars | 12/13/2019 | $2,450,000.00 | $2,300,000 | $743.37 |
6103 Long Beach Blvd | Harvey Cedars | 12/18/2019 | $1,790,000.00 | $1,700,000 | $531.25 |
2 W 82nd St | Harvey Cedars | 12/20/2019 | $899,000.00 | $825,000 | $458.59 |
Harvey Cedars Market Analysis
Compared to the year prior, 2019 experienced slightly fewer overall transactions, signaling a tightening of inventory. Despite the lower volume, the average sale price remained strong, supported by consistent buyer interest. Harvey Cedars real estate market appeal to families seeking quieter locations was particularly evident this year, with many mid‑sized homes trading hands at competitive prices.
PPSF values stayed steady, reflecting stable demand across multiple property types. Larger homes with updated features were particularly attractive to buyers seeking a low‑maintenance second home near the ocean.
Long Beach Island Real Estate
Harvey Cedars ended 2019 as a stable and reliable component of the LBI real estate landscape. Price consistency and steady demand positioned the borough well heading into a period of unprecedented market acceleration.
If your goal is to buy, sell, or invest wisely in the LBI real estate market, experience and local insight are essential. I'm Nathan Colmer, a Long Beach Island real estate agent with more than two decades of experience selling homes on the island, with a specialized focus on investment properties and second homes.
Because I personally invest in LBI real estate, I understand the financial considerations, risks, and opportunities unique to this market. From evaluating rental performance to identifying long-term value, I help clients develop clear, strategic plans—whether they're purchasing a vacation rental, expanding an investment portfolio, or positioning a property for sale.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
