Harvey Cedars Real Estate Market Report — 2022
- Nathan Colmer
- 12 hours ago
- 3 min read
LBI Real Estate Market Overview
In 2022, Long Beach Island continued to see record-low inventory and strong competition for high‑quality homes. Rising construction costs and limited buildable land further cemented the value of existing homes, especially in locations like Harvey Cedars and the Harvey Cedars real estate market.
Harvey Cedars Real Estate Statistics — 2022
Number of sales: 32
Average sale price: $2,073,543
Median sale price: $2,050,000
Average PPSF: $1,709/SqFt
Median PPSF: $1,688/SqFt
6808 Suffolk Pl | Harvey Cedars | 1/7/2022 | $3,499,999.00 | $3,200,000 | $801.20 |
2 E 70th St | Harvey Cedars | 2/9/2022 | $2,795,000.00 | $2,700,000 | $900.00 |
3 Olsen Ave | Harvey Cedars | 2/14/2022 | $1,099,000.00 | $1,087,500 | $964.10 |
8 E 77th St | Harvey Cedars | 2/16/2022 | $1,865,000.00 | $1,850,000 | $814.26 |
8602 Sandpiper Ln | Harvey Cedars | 3/21/2022 | $1,299,000.00 | $1,300,000 | $806.45 |
11 E 74th St #3 | Harvey Cedars | 3/25/2022 | $119,000.00 | $110,000 | $55.61 |
5403 Long Beach Blvd | Harvey Cedars | 4/7/2022 | $1,749,000.00 | $1,810,000 | $793.51 |
3 E 78th St | Harvey Cedars | 5/4/2022 | $1,699,999.00 | $1,475,000 | $670.45 |
10 E Lee Ave | Harvey Cedars | 5/9/2022 | $1,800,000.00 | $2,155,000 | $2,553.32 |
9 Olsen Ave | Harvey Cedars | 5/13/2022 | $1,049,000.00 | $995,000 | $901.27 |
18 Buckingham Ave | Harvey Cedars | 5/25/2022 | $1,895,000.00 | $1,825,000 | $790.04 |
8 E 81st St | Harvey Cedars | 6/3/2022 | $2,249,000.00 | $2,270,881 | $876.11 |
6003 Long Beach Blvd | Harvey Cedars | 6/8/2022 | $1,550,000.00 | $1,750,000 | $688.71 |
8001 Bay Ter | Harvey Cedars | 6/15/2022 | $1,895,000.00 | $2,125,000 | $859.63 |
6501 Holly Ave | Harvey Cedars | 7/14/2022 | $1,799,000.00 | $1,800,000 | $794.00 |
8003 Bay Terrace | Harvey Cedars | 7/18/2022 | $2,395,000.00 | $2,500,000 | $1,000.00 |
80 Maiden Lane | Harvey Cedars | 7/22/2022 | $3,499,000.00 | $3,550,000 | $1,092.64 |
5 W Essex Ave | Harvey Cedars | 7/25/2022 | $2,700,000.00 | $2,450,000 | $875.00 |
8204 Bay Ter | Harvey Cedars | 7/28/2022 | $1,995,000.00 | $1,900,000 | $1,151.52 |
8004 - C Anchor Ln | Harvey Cedars | 7/29/2022 | $1,299,000.00 | $1,350,000 | $1,687.50 |
9-B West Bergen Ave | Harvey Cedars | 8/9/2022 | $2,500,000.00 | $2,000,000 | $775.19 |
5617 Holly Avenue | Harvey Cedars | 10/3/2022 | $1,895,000.00 | $1,725,000 | $842.29 |
3 E Atlantic Ave | Harvey Cedars | 10/3/2022 | $2,700,000.00 | $2,850,000 | $1,140.00 |
6801 Norfolk Pl | Harvey Cedars | 10/14/2022 | $2,100,000.00 | $2,205,000 | $700.00 |
12 East Middlesex Ave | Harvey Cedars | 10/14/2022 | $3,695,000.00 | $3,600,000 | $1,062.57 |
7-A W 82nd St | Harvey Cedars | 10/25/2022 | $1,799,000.00 | $1,690,000 | $862.69 |
64 W 80th St | Harvey Cedars | 10/27/2022 | $895,000.00 | $875,000 | $887.42 |
9 E 86th St | Harvey Cedars | 10/28/2022 | $3,200,000.00 | $3,100,000 | $1,050.14 |
14 E Gloucester Ave | Harvey Cedars | 10/31/2022 | $3,349,000.00 | $3,210,000 | $1,151.78 |
6805 Kent Pl | Harvey Cedars | 11/21/2022 | $2,395,000.00 | $2,395,000 | $926.86 |
5 E 85th St | Harvey Cedars | 11/23/2022 | $2,599,000.00 | $2,400,000 | $963.47 |
8004 Bay Ter | Harvey Cedars | 12/6/2022 | $2,450,000.00 | $2,100,000 | $942.55 |
Harvey Cedars Real Estate Market Analysis
2022 saw Harvey Cedars real estate firmly enter the luxury tier of the LBI market. Many transactions involved newer construction or high‑end renovations, which significantly raised the year’s average PPSF. Homes close to the ocean and bay commanded premium prices.
Demand remained exceptionally high, and even mid‑range homes saw notable appreciation. The borough’s limited turnover meant that new listings were met with immediate interest.
Long Beach Island NJ Real Estate Market
Harvey Cedars closed 2022 as one of the highest‑performing areas on LBI, with powerful pricing metrics and unprecedented interest in upscale coastal living.
If you're looking to buy, sell, or invest in the LBI real estate market, I bring decades of local experience and market knowledge to every transaction. I'm Nathan Colmer, a Long Beach Island real estate agent with more than 20 years of experience helping clients successfully navigate the island's unique real estate landscape, with a particular focus on second homes and investment properties.
In addition to representing buyers and sellers, I actively invest in LBI real estate, allowing me to offer practical, firsthand insight into market trends, rental potential, and long-term value. Whether you're searching for a vacation home, evaluating an investment opportunity, or preparing to sell, I provide personalized strategies and trusted guidance to help you achieve your goals.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
