Harvey Cedars Real Estate Market Report — 2024
- Nathan Colmer
- 12 hours ago
- 3 min read
LBI Market Overview
In 2024, LBI real estate and the Harvey Cedars real estate market solidified its status as one of the strongest coastal markets on the East Coast. High buyer demand, limited new construction, and continued interest in larger luxury homes—all contributed to another strong 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 — 2024
Number of sales: 26
Average sale price: $2,408,795
Median sale price: $2,180,000
Average PPSF: $994/SqFt
Median PPSF: $851/SqFt
7 E 77th St | Harvey Cedars | 1/10/2024 | $1,499,900.00 | $1,625,777 | $1,086.75 |
12 E 78th St #2 | Harvey Cedars | 1/23/2024 | $149,999.00 | $142,500 | $142.50 |
16 E 85th St | Harvey Cedars | 2/6/2024 | $3,895,000.00 | $3,555,000 | $1,287.11 |
3 Olsen Ave | Harvey Cedars | 2/20/2024 | $2,649,999.00 | $2,630,000 | $1,037.48 |
14 W 74th St | Harvey Cedars | 2/22/2024 | $2,997,500.00 | $3,100,000 | $1,185.02 |
14 E 81st St | Harvey Cedars | 4/9/2024 | $2,295,000.00 | $2,050,000 | $1,138.89 |
8005 Bay Ter | Harvey Cedars | 4/29/2024 | $1,775,000.00 | $1,875,000 | $1,053.37 |
5614 Holly Ave | Harvey Cedars | 5/3/2024 | $2,799,000.00 | $2,700,000 | $1,126.88 |
1 Hudson Ave | Harvey Cedars | 5/31/2024 | $2,299,000.00 | $2,299,000 | $853.69 |
6513 Harvest Ave | Harvey Cedars | 6/26/2024 | $599,000.00 | $599,000 | $850.85 |
19 Buckingham Ave | Harvey Cedars | 6/28/2024 | $4,395,000.00 | $4,395,000 | $1,098.75 |
14 E 78th St | Harvey Cedars | 7/8/2024 | $4,499,000.00 | $4,300,000 | $1,563.64 |
21 W 83rd St | Harvey Cedars | 8/30/2024 | $3,999,999.00 | $3,800,000 | $1,019.04 |
21 W 85th St | Harvey Cedars | 9/11/2024 | $4,999,000.00 | $4,725,000 | $1,043.51 |
2 E Gloucester Ave | Harvey Cedars | 9/18/2024 | $1,549,000.00 | $1,500,000 | $1,913.27 |
5403 Long Beach Blvd | Harvey Cedars | 10/15/2024 | $1,999,000.00 | $1,960,000 | $859.27 |
8201 Bay Terrace | Harvey Cedars | 10/28/2024 | $1,995,000.00 | $2,061,000 | $1,152.04 |
11 E Mercer Ave #4 | Harvey Cedars | 10/31/2024 | $195,000.00 | $195,000 | $216.67 |
9 Olsen Ave | Harvey Cedars | 11/1/2024 | $1,299,000.00 | $1,225,000 | $1,109.60 |
4 Olsen Ave | Harvey Cedars | 11/8/2024 | $1,689,000.00 | $1,512,400 | $644.12 |
2 Cox Ave | Harvey Cedars | 11/22/2024 | $875,000.00 | $910,000 | $721.08 |
7 James St | Harvey Cedars | 12/6/2024 | $2,595,000.00 | $2,595,000 | $1,021.25 |
11 Passaic Ave | Harvey Cedars | 12/13/2024 | $5,499,000.00 | $5,499,000 | $1,472.68 |
5308-C Long Beach Blvd | Harvey Cedars | 12/20/2024 | $1,450,000.00 | $1,450,000 | $1,285.46 |
5 E 85th St | Harvey Cedars | 12/23/2024 | $2,899,000.00 | $2,775,000 | $1,114.01 |
23 W 83rd St | Harvey Cedars | 12/23/2024 | $3,399,999.00 | $3,150,000 | $974.63 |
Detailed Market Analysis
Harvey Cedars real estate saw a diverse range of sales in 2024, including several large waterfront and oceanblock homes that elevated overall averages. PPSF values remained extremely strong, influenced by high levels of redevelopment and the premium placed on move‑in‑ready luxury homes.
Demand from both in‑state and out‑of‑state buyers stayed high. Many properties sold quickly, and bidding competition persisted for well‑located newer construction.
Buying and Selling in the LBI NJ Real Estate Market
The 2024 Harvey Cedars real estate market reaffirmed the borough’s position as a top performer in LBI real estate. With strong pricing metrics and resilient demand, Harvey Cedars continues to stand out as one of the most sought‑after communities on the island.
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
