Holgate Real Estate Market Report — 2022
- Nathan Colmer
- 17h
- 4 min read
Holgate Real Estate Market and LBI NJ Real Estate Market Report — 2022
The Long Beach Island real estate market in 2022 was defined by historically low inventory, rising construction costs, and sustained buyer interest in high‑quality coastal homes. Across the island, buyers remained highly selective, favoring renovated, elevated, and turnkey properties. Even as national market conditions began to shift, LBI remained remarkably insulated by its limited geography, strict zoning, and the persistent imbalance between supply and demand. Nowhere was this dynamic more pronounced than in Holgate, the southernmost community on the island. Known for its peaceful beaches, natural dune systems, and proximity to the Edwin B. Forsythe Wildlife Refuge, Holgate has long held appeal among buyers who seek both serenity and long‑term value.
In 2022, these broader LBI forces converged powerfully in Holgate. Limited inventory and high demand continued to push pricing upward, setting the tone for another strong year in this increasingly luxury‑leaning neighborhood.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Holgate Real Estate 2022 Key Statistics
Holgate recorded 28 closed sales in 2022—fewer than the peak years preceding it, but still reflective of healthy movement in a low‑inventory environment.
Number of sales: 28
Average sale price: $1,755,137
Median sale price: $1,734,500
Price per square foot: Varied, with incomplete data but generally elevated
These figures illustrate a market continuing to appreciate while maintaining strong mid‑to‑upper‑tier benchmarks. Both the average and median sale prices exceeded $1.7M, highlighting Holgate’s progression deeper into LBI’s premium category.
12 W Roosevelt Ave | Long Beach Township | Holgate | 1/5/2022 | $1,250,000.00 | $999,000 | $725.00 |
9 W Holgate Ave | Long Beach Township | Holgate | 1/5/2022 | $2,099,000.00 | $2,049,000 | $406.71 |
4913 Long Beach Blvd | Long Beach Township | Holgate | 1/10/2022 | $2,195,000.00 | $2,100,000 | $960.22 |
28 W Jacqueline | Long Beach Township | Holgate | 1/14/2022 | $879,000.00 | $879,000 | $505.75 |
4302 Long Beach Blvd | Long Beach Township | Holgate | 1/18/2022 | $950,000.00 | $1,100,000 | $916.67 |
2805 & 2804 Pennsylvania Ave | Long Beach Township | Holgate | 2/18/2022 | $1,600,000.00 | $1,550,000 | $1,133.04 |
5 Steven Ave | Long Beach Township | Holgate | 2/18/2022 | $1,669,000.00 | $1,669,000 | $778.45 |
24 W Roosevelt Ave | Long Beach Township | Holgate | 3/18/2022 | $1,895,000.00 | $1,491,500 | $725.00 |
26 W Roosevelt Ave | Long Beach Township | Holgate | 3/18/2022 | $1,995,000.00 | $1,804,936 | $622.39 |
5104 S Long Beach Blvd | Long Beach Township | Holgate | 3/18/2022 | $2,495,000.00 | $2,550,000 | $856.85 |
3602 S Long Beach #U2 | Long Beach Township | Holgate | 3/22/2022 | $1,350,000.00 | $1,400,000 | $778.64 |
14 W Roosevelt | Long Beach Township | Holgate | 3/25/2022 | $1,850,000.00 | $1,850,000 | $621.64 |
5205 West Ave | Long Beach Township | Holgate | 3/25/2022 | $2,495,000.00 | $2,300,000 | $793.10 |
6 W Carolina Ave | Long Beach Township | Holgate | 4/19/2022 | $1,475,000.00 | $1,475,000 | $798.16 |
113 W McKinley Ave | Long Beach Township | Holgate | 5/20/2022 | $2,199,000.00 | $2,050,000 | $743.29 |
4 Magnolia Ave | Long Beach Township | Holgate | 6/15/2022 | $2,250,000.00 | $2,385,000 | $766.63 |
4703 S Long Beach Blvd | Long Beach Township | Holgate | 6/17/2022 | $4,250,000.00 | $3,900,000 | $1,282.05 |
101 Osborn | Long Beach Township | Holgate | 6/28/2022 | $1,249,999.00 | $1,401,000 | $768.09 |
5108 S Long Beach Blvd | Long Beach Township | Holgate | 7/21/2022 | $2,595,000.00 | $2,550,000 | $879.31 |
14 W Carolina | Long Beach Township | Holgate | 7/22/2022 | $1,599,000.00 | $1,625,000 | $835.05 |
4000 Julia | Long Beach Township | Holgate | 9/15/2022 | $800,000.00 | $800,000 | $573.48 |
3 W. Scott Dr | Long Beach Township | Holgate | 9/16/2022 | $1,155,000.00 | $1,155,000 | $723.68 |
15 W Roosevelt Ave | Long Beach Township | Holgate | 9/29/2022 | $2,095,000.00 | $2,025,000 | $916.29 |
17 Roosevelt Ave | Long Beach Township | Holgate | 11/16/2022 | $1,649,000.00 | $1,800,000 | $659.34 |
17 Magnolia | Long Beach Township | Holgate | 11/16/2022 | $1,950,000.00 | $1,850,000 | $778.62 |
16 Roosevelt | Long Beach Township | Holgate | 11/17/2022 | $1,800,000.00 | $1,335,416 | $725.00 |
5211 Long Beach | Long Beach Township | Holgate | 11/21/2022 | $2,299,000.00 | $2,100,000 | $936.66 |
17 W Beck Ave | Long Beach Township | Holgate | 11/22/2022 | $1,099,000.00 | $950,000 | $613.70 |
The 2022 Holgate real estate market showcased a notable theme: rising values despite fewer transactions. The limited number of listings did not reflect waning demand but rather the growing tendency of property owners to hold onto their homes for longer periods. The combination of high replacement costs, the scarcity of buildable lots, and Holgate’s evolving identity as a luxury market contributed to this trend.
Although detailed price‑per‑square‑foot data was incomplete for the year, the totals and medians clearly signal that buyers continued to pay a premium for location, condition, and amenities. Homes with modern floorplans, elevated construction, or outdoor entertainment features—such as pools, rooftop decks, and expanded porches—commanded the highest pricing.
Another defining feature of the 2022 Holgate market was the concentration of sales in the $1.7M to $2.2M range. This price band had grown steadily over the prior few years, and by 2022 it had become the predominant segment of Holgate’s activity. Meanwhile, larger and newer homes often pushed pricing even higher, underscoring the neighborhood’s transformation into a destination for upscale primary and secondary residences.
Demand remained especially strong for homes close to beach access points or offering unique water views. Even older homes—when positioned on oversized lots or in highly walkable parts of Holgate—sold at elevated valuations, reflecting the underlying strength of land value in the community.
Holgate Real Estate Market and LBI NJ Real Estate Market Report — 2022
Overall, Holgate’s 2022 real estate performance reflected increasing scarcity, elevated pricing, and consistent demand despite broader market fluctuations outside the island. With median pricing solidly above $1.7M and a limited number of properties coming to market, Holgate continued its progression into the upper echelon of the LBI real estate market. The neighborhood’s combination of natural beauty, quiet streets, and high‑quality housing stock reinforced its long‑term desirability, setting the stage for continued strength in the years to follow.
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
