Holgate Real Estate Market Report — 2024
- Nathan Colmer
- 19 hours ago
- 4 min read
Holgate Real Estate Market and Long Beach Island NJ Real Estate Market Report — 2024
LBI Real Estate Market Overview
The 2024 Long Beach Island real estate market continued to be characterized by scarcity of inventory, sustained buyer motivation, and strong competition for well‑located coastal homes. Despite broader economic headwinds outside the region, LBI maintained its reputation as a stable and highly desirable second‑home and investment market. The limited number of properties available for sale, combined with sustained demand for modern coastal living, supported firm pricing across virtually all neighborhoods.
Holgate real estate once again emerged as a top performer. Its combination of serene beaches, newly redeveloped homes, and easy access to both nature and Beach Haven’s commercial district made it especially appealing to buyers who value both quiet and convenience. By 2024, Holgate had fully established itself within LBI’s premier tier.
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 2024 Key Statistics
Holgate posted 22 closed sales in 2024, maintaining a consistent pace within a constrained supply environment.
Average sale price: $2,038,250
Median sale price: $1,824,500
Average PPSF: $809/SqFt
Median PPSF: $809/SqFt
The neighborhood’s pricing remained firmly elevated, continuing the multi‑year trend of strong value performance in the southernmost section of LBI.
17 W Beck Ave | Long Beach Township | Holgate | 1/16/2024 | $2,999,000.00 | $2,850,000 | $872.63 |
17 Tebco Terrace | Long Beach Township | Holgate | 1/19/2024 | $1,499,000.00 | $1,460,000 | $768.42 |
110 Newport Dr | Long Beach Township | Holgate | 1/25/2024 | $2,499,000.00 | $2,300,000 | $763.61 |
27 Jacqueline Ave, Unit A | Long Beach Township | Holgate | 1/31/2024 | $925,000.00 | $910,000 | $748.36 |
11 W McKinley Ave | Long Beach Township | Holgate | 3/19/2024 | $1,600,000.00 | $1,600,000 | $844.77 |
5300 West Ave | Long Beach Township | Holgate | 4/26/2024 | $1,510,000.00 | $1,400,000 | $1,129.03 |
12 W Harding Ave #WEST | Long Beach Township | Holgate | 5/24/2024 | $1,249,000.00 | $1,200,000 | $642.05 |
83 W Tebco Terrace #B | Long Beach Township | Holgate | 7/8/2024 | $2,174,999.00 | $2,100,000 | $859.95 |
6 Carolina | Long Beach Township | Holgate | 7/17/2024 | $1,895,000.00 | $1,850,000 | $1,001.08 |
24 W Roosevelt Ave | Long Beach Township | Holgate | 7/22/2024 | $2,595,000.00 | $2,595,000 | $905.76 |
2601 S Long Beach Blvd | Long Beach Township | Holgate | 7/22/2024 | $5,495,000.00 | $4,900,000 | $1,059.69 |
9 W Jacqueline Ave | Long Beach Township | Holgate | 7/31/2024 | $1,149,999.00 | $1,100,000 | $916.67 |
25 W Roosevelt Ave | Long Beach Township | Holgate | 8/2/2024 | $2,250,000.00 | $2,200,000 | $891.41 |
5302 S Long Beach Blvd #3 | Long Beach Township | Holgate | 8/19/2024 | $400,000.00 | $400,000 | $809.72 |
20 W Joshua Ave | Long Beach Township | Holgate | 9/18/2024 | $1,199,999.00 | $1,137,500 | $1,065.07 |
4703 S Long Beach Blvd | Long Beach Township | Holgate | 9/25/2024 | $4,650,000.00 | $4,300,000 | $1,409.84 |
142 Newport | Long Beach Township | Holgate | 9/27/2024 | $3,350,000.00 | $2,910,000 | $797.26 |
103 Osborn Ave | Long Beach Township | Holgate | 9/30/2024 | $1,799,000.00 | $1,799,000 | $914.13 |
83 W Tebco Terrace #A | Long Beach Township | Holgate | 11/1/2024 | $2,099,999.00 | $2,050,000 | $839.48 |
5 Alexis Pl | Long Beach Township | Holgate | 11/15/2024 | $1,499,999.00 | $1,480,000 | $930.82 |
4002 S Long Beach Blvd | Long Beach Township | Holgate | 12/20/2024 | $1,699,000.00 | $1,625,000 | $738.64 |
5207 West Ave | Long Beach Township | Holgate | 12/20/2024 | $2,695,000.00 | $2,675,000 | $891.67 |
The 2024 Holgate market was defined by a concentration of sales in the $1.7M to $3M range, though several sales exceeded that threshold. This concentration signals a market where upper‑tier pricing has become normalized, fueled by the continued redevelopment of older structures into modern coastal homes.
While the average PPSF moderated compared to the exceptionally high levels seen in 2023, it remained strong relative to historic trends. The softening in PPSF reflected a shift in the mix of homes sold rather than any true decline in demand. Larger homes—and properties with slightly older build dates—played a more significant role in the 2024 sales roster, which naturally draws per‑foot averages downward despite stable or even rising total sale prices.
Holgate’s appeal remained rooted in its ability to offer a tranquil residential atmosphere while still providing convenient access to everything LBI is known for. Buyers showed a continued preference for homes with generous outdoor living spaces, multi‑level decks, and views or proximity to the ocean or bay. Properties with rental potential or flexible multi‑generational layouts also performed particularly well.
The limited number of listings entering the market underscored the strength of demand. Homeowners in Holgate increasingly see the neighborhood as a long‑term hold, contributing to the scarcity that helps preserve and elevate market values. Even homes in need of updates sold at elevated levels, reflecting the enduring land value and future redevelopment potential.
Holgate Real Estate Market and Long Beach Island NJ Real Estate Market Report — 2024
Holgate’s 2024 performance reinforced its status as one of LBI’s most stable and sought‑after real estate markets. With average prices exceeding $2M and per‑foot values remaining well above long‑term trends, the neighborhood continues to attract buyers who appreciate its combination of natural beauty, modern amenities, and long‑term value potential. As inventory remains limited and redevelopment continues to shape the area, Holgate stands poised for continued strength.
Buying or selling on Long Beach Island is different from anywhere else, and having the right guidance matters. I'm Nathan Colmer, a local LBI real estate agent with over 20 years of experience helping buyers and sellers make informed decisions, especially when it comes to second homes and investment properties.
As both a real estate professional and an active investor in the LBI real estate market, I offer insight beyond listing details. Whether you're looking for a vacation home, exploring investment options, or ready to list your property, I take a personalized, hands-on approach to help you navigate the process with confidence.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
