LBI NJ Real Estate Market Update April 21st 2019

Long Beach Island NJ (LBI NJ) Real Estate Market Update for April 21st 2019

Long Beach Island Real Estate

LBI NJ Real Estate Market Update April 19th It was a day of price reductions in the Long Beach Island real estate market today! There was 1 new listing, 7 price reductions, 4 pending sales and 3 closings today. Below is a list of all activity in the LBI real estate market on Long Beach Island.

LBI NJ Real Estate Market Update April 21st 2019

Type	Chg Type	Street Number	Street Name	Municipality	Area	Current Price	Sq Ft Total	DOM
SF	NEW	15	Ocean (Interior Lot)	Surf City	LBI	$4,499,000	4,400	0
CONDO	DOWN	500	Bay	Beach Haven Borough	LBI	$589,000	1,200	14
SF	DOWN	10	Cox	Harvey Cedars	LBI	$684,500	1,512	66
SF	DOWN	97	27th	Ship Bottom	LBI	$869,000	2,160	105
SF	DOWN	1602	Central	Barnegat Light	LBI	$875,000	1,964	128
DOWN	1101	Bay	Beach Haven Borough	LBI	$1,699,000	0	388
SF	DOWN	1101	S Bay Ave	Beach Haven Borough	LBI	$1,699,000	4,256	435
SF	DOWN	149D	Long Beach	Long Beach Twp	LBI	$1,699,000	3,025	53
LND	P	14	Albright	Long Beach Twp	LBI	$525,000	8,500	153
COM	P	1511	Long Beach	Long Beach Twp	LBI	$595,000	0	242
SF	P	450	Engleside	Beach Haven Borough	LBI	$1,279,000	2,340	56
SF	P	1201	Seaview	Barnegat Light	LBI	$1,395,000	2,736	140
SF	W	1709	Sunset	Surf City	LBI	$589,000	1,440	2
SF	V	215	Nautilus	Long Beach Twp	LBI	$1,895,000	3,273	243
SF	C	125	27th	Ship Bottom	LBI	$545,000	1,000	301
MUL	C	203	16th	Long Beach Twp	LBI	$1,400,000	3,000	457
SF	C	12	29th	Barnegat Light	LBI	$2,000,000	2,994	187
SF	X	77 A	Long Beach Blvd	Long Beach Twp	LBI	$2,599,000	3,808	182

While it was a busy day in the LBI real estate market, the vast majority of the activity was the reduction of prices. This is a rather common occurrence and all the more reason for buyers and sellers to understand the current market. Pricing is everything and knowing what the right price range is for a house is a make or break component in the LBI real estate market. If you have any questions about buying, selling or investing in the LBI real estate market please do not hesitate to contact me.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.BuyLBI.com

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