LBI NJ Real Estate Weekly Sales Update 2/24/2019-3/3/2019
- High Tides Digital Marketing
- Mar 3, 2019
- 8 min read
Long Beach Island Real Estate Weekly Sales Update 2/24/2019-3/3/2019
Long Beach Island Real Estate
LBI Real Estate Weekly Sales Update 2/24/2019-3/3/2019: The Long Beach Island real estate market saw a notable increase in activity this week with 107 changes to the MLS. This included new listings, price changes, sold listings, etc. There were 28 new listings to enter the market which was the same number as last week. The average listing price was about $200,000 higher this week. To help understand the dynamics of the LBI real estate market for buyers, sellers and investors I publish a weekly sales update for the Long Beach Island real estate market in addition to my monthly analysis of home sales. You can review all the active, pending, sold and withdrawn listings that are or were for sale on Long Beach Island in the given time frame. To give a quick summary:
28 new listings entered the market with an average price of $1,232,000 (rounded)
17 listings went under contact with an average listing price of about $900,000 (rounded)
11 properties sold on Long Beach Island with an average price of $533,000 (rounded)
25 listings were either withdrawn of expired in the LBI real estate market
LBI NJ Real Estate Weekly Sales Update 2/24/2019-3/3/2019
Below is a breakdown of all market activity on Long Beach Island over the past week. For the property status NEW means it is a new or re-listed home, DOWN means the price was reduced, "P" means the property is under contract (pending), "C" means the property sold and "W" or "X" means the property failed to sell (withdrawn or expired). Note this is for single family homes, condos, duplexes and commercial real estate listed by all local Long Beach Island real estate agencies.
Type | Chg Type | MLS# | Street Number | Street Name | Municipality | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | DOM | |
INOW | NEW | 4061964 | A | 4 | 79th | Harvey Cedars | $85,000 | 3 | 1 | 1 | 900 | 1 |
CONDO | NEW | 4061816 | A | 20 | West Washington | Long Beach Twp | $365,000 | 2 | 1 | 0 | 720 | 2 |
CONDO | NEW | 4060706 | A | 20 | West 21st Street Unit 2 | Long Beach Twp | $410,000 | 3 | 1 | 0 | 875 | 3 |
SF | NEW | 4061978 | A | 247 | 11th | Ship Bottom | $510,000 | 2 | 2 | 0 | 918 | 0 |
SF | NEW | 4061970 | A | 216 | 11th | Surf City | $559,000 | 3 | 2 | 1 | 1,322 | 1 |
SF | NEW | 4061950 | A | 4300 | Long Beach | Long Beach Twp | $575,000 | 5 | 2 | 0 | 0 | 2 |
SF | NEW | 4061840 | A | 117 | 7th | Ship Bottom | $619,999 | 3 | 2 | 0 | 1,300 | 4 |
SF | NEW | 4061971 | A | 236 | 22nd | Ship Bottom | $650,000 | 3 | 2 | 0 | 1,056 | 1 |
SF | NEW | 4061927 | A | 13 | Harmony | Long Beach Twp | $749,000 | 4 | 1 | 1 | 2,223 | 2 |
SF | NEW | 4061812 | A | 102 | 13th | Surf City | $809,900 | 3 | 2 | 0 | 1,056 | 1 |
SF | NEW | 4061959 | A | 205 | Beach | Beach Haven Borough | $895,000 | 4 | 2 | 1 | 2,070 | 1 |
SF | NEW | 4061839 | A | 3 | Warwick | Harvey Cedars | $895,000 | 4 | 2 | 0 | 1,600 | 5 |
SF | NEW | 4061864 | A | 4904 | Long Beach | Long Beach Twp | $969,000 | 4 | 2 | 1 | 2,100 | 4 |
SF | NEW | 4060299 | A | 4 | Lillie | Long Beach Twp | $1,100,000 | 4 | 2 | 1 | 2,200 | 10 |
SF | NEW | 4061929 | A | 114 | 16th | Ship Bottom | $1,150,000 | 4 | 3 | 1 | 2,100 | 2 |
SF | NEW | 4061822 | A | 450 | Engleside | Beach Haven Borough | $1,279,000 | 4 | 3 | 1 | 2,340 | 6 |
SF | NEW | 4058325 | A | 223 | 5th | Surf City | $1,299,000 | 4 | 3 | 1 | 2,500 | 2 |
SF | NEW | 4060753 | A | 262 | 15th | Ship Bottom | $1,395,000 | 5 | 4 | 2 | 3,400 | 6 |
SF | NEW | 4061841 | A | 110 | E 86th | Long Beach Twp | $1,595,000 | 4 | 3 | 1 | 2,400 | 5 |
SF | NEW | 4061829 | A | 409 | Leeward | Beach Haven Borough | $1,650,000 | 5 | 3 | 1 | 2,918 | 3 |
SF | NEW | 4061896 | A | 149D | Long Beach | Long Beach Twp | $1,749,000 | 5 | 5 | 0 | 3,025 | 3 |
SF | NEW | 4061955 | A | 2611 | Atlantic | Long Beach Twp | $2,485,000 | 6 | 5 | 1 | 3,500 | 1 |
SF | NEW | 4061811 | A | 1000 | Atlantic | Beach Haven Borough | $2,495,000 | 5 | 3 | 1 | 3,000 | 6 |
SF | NEW | 4061845 | A | 1609 | Beach | Beach Haven Borough | $2,495,000 | 4 | 3 | 1 | 2,000 | 5 |
SF | NEW | 4060402 | A | 4005 | S. Long Beach | Long Beach Twp | $2,995,000 | 5 | 5 | 1 | 3,200 | 5 |
SF | NEW | 4061851 | A | 4803 | Long Beach | Long Beach Twp | $3,495,000 | 5 | 5 | 1 | 3,700 | 5 |
MUL | NEW | 4061949 | A | 4300 | Long Beach | Long Beach Twp | $575,000 | 0 | 0 | 0 | 0 | 2 |
MUL | NEW | 4060561 | A | 5504 | Long Beach | Long Beach Twp | $649,000 | 0 | 0 | 0 | 1,878 | 2 |
CONDO | BOM | 4051684 | A | 1805 | Long Beach | Ship Bottom | $459,000 | 2 | 1 | 1 | 1,398 | 216 |
APT | BOM | 4061837 | A | 2106 | Long Beach Blvd. | Surf City | $598,000 | 2 | 1 | 0 | 1,250 | 158 |
SF | BOM | 4053390 | A | 105 | 15th | Long Beach Twp | $639,000 | 3 | 2 | 0 | 1,600 | 183 |
SF | BOM | 4056769 | A | 131 | 30th | Ship Bottom | $850,000 | 4 | 2 | 0 | 1,775 | 114 |
SF | BOM | 4060466 | A | 338 | 4th | Ship Bottom | $899,000 | 4 | 2 | 0 | 2,200 | 20 |
SF | BOM | 4055215 | A | 7706 | Ocean | Long Beach Twp | $999,000 | 4 | 2 | 1 | 2,185 | 149 |
SF | BOM | 4055426 | A | 2 | LaBaia | Long Beach Twp | $999,999 | 4 | 2 | 1 | 2,202 | 138 |
MUL | BOM | 4056772 | A | 131 | 30th | Ship Bottom | $850,000 | 0 | 0 | 0 | 1,775 | 114 |
SF | DOWN | 4056739 | A | 242 | 17th | Ship Bottom | $649,000 | 3 | 2 | 0 | 2,463 | 122 |
SF | DOWN | 4055138 | A | 9 | E South 34th | Long Beach Twp | $699,000 | 3 | 2 | 0 | 1,184 | 152 |
SF | DOWN | 4056804 | A | 7 | Harmony | Long Beach Twp | $734,000 | 5 | 2 | 0 | 1,500 | 122 |
SF | DOWN | 4060107 | A | 23 | N 2nd | Surf City | $799,000 | 4 | 1 | 0 | 1,530 | 37 |
SF | DOWN | 4058977 | A | 12301 | Old Whaling | Long Beach Twp | $799,900 | 4 | 3 | 0 | 2,630 | 45 |
SF | DOWN | 4061819 | A | 103 | Pennsylvania | Beach Haven Borough | $1,279,000 | 4 | 3 | 1 | 2,340 | 6 |
SF | DOWN | 4055281 | A | 12 | 77th | Harvey Cedars | $1,349,000 | 4 | 3 | 1 | 2,170 | 144 |
SF | DOWN | 4055278 | A | 386 | 10th | Surf City | $1,399,000 | 4 | 4 | 1 | 2,940 | 142 |
SF | DOWN | 4045690 | A | 4 | East 85th | Harvey Cedars | $1,650,000 | 4 | 3 | 1 | 3,294 | 337 |
SF | DOWN | 4058468 | A | 425 | Fifth | Beach Haven Borough | $1,749,000 | 4 | 3 | 1 | 1,932 | 79 |
SF | DOWN | 4030978 | A | 84 | Bayview | Long Beach Twp | $2,495,000 | 4 | 3 | 0 | 2,500 | 578 |
LND | DOWN | 4056789 | A | 2201 | Long Beach | Long Beach Twp | $699,000 | 0 | 0 | 0 | 0 | 123 |
LND | DOWN | 4056992 | A | 50 | California | Long Beach Twp | $1,235,000 | 0 | 0 | 0 | 0 | 113 |
COM | DOWN | 4056732 | A | 325 | 9th | Beach Haven Borough | $69,900 | 0 | 0 | 0 | 0 | 127 |
COM | DOWN | 4056790 | A | 2201 | Long Beach | Long Beach Twp | $699,000 | 0 | 0 | 0 | 0 | 123 |
MUL | DOWN | 4056803 | A | 7 | Harmony | Long Beach Twp | $734,000 | 0 | 0 | 0 | 1,500 | 122 |
SF | UP | 4056994 | A | 50 | California | Long Beach Twp | $1,235,000 | 4 | 2 | 0 | 0 | 113 |
SF | UP | 4061885 | A | 5303 | Long Beach | Long Beach Twp | $1,497,000 | 4 | 2 | 0 | 1,104 | 4 |
INOW | K | 4053481 | K | 220 | Liberty | Beach Haven Borough | $89,900 | 3 | 2 | 0 | 1,000 | 185 |
CONDO | K | 4058716 | K | 137 | Maryland | Long Beach Twp | $175,500 | 1 | 1 | 0 | 290 | 57 |
CONDO | K | 4060310 | K | 7301 | Long Beach | Long Beach Twp | $494,000 | 2 | 2 | 0 | 1,296 | 30 |
SF | K | 4053583 | K | 9 | Bergen | Harvey Cedars | $975,000 | 4 | 1 | 0 | 1,286 | 177 |
SF | K | 4060501 | K | 2101 | Ocean | Ship Bottom | $1,995,000 | 4 | 3 | 0 | 2,172 | 21 |
SF | P | 4060576 | P | 901 | Ocean | Ship Bottom | $525,000 | 2 | 2 | 0 | 1,081 | 13 |
SF | P | 4058050 | P | 20 | 14th | Long Beach Twp | $589,000 | 2 | 2 | 0 | 952 | 104 |
SF | P | 4058042 | P | 2103 | Highland | Long Beach Twp | $649,000 | 3 | 1 | 1 | 1,032 | 102 |
SF | P | 4058721 | P | 1405 | Central Ave | Surf City | $675,000 | 4 | 3 | 0 | 1,700 | 34 |
SF | P | 4060222 | P | 21 | Winifred (79th) | Long Beach Twp | $725,000 | 4 | 2 | 0 | 1,791 | 33 |
SF | P | 4050084 | P | 608 | Beach | Beach Haven Borough | $825,000 | 4 | 2 | 0 | 1,800 | 212 |
SF | P | 4058044 | P | 6309 C | Long Beach | Harvey Cedars | $974,800 | 5 | 3 | 0 | 1,700 | 107 |
SF | P | 4051411 | P | 365 | 6th | Surf City | $999,000 | 6 | 3 | 0 | 1,824 | 234 |
SF | P | 4058597 | P | 7212 | Ocean | Long Beach Twp | $1,475,000 | 4 | 3 | 1 | 2,584 | 57 |
SF | P | 4032722 | P | 177 | Long Beach | Long Beach Twp | $1,750,000 | 7 | 4 | 0 | 5,542 | 539 |
SF | P | 4053651 | P | 149 B | Long Beach | Long Beach Twp | $1,995,000 | 5 | 3 | 1 | 4,200 | 174 |
COM | P | 4055114 | P | 2512 | Long Beach | Ship Bottom | $400,000 | 0 | 0 | 0 | 0 | 148 |
SF | W | 4058103 | W | 247 | 11th | Ship Bottom | $517,450 | 2 | 2 | 0 | 918 | 106 |
SF | W | 4058265 | W | 25 | 6th | Beach Haven Borough | $899,000 | 3 | 1 | 0 | 1,424 | 86 |
SF | W | 4058929 | W | 4904 | Long Beach | Long Beach Twp | $969,000 | 4 | 2 | 1 | 2,100 | 44 |
SF | W | 4053534 | W | 114 | 16th | Ship Bottom | $1,175,000 | 4 | 3 | 1 | 2,100 | 177 |
SF | W | 4030606 | W | 110 | 86th | Long Beach Twp | $1,595,000 | 4 | 3 | 1 | 2,400 | 594 |
SF | W | 4036399 | W | 1609 | S. Beach | Beach Haven Borough | $2,495,000 | 4 | 3 | 1 | 2,000 | 452 |
SF | W | 4031274 | W | 4005 | Long Beach | Long Beach Twp | $2,995,000 | 5 | 5 | 1 | 3,200 | 561 |
MUL | W | 4058272 | W | 25 | 6th | Beach Haven Borough | $899,000 | 0 | 0 | 0 | 1,424 | 86 |
CONDO | W | 4060292 | W | 369 | 8th | Ship Bottom | $2,800 | 3 | 2 | 0 | 1,226 | 31 |
SF | V | 4060704 | V | 419 | Coral | Beach Haven Borough | $679,000 | 5 | 2 | 0 | 2,508 | 12 |
COM | V | 4058919 | V | 2512 | Long Beach | Ship Bottom | $2,500 | 0 | 0 | 0 | 0 | 43 |
INOW | C | 4056580 | C | 220 | Liberty | Beach Haven Borough | $85,000 | 3 | 2 | 0 | 1,000 | 82 |
CONDO | C | 4051909 | C | 416 | Boulevard 2nd | Ship Bottom | $352,500 | 3 | 1 | 0 | 1,010 | 113 |
CONDO | C | 4058380 | C | 10 | Osborn Unit 101 | Long Beach Twp | $375,000 | 3 | 2 | 0 | 957 | 38 |
CONDO | C | 4058512 | C | 214 | Leeward | Beach Haven Borough | $435,000 | 2 | 1 | 0 | 684 | 72 |
SF | C | 4058046 | C | 7901 | Long Beach | Long Beach Twp | $480,000 | 3 | 2 | 0 | 940 | 70 |
SF | C | 4053723 | C | 284 | 18th | Ship Bottom | $540,000 | 5 | 2 | 0 | 2,188 | 171 |
SF | C | 4060180 | C | 358 | 3rd | Surf City | $580,000 | 4 | 1 | 1 | 1,315 | 12 |
SF | C | 4057006 | C | 10 | Culver | Long Beach Twp | $625,000 | 3 | 2 | 0 | 1,472 | 73 |
SF | C | 4058651 | C | 4 | Mac Evoy | Long Beach Twp | $697,000 | 4 | 2 | 1 | 1,752 | 17 |
SF | C | 4053599 | C | 1603 | Central | Barnegat Light | $800,130 | 4 | 3 | 0 | 2,205 | 158 |
SF | C | 4055434 | C | 135 | Laguna Lane | Long Beach Twp | $900,000 | 4 | 3 | 0 | 1,800 | 101 |
CONDO | X | 4055408 | X | 214 | Leeward | Beach Haven Borough | $519,900 | 2 | 1 | 0 | 772 | 82 |
SF | X | 4055321 | X | 108 | 19th | Long Beach Twp | $649,900 | 3 | 2 | 0 | 1,120 | 142 |
SF | X | 4053475 | X | 13 | Harmony | Long Beach Twp | $769,000 | 4 | 1 | 1 | 2,223 | 180 |
SF | X | 4053193 | X | 1215 | Central | Ship Bottom | $849,900 | 4 | 3 | 0 | 2,310 | 190 |
SF | X | 4051772 | X | 12 | 3rd | Barnegat Light | $1,279,000 | 4 | 3 | 1 | 2,400 | 206 |
SF | X | 4053545 | X | 1111 | Seaview | Barnegat Light | $1,399,000 | 4 | 2 | 1 | 2,245 | 180 |
SF | X | 4053888 | X | 609 | Atlantic | Beach Haven Borough | $1,749,000 | 4 | 3 | 0 | 1,894 | 160 |
SF | X | 4053360 | X | 149-D | Long Beach | Long Beach Twp | $1,775,000 | 5 | 5 | 0 | 3,025 | 184 |
SF | X | 4044021 | X | 8 | 68th | Harvey Cedars | $2,045,000 | 5 | 3 | 1 | 2,600 | 150 |
SF | X | 4056578 | X | 108 | Lavenia | Long Beach Twp | $2,299,000 | 6 | 4 | 0 | 1,578 | 131 |
SF | X | 4053579 | X | 8 B | East 69th Street | Harvey Cedars | $2,395,000 | 4 | 2 | 1 | 1,704 | 168 |
MUL | X | 4043585 | X | 107 | N Ocean | Surf City | $1,849,000 | 0 | 0 | 0 | 1,800 | 382 |
MUL | X | 4056919 | X | 108 | Lavenia | Long Beach Twp | $2,299,000 | 0 | 0 | 0 | 1,578 | 113 |
SF | X | 4046241 | X | 1410 | Atlantic | Long Beach Twp | $1,075 | 3 | 1 | 0 | 0 | 314 |
LBI New Jersey Real Estate Sales Analysis
For the second week in a row we saw a very low average sales price. Absent from the closed sale list were higher end homes trading over $1,000,000. In fact the most expensive sale this week was $900,000. While it is odd that the sales price is so low, it is helpful to see that several of the pending sales this week were over $1,500,000. As I have mentioned inventory levels are very low and this week saw a net increase of only 3 listings to the market (28 new listings and 25 withdrawn or expired). Overall while market activity remains strong, buyers and sellers should pay close attention to the trends that are developing in the Long Beach Island real estate market. For more information about buying, selling or investment in the Long Beach Island real estate market or about LBI NJ Real Estate Weekly Sales Update 2/24/2019-3/3/2019 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
