LBI Real Estate February 2019 Sales Update
- High Tides Digital Marketing
- Mar 4, 2019
- 3 min read
Updated: May 2
Long Beach Island (LBI NJ) February 2019 Real Estate Sales Update
Long Beach Island Real Estate
The LBI real estate market has slowed down however market activity and market pricing are still very strong. This LBI Real Estate February 2019 Sales Update highlights these points with fewer closed sales when compared to February 2018, but still no signs of a market crash or significant downturn. The real estate market on Long Beach Island has seen steady activity and sales growth since Hurricane Sandy so some slowdown is both expected and healthy. Overall February had a strong month for market activity on LBI.
LBI Real Estate February 2019 Sales Update
Below is a breakdown of all closed single family homes and condominiums in the LBI real estate market that were recorded as closed in the MLS. It does not take into account any private sales.
Type | MLS# | Street Number | Street Name | Municipality | Section | Current Price | Beds Total | Baths Full | Baths Half | Sq Ft Total | Waterfront | DOM |
CONDO | 4051909 | 416 | Boulevard 2nd | Ship Bottom | Ship Bottom | $352,500 | 3 | 1 | 0 | 1,010 | No | 113 |
CONDO | 4058380 | 10 | Osborn Unit 101 | Long Beach Twp | Holgate | $375,000 | 3 | 2 | 0 | 957 | No | 38 |
CONDO | 4058512 | 214 | Leeward | Beach Haven Borough | L.E.H. Yacht | $435,000 | 2 | 1 | 0 | 684 | Yes | 72 |
SF | 4058046 | 7901 | Long Beach | Long Beach Twp | Beach Haven Crest | $480,000 | 3 | 2 | 0 | 940 | No | 70 |
SF | 4058226 | 2108 | Central | Barnegat Light | Barnegat Light | $490,000 | 3 | 1 | 1 | 1,248 | No | 31 |
SF | 4053723 | 284 | 18th | Ship Bottom | Ship Bottom | $540,000 | 5 | 2 | 0 | 2,188 | No | 171 |
SF | 4060180 | 358 | 3rd | Surf City | Surf City | $580,000 | 4 | 1 | 1 | 1,315 | No | 12 |
SF | 4053830 | 231 | 10th | Beach Haven Borough | Beach Haven | $600,000 | 5 | 2 | 0 | 1,792 | No | 57 |
SF | 4057006 | 10 | Culver | Long Beach Twp | Beach Haven Crest | $625,000 | 3 | 2 | 0 | 1,472 | No | 73 |
SF | 4055222 | 15 | 14th | Long Beach Twp | North Beach Haven | 4 | 1 | 1 | 1,400 | No | 77 | |
SF | 4058651 | 4 | Mac Evoy | Long Beach Twp | The Dunes | $697,000 | 4 | 2 | 1 | 1,752 | No | 17 |
SF | 4058222 | 217 | Ocean | Beach Haven Borough | L.E.H. Yacht | $740,000 | 3 | 1 | 2 | 1,400 | No | 38 |
SF | 4053269 | 100 | Pennsylvania | Long Beach Twp | Beach Haven Terrace | $777,500 | 4 | 2 | 1 | 1,760 | No | 163 |
SF | 4060713 | 302 | n 4th | Surf City | Surf City | $799,000 | 3 | 2 | 0 | 1,200 | No | 0 |
SF | 4053599 | 1603 | Central | Barnegat Light | Barnegat Light | $800,130 | 4 | 3 | 0 | 2,205 | No | 158 |
SF | 4056972 | 112 | Maryland | Long Beach Twp | Beach Haven Terrace | $876,321 | 4 | 2 | 0 | 1,788 | No | 68 |
SF | 4055434 | 135 | Laguna Lane | Long Beach Twp | Loveladies | $900,000 | 4 | 3 | 0 | 1,800 | Yes | 101 |
SF | 4049339 | 3802 | Long Beach | Long Beach Twp | Brant Beach | $950,000 | 4 | 3 | 1 | 2,766 | No | 184 |
SF | 4053864 | 6201 | Long Beach | Harvey Cedars | Harvey Cedars | $953,000 | 4 | 2 | 0 | 2,088 | No | 117 |
SF | 4054927 | 121 | Sand Dune | Long Beach Twp | Peahala Park | $975,000 | 5 | 2 | 1 | 1,616 | No | 126 |
SF | 4054959 | 301 | 4th | Surf City | Surf City | $1,160,000 | 5 | 4 | 1 | 3,200 | No | 90 |
SF | 4056937 | 3 | Lagoon | Long Beach Twp | North Beach | $1,280,000 | 8 | 6 | 0 | 4,431 | No | 33 |
SF | 4050161 | 20 | 7th | Beach Haven Borough | Beach Haven | $1,410,000 | 4 | 2 | 2 | 1,528 | No | 120 |
SF | 4049600 | 22 | Virginia | Long Beach Twp | Haven Beach | $1,425,000 | 5 | 4 | 1 | 3,018 | No | 186 |
SF | 4055479 | 1048 | Long Beach | Long Beach Twp | North Beach | $1,475,000 | 6 | 3 | 1 | 3,905 | No | 49 |
SF | 4053048 | 6 | 21st | Surf City | Surf City | $1,826,500 | 6 | 4 | 0 | 2,180 | Yes | 64 |
SF | 4053834 | 8 | Burlington | Harvey Cedars | Harvey Cedars | $2,300,000 | 6 | 5 | 1 | 3,000 | No | 50 |
SF | 4055126 | 6808 | Suffolk | Harvey Cedars | Harvey Cedars | $2,700,000 | 5 | 3 | 1 | 5,136 | Yes | 21 |
Overall the statistics show strong activity and a stable market. The average price of a single family home was about $1,040,000 which is a healthy number in the LBI real estate market. The increases that lead up to the market peak in 2017 have slowed down but again there are no real signs of a downturn at this time. Rather the market seems to have leveled off with slow growth. For more information 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
