North Beach Haven Real Estate Market — 2018 Year in Review
- Jan 28
- 4 min read
North Beach Haven Real Estate Market and the LBI NJ Real Estate Sales Market — 2018 Year in Review
The 2018 LBI real estate market showed steady demand for prime shore locations, and North Beach Haven real estate stood out for its blend of proximity to town amenities and desirable beach‑block inventory. With mixed product—condos, raised cape cods, and new construction—the year set a baseline for the multi‑year run that followed in the LBI NJ real estate sales market.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
North Beach Haven Real Estate Sales — 2018 at a Glance
Number of sales: 18
Average sale price: $917,747
Median sale price: $787,500
Average price per square foot: $480/SqFt
Median price per square foot: $433/SqFt
Total dollar volume: $16,519,450
Average close-to-list ratio: 95.5%
Highest closed sale: $2,650,000 (Top sale: 1912 Bay Ter)
Lowest closed sale: $300,000 (2005 Long Beach Blvd)
Average Sale Price & $/SqFt in North Beach Haven (2018)
The average sale price of $917,747 framed 2018 as a healthy, mid‑cycle year for North Beach Haven real estate. While the median of $787,500 indicates significant activity below the million‑dollar mark, the presence of higher‑end trades pushed the average higher. The average $/SqFt at $480 (median $433) shows pricing still accessible compared with later years, foreshadowing the gains to come in the broader LBI real estate market.
LBI Real Estate: Highs, Lows, and Distribution (2018)
North Beach Haven saw a broad spread, from entry‑level ownership opportunities up to $2.65M waterfront caliber. That distribution underscores a balanced market with multiple buyer segments active.
With 18 sales and $16.5M in dollar volume, velocity in the North Beach Haven real estate market was solid. A 95.5% close‑to‑list ratio reflected minimal negotiation in a market with constrained supply but not yet the multiple‑offer intensity that would define subsequent years.
Full Street Address | City | Area | Status Contractual Search Date | List Price | Close Price | Price/SqFt | RATIO Close Price By List Price |
1912 Bay Ter | Long Beach Township | Irregular | 1/9/2018 | $2,990,000.00 | $2,650,000 | $632.91 | 0.88629 |
2005 Long Beach Blvd | Long Beach Township | North Beach Haven | 1/19/2018 | $325,000.00 | $300,000 | $375.00 | 0.92308 |
7 16th St | Long Beach Township | 40x100 | 4/16/2018 | $1,279,000.00 | $1,250,000 | $543.48 | 0.97733 |
1907 Bay Ter | Long Beach Township | 50x100 | 5/10/2018 | $1,149,000.00 | $1,100,000 | $507.38 | 0.95735 |
1801 S Long Beach Blvd | Long Beach Township | North Beach Haven | 5/21/2018 | $358,000.00 | $340,000 | $401.89 | 0.94972 |
15 W 16th St #B | Long Beach Township | North Beach Haven | 6/1/2018 | $549,000.00 | $537,500 | $375.09 | 0.97905 |
1709 Long Beach Blvd | Long Beach Township | North Beach Haven | 6/5/2018 | $779,000.00 | $765,000 | $382.50 | 0.98203 |
2005 Long Beach Blvd | Long Beach Township | North Beach Haven | 6/26/2018 | $839,800.00 | $810,000 | $395.12 | 0.96452 |
4 E 18th St | Long Beach Township | North Beach Haven | 8/29/2018 | $699,000.00 | $650,000 | $333.33 | 0.9299 |
22 W 13th St #WEST | Long Beach Township | 125x75 IRR | 9/4/2018 | $999,000.00 | $920,000 | $400.00 | 0.92092 |
119 W 16th St | Long Beach Township | North Beach Haven | 9/7/2018 | $629,000.00 | $655,000 | $503.85 | 1.04134 |
109 W 17th St | Long Beach Township | 75x100 | 9/17/2018 | $1,385,000.00 | $1,325,000 | $456.90 | 0.95668 |
22 W 13th St #EAST | Long Beach Township | North Beach Haven | 9/25/2018 | $525,000.00 | $500,000 | $416.67 | 0.95238 |
212 E 13th St | Long Beach Township | 50x115 | 10/5/2018 | $1,599,000.00 | $1,500,000 | $979.75 | 0.93809 |
109 E 18th St #W | Long Beach Township | North Beach Haven | 10/12/2018 | $739,000.00 | $725,000 | $513.46 | 0.98106 |
8 W 13th St | Long Beach Township | North Beach Haven | 11/5/2018 | $849,000.00 | $825,000 | $569.36 | 0.97173 |
7 W 20th St | Long Beach Township | North Beach Haven | 11/8/2018 | $659,000.00 | $605,000 | $406.59 | 0.91806 |
1601 Long Beach Blvd #B | Long Beach Township | 110x65 | 12/13/2018 | $1,099,000.00 | $1,061,950 | $449.98 | 0.96629 |
North Beach Haven Real Estate Market and the LBI NJ Real Estate Sales Market — 2018 Year in Review
2018 set a sturdy foundation: diverse homes and options in the LBI real estate market, strong absorption, and upward pressure building beneath prices. As we’ll see, subsequent years brought firmer seller leverage and rising $/SqFt.
If you're buying, selling, or investing in the LBI real estate market, I offer the local expertise and strategic guidance needed to succeed. I'm Nathan Colmer, a Long Beach Island real estate agent with over 20 years of experience helping clients navigate the island's highly specialized market, particularly with second homes and investment properties.
As an active investor in LBI real estate, I provide firsthand insight into ownership, rental potential, and long-term value. Whether you're searching for a vacation home or preparing to sell, I deliver personalized strategies and trusted local knowledge to help you move forward with confidence.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
