North Beach Haven Real Estate Market — 2022 Year in Review
- Nathan Colmer
- 5 hours ago
- 3 min read
North Beach Haven Real Estate Market and LBI NJ Real Estate Market Home Sale Information — 2022 Year in Review
The market cooled from the 2021 peak intensity but remained historically strong. Buyers recalibrated to interest‑rate shifts even as the underlying demand for LBI real estate stayed intact. Limited inventory in the LBI real estate market and in the North Beach Haven real estate market made it harder for buyers to compete.
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 — 2022 at a Glance
Number of sales: 12 (▼ 7.7% YoY)
Average sale price: $1,214,833 (▼ 23.8% YoY)
Median sale price: $1,062,500
Average price per square foot: $724/SqFt (▼ 6.2% YoY)
Median price per square foot: $693/SqFt
Total dollar volume: $14,578,000
Average close-to-list ratio: 100.2%
Highest closed sale: $2,199,000 (16 W 18th St)
Lowest closed sale: $525,000 (1412 Long Beach #A)
Average Sale Price & $/SqFt in North Beach Haven
Retracement from 2021’s highs brought the average price to $1.21M and $724/SqFt. Importantly, the median remained above $1.06M, indicating foundational demand despite macro headwinds. Top sales still breached $2.2M, while the entry point moved up versus the late 2010s. The market found a new equilibrium rather than giving back the structural gains of 2020–2021. Dollar volume measured $14.6M with a 100.2% close‑to‑list ratio—negotiation remained minimal. North Beach Haven real estate stayed supply‑constrained, just less frenetic than the prior year.
Full Street Address | City | Area | Sale Date | List Price | Close Price | Price/SqFt | List/Sale Price Ratio |
5 W 19th St | Long Beach Township | North Beach Haven | 2/14/2022 | $2,100,000.00 | $2,110,000 | $606.67 | 1.00476 |
1412 Long Beach #A | Long Beach Township | North Beach Haven | 3/4/2022 | $550,000.00 | $525,000 | $474.25 | 0.95455 |
15 W 16th | Long Beach Township | North Beach Haven | 3/21/2022 | $949,500.00 | $915,000 | $653.57 | 0.96367 |
1412 Long Beach #B | Long Beach Township | North Beach Haven | 3/22/2022 | $575,000.00 | $550,000 | $496.84 | 0.95652 |
1401 Long Beach Boulevard | Long Beach Township | North Beach Haven | 5/25/2022 | $799,000.00 | $850,000 | $732.76 | 1.06383 |
102 E 20th St | Long Beach Township | North Beach Haven | 6/3/2022 | $1,995,000.00 | $2,005,000 | $878.62 | 1.00501 |
9 E 15th | Long Beach Township | North Beach Haven | 8/5/2022 | $1,149,000.00 | $1,210,000 | $1,028.91 | 1.05309 |
1412 B Long Beach Blvd #B | Long Beach Township | North Beach Haven | 9/16/2022 | $679,000.00 | $679,000 | $613.37 | 1 |
1412 A Long Beach Blvd #A | Long Beach Township | North Beach Haven | 10/31/2022 | $679,000.00 | $665,000 | $600.72 | 0.97938 |
16 W 18th St | Long Beach Township | North Beach Haven | 11/4/2022 | $2,199,000.00 | $2,199,000 | $778.13 | 1 |
1801 Long Beach Blvd | Beach Haven | North Beach Haven | 11/18/2022 | $1,599,000.00 | $1,450,000 | $1,056.85 | 0.90682 |
203 18th | Long Beach Township | North Beach Haven | 11/22/2022 | $1,249,900.00 | $1,420,000 | $761.80 | 1.13609 |
North Beach Haven Real Estate Market and LBI NJ Real Estate Market Home Sale Information — 2022 Year in Review
2022 was a normalization year: fewer fireworks than 2021, yet prices and $/SqFt held onto most of the prior run‑up—key for long‑term value on LBI. Competition remained very challenging for buyers in the LBI real estate market, and North Beach Haven was no exception. Going forward, the market remains competitive with low inventory and high demand in all parts of the Long Beach Island real estate home sale market.
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
