North Beach LBI Real Estate Market Report — 2020
- Nathan Colmer
- 3 hours ago
- 5 min read
North Beach LBI Real Estate Market Report and Long Beach Island Real Estate Market Information — 2020
LBI Real Estate Market Overview
In 2020, the North Beach real estate section of Long Beach Island transitioned from a steady, balanced market to a highly energized one. Fueled by lifestyle shifts, remote work, and historically low interest rates, buyer demand surged dramatically. North Beach real estate, with its low‑density setting and highly coveted beach access corridors, became one of the most sought‑after LBI destinations. The year marked the beginning of a sustained period of rapid price appreciation and competitive bidding.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
North Beach LBI Sales Volume (2020)
Closed Sales
North Beach real estate recorded 35 total sales, an 84% increase from the prior year—an enormous jump in activity and a clear marker of accelerating demand.
Total Dollar Volume
The area generated $51,845,250 in sales volume—nearly double that of 2019—reflecting both increased activity and stronger pricing.
North Beach LBI Sales Prices (2020)
Average & Median Sale Prices
Average Sales Price: $1,481,293
Median Sales Price: $1,225,000
Even with the surge in activity, pricing in the North Beach real estate market remained relatively measured compared to the explosive gains of 2021 in the rest of the LBI real estate market, although the median moved decisively above the $1.2M mark.
Highest & Lowest Sales
Highest Sale: $3,300,000 (1071‑C Long Beach Blvd)
Entry‑Level Sale: $640,000 (1078 Long Beach Blvd #B)
The spread reflects a broadening appeal across buyer profiles, from entry-level purchasers to luxury-focused clients.
Price Per Square Foot in the North Beach Real Estate Market (2020)
PPSF Metrics
Average PPSF: $598.25
Median PPSF: $567.21
Range: $295.28 to $1,215.41
The rise in PPSF—up nearly 14% from 2019—signals the earliest stages of structural price increases that would define the next two years on Long Beach Island.
Homes sold for an average of 97% of list price, indicating that leverage had begun to shift toward sellers as competitive conditions intensified.
Address | Town | Section | Sale Date | Listing Price | Sales Price | PPSF | List/Sale Price Ratio |
1102-H Long Beach #H | Long Beach Township | North Beach | 1/23/2020 | $899,900.00 | $885,000 | $478.90 | 0.98344 |
1102-D Long Beach Blvd | Long Beach Township | North Beach | 2/18/2020 | $799,000.00 | $775,000 | $379.90 | 0.96996 |
1067- C Long Beach Blvd | Long Beach Township | North Beach | 5/4/2020 | $2,575,000.00 | $2,400,000 | $716.85 | 0.93204 |
1002-D Long Beach Blvd | Long Beach Township | North Beach | 5/13/2020 | $849,000.00 | $831,250 | $380.96 | 0.97909 |
1078-E Long Beach Blvd #2 | Long Beach Township | North Beach | 6/12/2020 | $1,149,000.00 | $1,050,000 | $437.50 | 0.91384 |
1072-C Long Beach Blvd | Long Beach Township | North Beach | 6/26/2020 | $789,000.00 | $750,000 | $295.28 | 0.95057 |
1104-I Long Beach Blvd | Long Beach Township | North Beach | 7/2/2020 | $1,398,000.00 | $1,325,000 | $567.21 | 0.94778 |
1106-F Little Bridge Rd. Long Beach Blvd. | Long Beach Township | North Beach | 7/15/2020 | $980,000.00 | $965,000 | $489.10 | 0.98469 |
1078 Long Beach Blvd #B | Long Beach Township | North Beach | 7/31/2020 | $639,000.00 | $640,000 | $358.74 | 1.00156 |
1001-A Long Beach Blvd | Long Beach Township | North Beach | 7/31/2020 | $849,000.00 | $849,000 | $610.79 | 1 |
2 S Lagoon Dr | Long Beach Township | North Beach | 8/12/2020 | $719,000.00 | $650,000 | $796.57 | 0.90403 |
1126-D Long Beach Blvd | Long Beach Township | North Beach | 8/28/2020 | $1,445,000.00 | $1,440,000 | $326.68 | 0.99654 |
1067-B Long Beach Blvd | Long Beach Township | North Beach | 9/8/2020 | $1,275,000.00 | $1,225,000 | $911.46 | 0.96078 |
1072-A Long Beach Blvd | Long Beach Township | North Beach | 9/10/2020 | $715,000.00 | $670,000 | $634.47 | 0.93706 |
1078-E Long Beach Blvd #1 | Long Beach Township | North Beach | 9/10/2020 | $1,149,000.00 | $1,100,000 | $458.33 | 0.95735 |
1071-C Long Beach Blvd. | Long Beach Township | North Beach | 9/14/2020 | $3,500,000.00 | $3,300,000 | $728.48 | 0.94286 |
1040-D Long Beach Blvd | Long Beach Township | North Beach | 9/17/2020 | $919,000.00 | $905,000 | $425.28 | 0.98477 |
1053b-Unit 2 Long Beach Blvd | Long Beach Township | North Beach | 9/29/2020 | $964,000.00 | $975,000 | $446.84 | 1.01141 |
1100-H Long Beach | Long Beach Township | North Beach | 10/2/2020 | $998,000.00 | $1,067,000 | $595.42 | 1.06914 |
1053b-Unit 1 Long Beach Blvd | Long Beach Township | North Beach | 10/6/2020 | $949,000.00 | $949,000 | $434.92 | 1 |
1093-C Long Beach Blvd | Long Beach Township | North Beach | 10/19/2020 | $2,975,000.00 | $2,700,000 | $912.16 | 0.90756 |
1001c Long Beach Blvd | Long Beach Township | North Beach | 10/20/2020 | $2,599,000.00 | $2,500,000 | $781.01 | 0.96191 |
1020-E Long Beach #E | Long Beach Township | North Beach | 10/30/2020 | $889,900.00 | $910,000 | $471.01 | 1.02259 |
1108e Long Beach Blvd | Long Beach Township | North Beach | 10/30/2020 | $1,350,000.00 | $1,325,000 | $476.79 | 0.98148 |
1061-A Long Beach #A | Long Beach Township | North Beach | 11/5/2020 | $1,895,000.00 | $1,840,000 | $791.06 | 0.97098 |
1058-B Long Beach #B | Long Beach Township | North Beach | 11/6/2020 | $899,000.00 | $950,000 | $494.79 | 1.05673 |
1050-B Long Beach #B | Long Beach Township | North Beach | 11/6/2020 | $1,449,000.00 | $1,400,000 | $634.35 | 0.96618 |
1038 Long Beach Blvd #G | Long Beach Township | North Beach | 11/9/2020 | $2,899,000.00 | $2,675,000 | $870.77 | 0.92273 |
1088-C Long Beach Blvd | Long Beach Township | North Beach | 11/11/2020 | $1,999,000.00 | $2,025,000 | $847.28 | 1.01301 |
1098-D Long Beach Blvd | Long Beach Township | North Beach | 11/20/2020 | $1,699,000.00 | $1,699,000 | $525.84 | 1 |
1127-A Long Beach #A | Long Beach Township | North Beach | 11/23/2020 | $1,499,000.00 | $1,425,000 | $465.69 | 0.95063 |
1009-C Long Beach #C | Long Beach Township | North Beach | 11/24/2020 | $1,495,000.00 | $1,495,000 | $754.67 | 1 |
1027-C Long Beach Blvd | Long Beach Township | North Beach | 11/25/2020 | $3,495,000.00 | $3,250,000 | $1,215.41 | 0.9299 |
1089-B Long Beach Blvd. #B | Long Beach Township | North Beach | 12/18/2020 | $2,899,999.00 | $2,700,000 | $643.78 | 0.93103 |
1123-B Long Beach #B | Long Beach Township | North Beach | 12/21/2020 | $2,475,000.00 | $2,200,000 | $580.47 | 0.88889 |
North Beach LBI Real Estate Market Report and Long Beach Island Real Estate Market Information — 2020
2020 marked a turning point for North Beach, ushering in a high‑demand environment that lifted PPSF, reduced negotiation room, and drastically increased transaction volume. The year stands as the foundation for the extraordinary appreciation that followed, officially ending the era of balanced market conditions in this highly desirable LBI neighborhood.
If your goal is to buy, sell, or invest wisely in the LBI real estate market, experience and local insight are essential. I'm Nathan Colmer, a Long Beach Island real estate agent with more than two decades of experience selling homes on the island, with a specialized focus on investment properties and second homes.
Because I personally invest in LBI real estate, I understand the financial considerations, risks, and opportunities unique to this market. From evaluating rental performance to identifying long-term value, I help clients develop clear, strategic plans—whether they're purchasing a vacation rental, expanding an investment portfolio, or positioning a property for sale.
By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
