North Beach LBI Real Estate Market Report — 2021
- Jan 28
- 3 min read
North Beach LBI Real Estate Market Report — 2021
North Beach Real Estate and LBI Real Estate Market Overview
The North Beach real estate market on LBI reached peak competitiveness in 2021. Extremely limited inventory collided with unprecedented buyer demand, pushing prices, PPSF, and list‑to‑sale ratios to all‑time highs. Properties in the LBI real estate market and the North Beach real estate market often sold within days of hitting the market, and bidding environments became increasingly common. For many, this year represents the pinnacle of the post‑2020 surge.
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 (2021)
Closed Sales
A total of 20 homes sold in North Beach—down significantly from 2020, but only because inventory could not keep pace with demand.
Total Dollar Volume
Despite a lower sales count, the market produced an impressive $43,043,500 in volume.
North Beach LBI Sales Prices (2021)
Average & Median Sale Prices
Average Sales Price: $2,152,175
Median Sales Price: $1,735,000
These are dramatic jumps from 2020 and reflect the dominance of high‑end transactions during the year.
Highest & Lowest Sales
Highest Sale: $5,801,000 (1035 Long Beach Blvd)
Lowest Sale: $952,000 (1108‑A Long Beach Blvd)
2021 became the first year where even the lowest sale approached the $1M threshold.
Price Per Square Foot in North Beach (2021)
PPSF Metrics
Average PPSF: $880.24
Median PPSF: $693.98
Range: $433.91 to an outlier $3,625.63
The surge in PPSF underscores the premium placed on modern luxury construction and ocean‑adjacent locations.
With an average ratio of 99.56%, North Beach experienced near‑perfect list‑to‑sale alignment—an unmistakable indicator of extreme competition.
Address | Town | Section | Sale Date | Listing Price | Sales Price | PPSF | List/Sale Price Ratio |
1003-C Long Beach Blvd #C | Long Beach Township | North Beach | 1/20/2021 | $2,798,000.00 | $2,675,000 | $681.70 | 0.95604 |
1042-C Long Beach Boulevard #C | Long Beach Township | North Beach | 1/29/2021 | $1,200,000.00 | $1,125,000 | $565.90 | 0.9375 |
1013 - B Long Beach | Long Beach Township | North Beach | 2/3/2021 | $2,999,000.00 | $2,995,000 | $730.49 | 0.99867 |
1016-B Long Beach Blvd #B | Long Beach Township | North Beach | 2/19/2021 | $1,849,999.00 | $1,775,000 | $606.22 | 0.95946 |
1023-B Long Beach Blvd | Long Beach Township | North Beach | 2/25/2021 | $1,489,000.00 | $1,465,000 | $604.37 | 0.98388 |
1082-E Long Beach Blvd | Long Beach Township | North Beach | 3/15/2021 | $1,824,000.00 | $1,824,000 | $785.19 | 1 |
1013-A Long Beach Boulevard #A | Long Beach Township | North Beach | 3/16/2021 | $1,195,000.00 | $1,280,000 | $1,212.12 | 1.07113 |
1124-A Long Beach | Long Beach Township | North Beach | 3/31/2021 | $1,345,000.00 | $1,300,000 | $433.91 | 0.96654 |
1018-B Long Beach Blvd #B | Long Beach Township | North Beach | 5/5/2021 | $1,099,000.00 | $999,000 | $578.13 | 0.90901 |
1106-G Long Beach | Long Beach Township | North Beach | 5/18/2021 | $1,445,000.00 | $1,445,000 | $742.55 | 1 |
1035 Long Beach Blvd | Long Beach Township | North Beach | 6/9/2021 | $5,950,000.00 | $5,801,000 | $3,625.63 | 0.97496 |
1108-A Long Beach Blvd | Long Beach Township | North Beach | 7/9/2021 | $799,900.00 | $952,000 | $660.19 | 1.19015 |
1046-C-2 Long Beach Blvd #C-2 | Long Beach Township | North Beach | 7/16/2021 | $1,495,000.00 | $1,495,000 | $622.92 | 1 |
1046-C-1 Long Beach Blvd #C-1 | Long Beach Township | North Beach | 7/16/2021 | $1,495,000.00 | $1,495,000 | $622.92 | 1 |
1049-B Long Beach Boulevard #B | Long Beach Township | North Beach | 8/2/2021 | $2,725,000.00 | $2,725,000 | $677.52 | 1 |
1126-E Long Beach Blvd | Long Beach Township | North Beach | 9/17/2021 | $4,995,000.00 | $4,872,500 | $1,218.13 | 0.97548 |
1086-A Long Beach Blvd. | Long Beach Township | North Beach | 10/15/2021 | $1,795,000.00 | $1,775,000 | $881.33 | 0.98886 |
1098-I Long Beach Blvd | Long Beach Township | North Beach | 11/15/2021 | $2,550,000.00 | $2,550,000 | $774.37 | 1 |
1070 Long Beach #D | Long Beach Township | North Beach | 12/7/2021 | $1,695,000.00 | $1,695,000 | $706.25 | 1 |
1094-B Long Beach Blvd #B | Long Beach Township | North Beach | 12/13/2021 | $2,800,000.00 | $2,800,000 | $875.00 | 1 |
North Beach LBI Real Estate Market Report — 2021
No year better represents the peak of the LBI seller’s market than 2021. Pricing, PPSF, and buyer urgency reached unprecedented heights. North Beach’s low density and exclusive character amplified these dynamics, setting new market expectations that would echo for years to come.
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
