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Long Beach Island New Jersey Real Estate Market Updates and Information

North Beach LBI Real Estate Market Report — 2024

  • Nathan Colmer
  • 3 hours ago
  • 3 min read

North Beach Real Estate and Long Beach Island Real Estate Market Report — 2024


LBI Real Estate Market and North Beach Real Estate Home Sales Overview


The North Beach real estate market surged again in 2024, fueled by renewed demand for high‑end coastal properties and limited available inventory. Buyers returned with confidence, driving significant appreciation, particularly at the luxury end. With multiple eight‑figure properties trading hands, the year showcased the strength and exclusivity of the North Beach real estate market on Long Beach Island.


By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group  

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com  



North Beach Real Estate and Long Beach Island Real Estate Market Report — 2024
North Beach Real Estate and Long Beach Island Real Estate Market Report — 2024

North Beach LBI Sales Volume (2024)


Closed Sales

North Beach recorded 16 sales, a slight decline but still consistent with recent years, given the tight supply.


Total Dollar Volume

Sales volume soared to $64,951,300, the highest of any year analyzed.


North Beach LBI Sales Prices (2024)

Average & Median Sale Prices

  • Average Sales Price: $4,059,456

  • Median Sales Price: $2,949,500

These gains demonstrate a heavy concentration of luxury transactions.


Highest & Lowest Sales

  • Highest Sale: $9,400,000 (1095 Long Beach Blvd #B)

  • Lowest Sale: $1,650,000 (1082‑C Long Beach Blvd)

The lowest price point exceeded prior-year medians, illustrating an upward shift in the entire price curve.


Price Per Square Foot and List to Sales Price Ratios in North Beach (2024)


PPSF Metrics

  • Average PPSF: $1,069.01

  • Median PPSF: $1,037.48

  • Range: $580.99 to $1,657.20

Crossing the $1,000/SF average threshold marks a milestone for North Beach and reflects its position as one of LBI’s premier luxury corridors.


Homes achieved an average of 97% of the asking price, highlighting consistent demand for premium North Beach real estate offerings.


Address

Town

Section

Sale Date

Listing Price

Sales Price

PPSF

List/Sale Price Ratio

1012-F Long Beach

Long Beach Township

North Beach

3/18/2024

$2,599,000.00

$2,599,000

$1,264.72

1

1035-C Long Beach

Long Beach Township

North Beach

3/18/2024

$7,499,999.00

$7,000,000

$1,126.31

0.93333

1010-G Long Beach Blvd

Long Beach Township

North Beach

4/29/2024

$4,850,000.00

$4,850,000

$1,107.81

1

1027-C Long Beach

Long Beach Township

North Beach

5/13/2024

$8,999,900.00

$8,500,000

$1,170.96

0.94445

1046 A Long Beach Blvd.

Long Beach Township

North Beach

5/22/2024

$4,100,000.00

$3,960,000

$1,018.78

0.96585

1104-I Long Beach

Long Beach Township

North Beach

6/14/2024

$1,879,000.00

$1,842,000

$788.53

0.98031

1092-B (West) Long Beach Blvd

Long Beach Township

North Beach

9/6/2024

$2,395,000.00

$2,350,000

$940.00

0.98121

1096-C Long Beach Blvd

Long Beach Township

North Beach

9/6/2024

$3,850,000.00

$3,850,300

$1,013.24

1.00008

1123-C Long Beach

Long Beach Township

North Beach

9/12/2024

$3,750,000.00

$3,300,000

$1,390.06

0.88

1092-B (East) Long Beach Blvd

Long Beach Township

North Beach

9/16/2024

$2,395,000.00

$2,350,000

$940.00

0.98121

1082-C Long Beach Blvd

Long Beach Township

North Beach

9/25/2024

$1,499,000.00

$1,650,000

$859.38

1.10073

1033-A Long Beach

Long Beach Township

North Beach

9/25/2024

$2,100,000.00

$2,100,000

$911.46

1

1093-C Long Beach Blvd

Long Beach Township

North Beach

9/27/2024

$8,499,999.00

$7,800,000

$1,278.48

0.91765

1076-C Long Beach Blvd

Long Beach Township

North Beach

10/18/2024

$1,695,000.00

$1,650,000

$580.99

0.97345

1013-A Long Beach

Long Beach Township

North Beach

12/16/2024

$1,839,000.00

$1,750,000

$1,657.20

0.9516

1095 Long Beach Blvd #B

Long Beach Township

North Beach

12/16/2024

$10,000,000.00

$9,400,000

$1,056.18

0.94


North Beach Real Estate and Long Beach Island Real Estate Market Report — 2024


The 2024 North Beach real estate market reaffirmed the neighborhood’s position at the top of the LBI luxury landscape. With record-high averages, strong PPSF performance, and continued scarcity, North Beach remains one of the most insulated and desirable areas on the island. The year’s performance suggests ongoing strength driven by lifestyle appeal, build quality, and limited land availability.


Buying or selling on Long Beach Island is different from anywhere else, and having the right guidance matters with such a significant investment. I'm Nathan Colmer, a local LBI real estate agent with over 20 years of experience helping buyers and sellers make informed decisions, especially when it comes to second homes and investment properties.

As both a real estate professional and an active investor in the LBI real estate market, I offer insight beyond listing details. Whether you're looking for a vacation home, exploring investment options, or ready to list your property, I take a personalized, hands-on approach to help you navigate the process with confidence.


By: Nathan Colmer | LBI Real Estate Agent | The Van Dyk Group  

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com  


Nathan Colmer

C: 609-290-4293 O: 609-492-1511 Email Me

I’m Nathan Colmer, a full-time resident and real estate agent specializing in the Long Beach Island (LBI) market. I am also the writer of every blog and update on this website! With years of experience helping buyers, sellers, and investors navigate the unique LBI real estate landscape, I provide expert guidance, market insights, and personalized strategies to make your real estate goals a reality. Whether you’re searching for a vacation home, selling your property, or exploring investment opportunities, I’m here to help you every step of the way.

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