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See Our Avalon Showcase Properties
434 7th St.

Nearly new, beautifully furnished & accessorized and just a short block to the islands finest beaches this expansive showplace is ready for summer fun! Special features include ocean view, 5 suites with bath plus 2 powder rooms, poolside family room with wet bar, open kitchen with maple cabinetry and granite tops, gas fireplace, multiple decks,
maple wood floors, large in-ground pool,
integrated audio system and flat panel TV's.
Property rented for most of the 2008 season.
$2,495,000  Details

 

This brand new beauty...7th property from one of the widest beaches on the island and a short walk to shops, dining, and recreation / playground. Spacious 2 1/2 story design with hardwood floors, abundant granite and tile, volume ceilings, private 3rd level master suite, in-ground pool with stone accents, maintenance free exterior and integrated home entertainment system with 2 50" LCD/HD sets
and XM satellite radio with Ipod capability.
Sold furnished less exclusions.
$2,700,000  Details

     

Beach block year around condo at the Mediterranean in beautiful North Wildwood. Nice kitchen, living area, dining area with one bedroom and one bath. Spacious sun deck, pool, on site laundry facilities, assigned off street parking and best of all just steps to the beach/ocean. Super family getaway and/or investment rental property.
  $191,000  Details

 

Don't miss this opportunity to own a three level town home with bay views and an updated
low-maintenance exterior. A short walk to restaurants and docking facilities makes this perfect for family fun at the shore. Being sold furnished. Tax records address is 696-21st Street c/s.
 
$549,000  Details

     

This beautiful brand new custom home is centrally located a short walk to the beach, shops, dining and recreation. The spacious floor plan
allows 4 bedroom,4 1/2 baths, open kitchen
with granite tops and family/tv room.
Special features include: hardwood flooring, tiled baths, gas fireplace maintenance free exterior, swimming pool and poolside cabana.
 
$2,495,000  Details

 

Tuxedo Point, a massive site (nearly 15,000 square feet) with over 220’ of water frontage facing the “Great Channel” and “Stone Harbor Basin” offers nearly 6,000 square feet of meticulously designed and crafted living space with expansive views of
the bay, wetlands and sunset. The inviting outdoor living and pool area is perfect for entertaining
or family fun, and the boat dock area will accommodate four to five of your watercraft.
  $10,500,000  Showcase

     

Situated on a spacious 60' x 110' corner location just a short walk to the beach, shops & dining this spectacular custom home was completed in 2005 and never rented. Expansive floor plan offers 5 br, 4 1/2 creatively custom tiled baths, 1st floor family room w/wet bar, large open kitchen with Thomas cabinetry & dramatic wood inlaid turreted ceiling, 2nd floor kids game/tv room, beautiful master suite with massive walk-in shower & custom tile.
$2,450,000  Details

 

This is it! Stone Harbors largest available oceanfront property. Don't miss the opportunity to own this expansive, well maintained contemporary on a 75' x 110' site in the heart of Stone Harbor. Park your car and enjoy the short walk to every imaginable activity or relax on your deck overlooking the dunes, beach and ocean. This is a truly special opportunity.


$5,950,000  Details

     

Asher plans for a beautiful new home are included with this exceptional opportunity. Nestled in Avalon’s secluded lagoons and boasting one of the most breathtaking views (bay, wetlands, sunsets and boats) the island has to offer this is a truly special location. Call today to begin your life on the bay! $3,495,000  Details

 

This is an excellent value & outstanding opportunity to own a brand new beautifully designed and constructed 3 story townhome on the bay! Special features include a new bulkhead, new floating dock w/one boat slip, granite counters & wood floors. The protected harbor setting is ideal for playing in the bay.   $1,249,000  Details

     

New in 2007, lovely 3,800 sq. ft. home with beautiful bay views. Four large bedrooms; 3 baths; great room with gas fireplace, 15 ceilings and sound system; large family room. Oversized garage, CertainTeed siding, Anderson windows, upgraded kitchen with granite countertops and more.
Includes 16 property on the bay
(across the street) with a deep boat slip.
$1,295,000  Details

 

This centrally located duplex boasts a variety of recent upgrades including tile and hardwood floors, new windows, recently remodeled bathrooms, brand new2nd floor kitchen with granite countertops and new appliances. Take in the spectacular views from the 1st and 2nd floor decks that span the width
of the property.  Also included are 2 boat slips with easy access to the Intra Coastal Waterway!
  $1,199,000 Details

     

Six potential rooftop units are available in this prime commercial location in the heart of stone harbors town center. Approvals required. 239 96th street rooftop is also available and the package price is $900,000. Golf course business Does not convey if purchased separately.   $490,000  Details

 

Great commercial development opportunity in the heart of Stone Harbor's Town Center.
Approvals Required. 224 96th Street rooftop is also available and the package is $900,000.
 
  $590,000  Details

     

 Charming updated and expanded Cape Cod, on a 6700 sq. ft. lot in a tranquil neighborhood with bay view potential. This 2000 sq. ft. home offers six bedrooms, three full baths, large living room with fireplace, cathedral ceiling with exposed beam, large kitchen, family room with fireplace plus small kitchen and loft. The private rear 10' x 48' deck with awning runs the length of the house. Additional features include hardwood floors and ceiling fans throughout, gas heat, central A/C, oversized lot and basketball court. This home is in immaculate condition! Being sold furnished, less personal items.

Property is a single family with an attached apartment. $1,295,000  Details

 

 Don't miss the opportunity to own one of the Island's most stunning bay front views. The natural wonderland includes bay, wetlands & mature growth with nesting birds. Nestled in Avalon's sought after lagoons this spacious 2 story home has been well maintained and offers the possibility of personal use, rental or redevelopment.

Architect Mark Asher has prepared conceptual floor plans and renderings, which are included along with N.J. waterfront development permits.

This is a special opportunity.
Call today for more information.
$2,795,000

     

Perfect investment property in this well
maintained complex just 1 block from the
beach with award winning bar & restaurant on the premises. New bathroom in 2006, new windows, doors & exterior for summer of 2007.
 
$268,900  Details

 

 This almost new 2.5 story showplace is located just one block to the islands finest beaches
and a short bike ride to dining and recreation.
Special features include: in-ground pool, decorator furniture, hardwood floors, maintenance free exterior and beautiful custom tile work.
$2,495,000  Details

     

 This spacious upside down home is ideally situated in Avalon's south end a short walk to beach, bay, recreation and dining. Beautifully furnished and decorated and offering features including a large family room w/wet bar and wine storage, screened porch, bay views, extensive ceramic tile, 3rd floor loft and maintenance free exterior. This is an excellent value! $1,465,000  Details  

 

This is an excellent opportunity to affordably own a beautifully renovated townhome with spectacular views of the bay, wetlands & sunset. Nearly every interior inch of this upside down space is brand new including the kitchen with granite counter tops, baths and beautiful wood & tile floors. This property is fee-simple with no condo fees.
$799,000  Details

     

Unique Bayfront Avalon Boathouse (c. 1994) & Street Front Guest House (c.1966) on one lot. A Non-Conforming Duplex which offers in the Boathouse: (1) Bed, (1.5) Bth, 2 Level Kitchen/Dining Area & step-up Living room all on the Bay. In the Front Guest House there is (4) Bed, (1.5) Bth, with Living room & front game room area.  Both Properties being offered Mostly Furnished.
$2,250,000   Showcase  Details

 

What an opportunity to own a truly special property! The beautifully landscaped oversized corner site in Avalon’s sought after south-end beach block is just the beginning. The expansive 4 BR, 4Bath upside down home exudes warmth, charm and quality while offering ocean views from both front and back decks.


$2,695,000  Details

     

  Spacious new construction centrally located near beach, shops, dining & recreation. Features include: Beautiful decorator furnishings, maintenance free exterior, gas fireplace, open kitchen w/granite tops, extensive tilework, family room, multiple decks
and a private third floor master suite.
Owner is licensed New Jersey Real Estate Agent.

Seller would consider trade.   $1,695,000

 

Great corner location one block to the beach in the quiet north-end of Avalon. Existing building is a non-conforming duplex with a total of 6 bedrooms and 2 baths. Excellent rental history. Take advantage of the opportunity to build your dream home on this great spot. Sold furnished. Call for Appointment.

$1,495,000  Details

 

This is it! Avalon's only available beach block duplex. Just 2 houses to the beach and boardwalk. This location offers beautiful ocean views from the expansive 2nd floor deck and inside the upper unit. Each unit has been lovingly updated with refinished original pine floors, recently added kitchens and baths, and interior doors, trim and paint.
Appliances and HVAC are also recent upgrades.
Sold furnished. Great income potential. $1,950,000

See Our Showcase Properties
 
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Avalon Market History
 
Oceanfront Market Update
 
Active Market Snapshot
 
Sold Market Analysis
 

 

 
Sold Market Analysis
AVAILABLE PROPERTIES  As of January 15, 2008
  Listings Avg. Price Median Price DOM
         
Single Family        
Avalon 188 $2,248,973 $1,972,500 251
Avalon Manor 16 $1,078,931 $ 955,000 257
Stone Harbor 102 $2,515,775 $2,395,000 195
Stone Harbor Manor 3 $ 646,867 $ 699,000 248
SUB TOTAL 309 $2,260,904 $1,995,000 233
         
Lots / Land        
Avalon 18 $1,837,833 $1,492,500 315
Avalon Manor 9 $ 718,867 $ 679,000 271
Stone Harbor 9 $2,155,333 $1,849,000 294
Stone Harbor Manor 1 $ 955,000 $ 955,000 125
SUB TOTAL 37 $1,620,103 $1,289,000 294
         
Multi-Family Duplex        
Avalon 9 $1,245,666 $1,119,000 325
Stone Harbor 17 $1,645,765 $1,595,000 340
SUB TOTAL 26 $1,507,269 $1,447,000 335
         
Multi-Family Four-Plex        
Avalon 1 $1,990,000 $1,990,000 125
         
Multi-Family Triplex        
Avalon 1 $2,695,000 $2,695,000 138
Stone Harbor 1 $4,000,000 $4,000,000 548
SUB TOTAL 2 $3,347,500 $3,347,500 343
         
Condo        
Avalon 44 $658,292 $649,500 232
Stone Harbor 35 $722,483 $699,000 293
Stone Harbor Manor 3 $826,667 $775,000 309
SUB TOTAL 82 $691,851 $694,000 260
         
Townhouse        
Avalon 83 $1,049,539 $899,000 294
Stone Harbor 19 $1,159,469 $1,049,000 197
Stone Harbor Manor 1 $749,000 $749,00 308
SUB TOTAL 103 1,066,899 $945,000 279
         
All Available Units 561 $1,736,283 $1,349,000 254
 
Current Market Snapshot
SOLD MARKET ANALYSIS Avalon/Stone Harbor 2007 4th Quarter
  Sales Avg. Price Median Price Avg. DOM Active Median Price
         
Single Family            
Avalon 19 $1,762,500 $1,400,000 266 198 $1,992,500
Avalon Manor - - - - 17 $1,015,000
Stone Harbor 15 $970,347 $1,962,500 326 111 $2,300,000
Stone Harbor Manor 1 $560,000 $560,000 54 3 $699,000
TOTALS 35 $1,817,220 $1,550,000 286 329 $1,995,000
             
Lots / Land            
Avalon - - - - 17 $1, 690,000
Avalon Manor - - - - 9 $679,000
Stone Harbor 1 $865,000 $865,000 141 9 $1,849,000
Stone Harbor Manor - - - - 1 $995,000
TOTALS 1 $865,000 $865,000 141 36 $1,292,000
             
Multi-Family            
Avalon - - - - 11 $1,195,000
Stone Harbor 1 $865,000 $865,000 141 19 $1,595,000
TOTALS 1 $865,000 $865,000 141 30 $1,530,000
             
Condo/Townhouses            
Avalon 14 $700,279 $717,000 164 134 $849,000
Stone Harbor 6 $659,417 $654,500 170 61 $775,000
Stone Harbor Manor 2 $742,500 $752,500 144 4 $773,000
TOTALS 22 $692,973 $687,500 164 199 $799,000
             
TOTAL LISTINGS 59 $1,365,731 $940,000 235 598 $1,299,000
 
Current Market Snapshot
YEAR END SOLD MARKET ANALYSIS Single Family By Location 2006-2007
Price Range By Location   Total Market Price Summary   All Sold Listings   Number of Sales
 

Sales

 

Avg. Price

 

Median Price

  2006 2007 2006 2007 2006 2007
Beachfront            
Avalon 9 3 5,152,777 6,875,000 4,600,000 4,450,000
Stone Harbor 2 4 4,975,000 4,273,750 4,975,000 4,072,500
TOTAL 11 7 5,120,545 5,388,571 4,700,000 4,450,000
             
Beachblock            
Avalon 8 22 2,871,875 2,688,682 2,937,500 2,625,000
Stone Harbor 7 2 2,866,428 3,212,500 3,200,000 2,312,500
TOTAL 15 24 2,869,333 2,732,333 3,200,000 2,625,000
             
Bayfront            
Avalon 20 14 3,499,700 2,894,643 3,284,500 3,000,000
Avalon Manor 1 2 975,000 1,000,000 975,000 1,000,000
Stone Harbor 4 9 3,233,750 2,706,778 2,957,500 1,950,000
Stone Harbor Manor 1 1 310,000 725,000 310,000 725,000
             
TOTAL 26 26 3,356,100 2,392,731 3,172,000 2,450,000
 
Current Market Snapshot
YEAR END SOLD MARKET ANALYSIS By Location & Price 2006-2007
Single Family By Location   Total Market Price Summary   All Sold Listings   Number of Sales
Price Range

Sales

  2006 2007
Beachfront    
$2 million - $2,999,999 0 1
$3 million - $3,999,999 3 0
$4 million - $4,999,999 3 4
$5 million and up 5 3
Total 11 8
     
Beachblock    
Up to $2 million 3 3
$2 million - $2,999,999 4 11
$3 million - $3,999,999 8 7
$4 million - $4,999,999 0 2
$5 million and up 0 1
Total 15 24
     
Bayfront    
Up to $2 million 6 12
$2 million - $2,999,999 6 6
$3 million - $3,999,999 7 6
$4 million - $4,999,999 4 1
$5 million and up 3 1
Total 26 26
 
All Condo-Townhouse Market At A Glance

7%

2006 vs. 2007

42%

     
Stone Harbor Market At A Glance

15%

2006 vs. 2007

 
Single-family

40%

12%

Condo/
Townhouse

39%

     
 
 

Avalon/Stoneharbor Market History
Soaring Real Estate Market at the Shore

 
  
An article published in the Philadelphia Inquirer on Tuesday, June 15, talked about the soaring Real Estate Market at the shore.  We gathered some of the excerpts that may be of interest to you.

"Things are heating up at the Shore...We're talking real estate.  The fastest growing, highest-priced housing market around here is by the sea, by the sea, by the beautiful sea."

"Demand continues to grow, but there's only so much land, especially beachfront, so the values go up, up, up..."

"Cape May County showed the biggest gain in median home price ~ 77% adjusted for inflation from last year."

"Unlike real estate markets in the Philadelphia metropolitan area, the Shore housing market has two strong components: buyers looking for primary residences and those purchasing second homes for vacation or investment."

"You have the baby boomers and retirees wanting to move here because of the quality of life.  That all adds up to incredible demand right now." *Source: Philadelphia Inquirer 6/15/04

 

Market  Update 2007 Sales:

Positive Momentum Continues! The pace of sales continues to out perform last years market!!
 
YTD Single Family:

165 in 2007  vs.   158 in 2006

Market Update 2006 Sales:

Total sales were down 48%, the average sale price is up nearly 24%...
In Avalon, the average sale price for a single-family home was up an astounding 42% (median +21%) over the same time last year. Stone Harbor is down only 1.5% while the median price is up 16%.  The average price for a condo/townhouse in Avalon was up by 22%.
There have been 63% more sales over $3 million in Avalon and 67% more sales over $4 million on the island.
We achieved a record-setting $9 million sale handled by the Avalon Real Estate Agency.
We had one $5 million bay front sale in Avalon and we have a property with a $5.5 million list price under contract in Stone Harbor.
Single-family home sales under $3 million are down 58% on the island.
Bay front sales are up 33% in Avalon and are flat in Stone Harbor. The average sale price is up 35% in Avalon and down 13% in Stone Harbor.
Beach front sales are up 150% in Avalon, with an average sale price of $5,260,000, a 28% increase. No Stone Harbor beach fronts have sold yet in 2006, although one is under contract. In 2005, one beach front property in Stone Harbor sold for $4.2 million.
The Avalon Real Estate Agency's nearly 75% market share in beach front sales is more than four times the number-two agency.
While beach block sales are down 59%, the average sale price is up 32%, a function of high demand for quality locations. The Avalon Real Estate Agency leads all agencies in securing beach block buyers with a 48% market share (by dollar volume).
 

Oceanfront Market Update 2005 Sales:

The oceanfront market continues to perform well with 23% increases over a record setting 2004 in both average and median sale prices as of 12/31/2005.
Avalon has transferred 14 properties as compared to 13 this time last year at an average of $4,355,000 and median of $4,043,000.  One oceanfront property has sold in Stone Harbor at $4,200,000 (full price) this year as compared to 5 last year.
Properties have sold a bit quicker in 2005 at 178 days vs. 241 days in 2004.  Avalon's low sale for 2005 is $2,185,000 and $7,480,000 is the high sale.
R.J. Soens was personally involved in 30% of the above sales this year (first place tie) and Avalon Real Estate was involved in 50%.
 


 








 

 

 

   
 

Current Market Snapshot
YEAR END SOLD MARKET ANALYSIS Total Market Price Summary 2006-2007
Single Family By Location   Price Range By Location   All Sold Listings   Number of Sales
All Single-Family Market At A Glance

12%

2006 vs. 2007

6%

 

 

   

 
Good News!

All available inventory
is down nearly 10%
since October 2007
 

     

 

 
Market Price

Sales

2006 2007
Single Family    
Up to $1 million 27 42
$1 million - $2 million 75 73
$2 million - $3 million 27 33
$3 million - $4 million 21 19
$4 million and up 15 8
     
Condo/Townhouse    
Up to $500,000 37 53
$500,000 - $700,000 66 120
$700,000 - $1 million 79 88
$1 million and up 18 20
  12 14
 
Current Market Snapshot
YEAR END SOLD MARKET ANALYSIS All Sold Listings 2006-2007
Single Family By Location   Price Range By Location   Total Market Price Summary   Number of Sales
  Units Avg. Price Median Price
2006 406 1,389,000 968,000
2007 498 1,192,000 837,000
       
 
Current Market Snapshot
YEAR END SOLD MARKET ANALYSIS Number of Sales 2006-2007
Single Family By Location   Price Range By Location   Total Market Price Summary   All Sold Listings
Avalon Market At A Glance

12%

2006 vs. 2007

 
Single-family

6%

5%

Condo/
Townhouse

58%

 

2007 Year End Market History
Avalon sales in all categories

Year Units Sold Avg. Sale Price +941%
2007 165 $1,613,000
2006 158 $1,883,000
2005 302 $1,458,342
2004 351 $1,348,000
2003 313 $988,191
2002 344 $756,565
2001 245 $711,553
2000 314 $665,200
1999 348 $455,100
1998 348 $357,500
1997 354 $356,300
1996 290 $285,451
1995 262 $303,111
1994 214 $285,498
1993 202 $305,715
1992 230 $300,807
1991 220 $303,790
1990 224 $339,660
1989 256 $318,270
1988 389 $281,370
1987 315 $214,750
1986 286 $191,450
1985 231 $267,450
1984 226 $158,890
1983 228 $158,160
1982 233 $154,890
 

 
Number of Sales 2006 2007
Single Family    
   Avalon 106 99
   Avalon Manor 2 3
   Sea Isle City 14 11
   Stone Harbor 43 60
   Stone Harbor Manor 1 3
   TOTAL 166 176
     
Condo/Townhouse    
   Avalon 40 63
   Sea Isle City 136 213
   Stone Harbor 33 20
   Stone Harbor Manor 2 3
   TOTAL 211 299
 
Average Price 2006 2007
Single Family    
   Avalon 2,383,793 2,092,338
   Avalon Manor 871,500 853,333
   Sea Isle City 998,837 1,003,132
   Stone Harbor 2,260,221 1,984,000
   Stone Harbor Manor 310,000 595,000
   OVERALL AVG. 2,204,269 1,942,271
     
Condo/Townhouse    
   Avalon 884,000 843,000
   Sea Isle City 805,000 731,000
   Stone Harbor 676,174 596,000
   Stone Harbor Manor 765,000 862,000
   OVERALL AVG. 799,481 747,000
 
Median Price 2006 2007
Single Family    
   Avalon 1,864,000 1,795,000
   Avalon Manor 871,500 560,000
   Sea Isle City 950,000 815,000
   Stone Harbor 1,900,000 1,617,000
   Stone Harbor Manor 310,000 560,000
   TOTAL 1,800,000 1,595,000
     
Condo/Townhouse    
   Avalon 750,000 843,000
   Sea Isle City 775,000 703,000
   Stone Harbor 640,000 604,000
   Stone Harbor Manor 765,000 860,000
   TOTAL 760,000 705,000
 
Average Days on Market 2006 2007
Single Family    
   Avalon 212 223
   Avalon Manor 270 285
   Sea Isle City 195 160
   Stone Harbor 202 263
   Stone Harbor Manor 316 130
   TOTAL AVERAGE 209 232
 
 
R.J. Soens
Broker/Sales Representative

Avalon Real Estate
Serving Avalon, Stone Harbor and Sea Isle City Since 1962

30th & Dune Drive
Avalon, New Jersey 08202

Phone: 609-967-0466

Toll Free: 877-746-7355
Fax: 609-967-3057
Send R.J. E-Mail
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Maps:   Avalon Stone Harbor Sea Isle City

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