Sunday, January 15, 2017

Renting or Selling in the Long Beach Island New Jersey Real Estate Market

Renting or Selling in the Long Beach Island New Jersey Real Estate Market




LBI NJ Real Estate

The Long Beach Island real estate market is predominantly comprised of second homes and vacation properties. This is vastly different than a primary market, and opens up a wide range of options to would be sellers. Usually, in a primary market, when you have outgrown or no longer use a home it is best to sell the property. However, in the Long Beach Island real estate market, if an owner would prefer not to sell their home, rentals are a very real possibility. Deciding to rent or sell your home in the LBI real estate market depends on your personal situation and your future plans. Renting a home can have several advantages such as:
  • The rental income can cover most or all of the expenses.
  • The property should appreciate overtime.
  • When renting a home with a mortgage, the tenants will essentially be paying down your property.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Monday, January 9, 2017

Flood Insurance Coverage on Long Beach Island

Flood Insurance Coverage on Long Beach Island


 
 

LBI NJ Real Estate

When buying a home in the LBI real estate market, flood insurance is a topic that comes up very frequently. Since Hurricane Sandy, flooding and the cost of flood insurance are in the forefront of nearly every buyer and seller’s mind on Long Beach Island. While it is extremely important to understand how a flood insurance policy is rated and what areas of Long Beach Island are more or less prone to flooding, it is also important to understand what is covered by flood insurance. Long Beach Island flood insurance coverage limits are an essential step to protecting your investment in the LBI real estate market.

By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Saturday, January 7, 2017

Long Beach Island Real Estate Market Oceanblock Sales

Long Beach Island Real Estate Market Oceanblock Sales


 

LBI NJ Real Estate

The real estate market on Long Beach Island has shown strong activity over the past several years. Location continues to be one of the primary determinants of value in the LBI real estate market, and ocean block homes are always in high demand. The close proximity to the ocean and the potential for water views continues to draw strong attention. Ocean block home sales in the Long Beach Island New Jersey real estate market clearly reflect these trends.

By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Wednesday, January 4, 2017

Vacant Land Sales in the LBI NJ Real Estate Market

Vacant Land Sales in the LBI NJ Real Estate Market





LBI NJ Real Estate

One of the best investments in the Long Beach Island real estate market can be building a new home. New construction not only allows for the complete design and personalization of a home, but if handled properly, anywhere from 20% to 30% immediate equity in the finished product as well. Of course to be able to build a new home, you first need a site to build on! Therefore, it is helpful to understand vacant land sales in the Long Beach Island New Jersey real estate market.

By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Tuesday, January 3, 2017

Changes to Long Beach Island New Jersey

Changes to Long Beach Island New Jersey

 

 

LBI NJ Real Estate

Over the past several years, Long Beach Island has witnessed a number of changes. Much of this has to do with the impact of Hurricane Sandy at the October of 2012, and the changes to flood insurance policies that followed. Together, these factors have prompted a wave of new construction and improvement to many houses. Changes to LBI New Jersey have a significant impact not only on buying habits in the Long Beach Island real estate market, but also to the overall look and feel of Long Beach Island.

Changes to Long Beach Island New Jersey


By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Affordable Homes in the Long Beach Island NJ Real Estate Market

Affordable Homes in the Long Beach Island NJ Real Estate Market



 

LBI NJ Real Estate

There is no question that single-family homes in the Long Beach Island real estate market are expensive, and with the average price being over $1 million, many question whether or not they can purchase their dream beach house. The good news is there are a number of affordable Long Beach Island real estate homes that can be purchased and maintained with minimal expense relative to the overall Long Beach Island real estate market.

Affordable Homes in the Long Beach Island NJ Real Estate Market


By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like:

Monday, January 2, 2017

Single Family Homes in the LBI NJ Real Estate Market Under $500,000

Single Family Homes in the LBI NJ Real Estate Market Under $500,000

 

 

LBI NJ Real Estate

The LBI real estate market is certainly not inexpensive, with the average price of a single-family home trading around $1 million. With such an intimidating price point, it is not surprising that many buyers feel they are priced out of the market. The good news is there are a number of excellent opportunities for Long Beach Island real estate single-family homes under $500,000 with affordable ownership costs. While it is true that many of these homes in this price point are teardowns and sold for land value only, there are some outstanding end-user homes too.

Single Family Homes in the LBI NJ Real Estate Market Under $500,000


By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
You May Also Like: