Long Beach Island Real Estate Bayfront Home Sales November 2022
Long Beach Island Real Estate
The bayfront home sale market on Long Beach Island offers a wide range of opportunities, but there can be drastic differences in the value of a bayfront home. Much like the oceanfront area of Long Beach Island, you need CAFRA approval to develop most sites, and the size and scope of that development can have a significant impact on the value of a home. Likewise, the ability to build a dock, and how large of a dock may be built, can swing the value of a bayfront home on Long Beach Island by several hundred thousand dollars! With so many factors to consider, determining an average value for a bayfront home in the LBI real estate market is rather difficult. That said, it is helpful to see how the bayfront market has been trending over the past several years.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
Click here to search all homes for sale in the Long Beach Island NJ real estate market
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