Thursday, May 26, 2016

Avalon/Stone Harbor NJ Weekly Update May 26, 2016



MEMORIAL DAY WEEKEND is upon us!  The Island is buzzing with activity as homeowners prepare for the season and visitors arrive to kick off the summer season.  Avalon & Stone Harbor will observe Memorial Day with parades and ceremonies on Monday.  See the event list below for details.

THE AJ MEERWALD, New Jersey’s tall ship, is back in the water after wintertime repairs were completed at Yank Marine, including hull repairs and electrical system upgrades.  The Meerwald will cruise the waters of New Jersey and New York through the fall.  In August, the Meerwald will visit Cape May and Atlantic City for tours and public sails.

SEASON BEACH TAGS are discounted through May 31st in Avalon & Stone Harbor.  If you’re here over Memorial Day Weekend, purchase your season tags for $22.  On June 1st, the cost of a season tag will rise to $27.
Finally!  It’s time to hang up your shoes and hit the beach!

VOTE FOR YOUR FAVORITE BEACH!  The New Jersey Sea Grant Consortium strives to protect and promote New Jersey’s marine and coastal resources.  Their “Favorite Beach” contest helps promote awareness of New Jersey’s beaches.  Cast your vote here:  http://njseagrant.org/njfavoritebeach/

IF DOLPHIN VIDEOS by Nik Pattantyus have amazed you before, check out this news story featuring Nik that appeared on NBC10 in Philadelphia!
http://www.nbcphiladelphia.com/news/local/Man-on-Paddleboard-Gets-Up-Close-Encounter-With-Dolphins-Off-Jersey-Shore_Philadelphia-379718821.html

SUMMER BUCKET LIST: What’s on yours?  Make a Summer Bucket List, then set aside some time to make things happen!  Whether you want to catch a sunrise on the beach or catch a fish with your grandchild, commit to making those memories this summer!

UPCOMING EVENTS: (View/Print Events List)


    Stone Harbor Beach Opening Ceremony, 95th Street Beach, 9:30 AM, Friday, May 27
    Stone Harbor Bird Sanctuary, volunteers needed for help with garden maintenance in the native plant gardens, meet at the Pump House at 3rd Avenue & 115th Street, 1-3:30PM, Friday, May 27
    Cape Regional Auxiliary Antique Show, Avalon Community Hall, antique show from Noon-4PM on Friday, May 27, preview gala at 6PM on Friday, May 27 & antique show from 9AM-4PM on Saturday, May 28
    Annual Turtle Trot 5K Run & 2 Mile Fun Walk, 95th & First Avenue, 6:45AM registration, 8AM race start, 8:05AM walk start, Sunday, May 29
    Stone Harbor Farmer’s Market, Water Tower Plaza, 8AM-12:30PM, Sunday, May 29
    Matthew Mullin Memorial Beach 5K Run & 1 Mile Fun Walk, all proceeds benefit Friends in Need organization, 30th Street & the Beach, 8:30AM,Sunday, May 29
    Avalon Memorial Day Parade, starts at 32nd Street & Dune down Dune Drive to Veteran’s Plaza for a ceremony, parade starts at 9AM, ceremony to follow, Monday, May 30
    Stone Harbor Memorial Day Parade, starts at bridge, down 96th Street to the Women’s Civic Club on the 96th Street beach for a service, parade starts at Noon, service to follow, Monday, May 30
    American Legion Post #331 Open House, 117th Street & Second Avenue, 1-4PM, Monday, May 30
    2016 Emergency Preparedness Conference presented by the Cape May County Office of Emergency Management & Atlantic City Electric, Avalon Community Center, 10AM-Noon, Wednesday, June 1
    Aviation Museum Runway 5K Run/Fun Walk & Bike, Cape May County Airport, bike preview 8:10-8:40AM, race starts at 9AM, Saturday, June 4
    Avalon Garden Club Flower Show, Avalon Community Hall, Noon, Saturday, June 4
    Stone Harbor Garden Club House Tour, 12:30-4PM, Saturday, June 4
    Avalon Performing Arts Council ‘Lights Out Tribute to Frankie Valli & the Four Seasons,’ Avalon Community Hall, 6:30PM doors open, 7PM show starts,Saturday, June 4
    7 Mile Island Restaurant Week, nearly 40 local establishments offering breakfast, lunch & dinner specials, Monday, June 6-Sunday, June 12
    Basketball ‘Triple Threat’ skills & games for boys & girls ages 8-14, Stone Harbor’s 82nd Street Recreation Center, check www.shoreshot.net for details,Friday nights beginning Friday, June 10
    Avalon Historical Society’s Miniature Golf Competition, held at Go Fish Mini Golf Course in Avalon, 9AM, Saturday, June 11
    Avalon Performing Arts Council 29th  Annual Art Show & Sale, opening night & preview from 7-9PM on Friday, June 17, show & sale from 10AM-4PM on Saturday, June 18
    Avalon Historical Society Olde House Tour, 1PM, Saturday, June 18
    St. Mary’s Episcopal Church Strawberry Festival, Sunday, June 19


Featured Property:

This extraordinary Bayfront home enjoys water views and a tranquil location!


19 S. Pelican Drive, Avalon, $4,175,000, ACTIVE MLS#: 166223


New Listings:


417 22nd Street, Avalon, $549,900, ACTIVE MLS#: 170304

1127 Stone Harbor Blvd, Stone Harbor Manor, $679,000, ACTIVE MLS#: 170322

9201 Third Avenue, Stone Harbor, $795,000, ACTIVE MLS#: 170391

214 34th Street, Avalon, $889,900, ACTIVE MLS#: 170350

20 Seabreeze Lane, Avalon Manor, $899,000, ACTIVE MLS#: 170393

619 22nd Street, Avalon, $949,900, ACTIVE MLS#: 170377

222 108th Street, Stone Harbor, $1,295,000, ACTIVE MLS#: 170396

2934 Ocean Avenue, Avalon, $1,299,000, ACTIVE MLS#: 170340

245 65th Street, Avalon, $1,639,000, ACTIVE MLS#: 170368

10032 Corinthian, Stone Harbor, $4,695,000, ACTIVE MLS#: 170339


Properties Sold:


184 26th Street C-1, Avalon, $480,000, SOLD MLS#: 167929

2125 Harbor Ave. Avenue, Avalon, $580,000, SOLD MLS#: 168448

2218 Ocean Drive, Avalon, $850,000, SOLD MLS#: 168229

394 20th Street, Avalon, $900,000, SOLD MLS#: 167665

9331 Third Avenue, Stone Harbor, $995,000, SOLD MLS#: 167328

2488 Ocean Drive, Avalon, $1,450,000, SOLD MLS#: 166804



Thursday, May 19, 2016

Avalon/Stone Harbor NJ Weekly Update May 19th, 2016


MARKET STATS:  The latest Long & Foster Market Minute report shows 31 properties sold during April, up from 24 in March.  The median sale price was $1,100,000, up 22% over March.  
For the full Market Minute report, click here:
http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf

http://marketminute. 
For the latest L&F Market Minute report, click above.

THERE’S STILL TIME!  If you’d like to purchase your very own shore home and enjoy it for the rest of the summer, there’s still time to do just that!  Please call or email me to begin your search for the perfect vacation home today!

SAVE A TRIP TO COMCAST IN RIO GRANDE by visiting their temporary customer service trailer in Avalon!  The trailer has arrived in the parking lot adjacent to Avalon Community Hall, and will be open about May 20th, through June 18th, Monday through Saturday, from 9am to 7pm.  This is a one-time opportunity to take advantage of the Comcast trailer and save a round trip to Comcast’s new, permanent location in Rio Grande!

AVALON’S 8th STREET TENNIS COURTS will soon be resurfaced and repaired.  The courts will be powerwashed, prepared, resurfaced, and painted in a U.S. Open blue & green color scheme.  When work begins, the courts will close for about a week when a favorable weather window arrives, but no work will occur during the Memorial Day weekend.  When the 8th Street courts are not available, those with reservations will be accommodated at the 39th Street courts.

THE OTHER JERSEY SHORE: A National Geographic Wild episode titled “The Other Jersey Shore” and featuring Delaware Bay and horseshoe crabs will air Friday, May 20th at 10:30pm Eastern on Comcast channel 108.  The Wetlands Institute’s Horseshoe Crab Conservation Program is featured in the episode.  Click here to watch the trailer:  http://channel.nationalgeographic.com/wild/united-states-of-animals/episodes/the-other-jersey-shore/

SEVEN MILE RESTAURANT WEEK returns June 6th-12th.  The annual favorite will feature dining specials from dozens of local restaurants.  Stay tuned for more details!

“CLICK IT OR TICKET!”  Not only is wearing a seatbelt a good idea, it may save you a ticket in Avalon or Stone Harbor during the Seatbelt Mobilization campaign which will take place from May 23rd to June 5th.  Avalon, Stone Harbor, and many other towns will participate in the campaign, which seeks to raise the seatbelt usage rate in New Jersey from its current level of 91.36%.

JUST OVER A WEEK TO MEMORIAL DAY WEEKEND!  Let the summer season begin!


UPCOMING EVENTS: (View/Print Upcoming Events List)


    Creative Writing seminar with tips on stories, poems, etc, register at 609-967-7155, Avalon Free Public Library, 10AM,Saturday, May 21
    Wetlands Institute Native Plant Sale, plant & garden naturalists will be on hand to answer questions regarding the offered species, 9:30AM-4:30PM, Saturday & Sunday, May 21 & 22
    Spring Shorebird & Horseshoe Crab Festival, interactive activities for all ages, Wetlands Institute, 9:30AM-4:30PM, Saturday &Sunday, May 21 & 22
    Avalon Garden Club Fashion Show & Luncheon, Avalon Yacht Club, Noon, Wednesday, May 25
    Stone Harbor’s Beach Crossover Deck & Pergola Dedication, 95th Street beach, Noon, Wednesday, May 25
    Stone Harbor Beach Opening Ceremony, 95th Street Beach, 9:30 AM, Friday, May 27
    Cape Regional Auxiliary Antique Show, Avalon Community Hall, antique show from Noon-4PM on Friday, May 27, preview gala at 6PM on Friday, May 27, & antique show from 9AM-4PM on Saturday, May 28
    Annual Turtle Trot 5K Run & 2 Mile Fun Walk, 95th & First Avenue, 6:45AM registration, 8AM race start, 8:05AM walk start,Sunday, May 29
    Stone Harbor Farmer’s Market, Water Tower Plaza, 8AM-12:30PM, Sunday, May 29
    Matthew Mullin Memorial Beach 5K Run & 1 Mile Fun Walk, all proceeds benefit Friends in Need organization, 30th Street & the Beach, 8:30AM, Sunday, May 29
    Avalon Memorial Day Parade, starts at 32nd Street & Dune down Dune Drive to Veteran’s Plaza for a ceremony, parade starts at 9AM, ceremony to follow, Monday, May 30
    Stone Harbor Memorial Day Parade, starts at bridge, down 96th Street to the Women’s Civic Club on the 96th Street beach for a service, parade starts at Noon, service to follow, Monday, May 30
    American Legion Post #331 Open House, 117th Street & Second Avenue, 1-4PM, Monday, May 30
    Aviation Museum Runway 5K Run/Fun Walk & Bike, Cape May County Airport, bike preview 8:10-8:40AM, race starts at 9AM,Saturday, June 4
    Avalon Garden Club Flower Show, Avalon Community Hall, Noon, Saturday, June 4
    Stone Harbor Garden Club House Tour, 12:30-4PM, Saturday, June 4
    Avalon Performing Arts Council ‘Lights Out Tribute to Frankie Valli & the Four Seasons,’ Avalon Community Hall, 6:30PMdoors open, 7PM show starts, Saturday, June 4
    7 Mile Island Restaurant Week, nearly 40 local establishments offering breakfast, lunch & dinner specials, Monday, June 6-Sunday, June 12
    Basketball ‘Triple Threat’ skills & games for boys & girls ages 8-14, Stone Harbor’s 82nd Street Recreation Center, check www.shoreshot.net for details, Friday nights beginning Friday, June 10
    Avalon Performing Arts Council 29th  Annual Art Show & Sale, opening night & preview from 7-9PM on Friday, June 17, show & sale from 10AM-4PM on Saturday, June 18


Featured Property:

This one-bedroom Avalon condo is just steps from the beach!




177 80th Street, Avalon, $349,000, ACTIVE MLS#: 169777

New Listings:


3283 Dune Drive, Avalon, $249,000, ACTIVE MLS#: 170272

107 30th Street, Avalon, $459,000, ACTIVE MLS#: 170279

2137 Ocean Drive, Avalon, $649,000, ACTIVE MLS#: 170223

1708 Ocean Drive, Avalon, $715,000, ACTIVE MLS#: 170243

1629 Dune Dr, Avalon, $1,099,000, ACTIVE MLS#: 170271

1558 Ocean Drive, Avalon, $1,350,000, ACTIVE MLS#: 170259

235 118 Street, Stone Harbor, $1,495,000, ACTIVE MLS#: 170203

7688 Dune Drive, Avalon, $1,649,000, ACTIVE MLS#: 170236

249 88th Street, Stone Harbor, $1,795,000, ACTIVE MLS#: 170238

11610 Second Avenue, Stone Harbor, $1,895,000, ACTIVE MLS#: 170233

7179 Dune Drive, Avalon, $2,195,000, ACTIVE MLS#: 170273

8600 Pennsylvania Avenue, Stone Harbor, $2,450,000, ACTIVE MLS#: 170208

33 W 12th Street, Avalon, $2,495,000, ACTIVE MLS#: 170253

99 W 23rd Street, Avalon, $2,500,000, ACTIVE MLS#: 170267

65 E 15th Street, Avalon, $3,095,000, ACTIVE MLS#: 170214

203 118th Street, Stone Harbor, $4,795,000, ACTIVE MLS#: 170270


Properties Sold:


10020 Sunrise Drive, Stone Harbor, $360,000, SOLD MLS#: 166281

1688 Ocean Drive, A-3, Avalon, $667,500, SOLD MLS#: 167341

308 79th Street, Avalon, $800,000, SOLD MLS#: 168927

261 45th Street, Avalon, $1,569,000, SOLD MLS#: 168273

6660 S Ocean Drive, Avalon, $1,600,000, SOLD MLS#: 168272

106 121 Street, Stone Harbor, $2,566,100, SOLD MLS#: 167926

174 86th Street, Stone Harbor, $2,895,000, SOLD MLS#: 168048





Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Thursday, May 12, 2016

Avalon/Stone Harbor NJ Weekly Update, Upcoming Events May 12, 2016



CAPE MAY COUNTY TOURISM generated a record $6 billion in 2015, up 4% over 2014 according to an Atlantic City Press article. Favorable weather and low gas prices helped fuel tourism last year, which marked the sixth straight year of growth. Tourism in Cape May County supports over 25,000 jobs, more than half the total in Cape May County. Statewide, tourism generated $37 billion in GDP. Most expect 2016 to be another strong year. If Mother Nature cooperates and brings us more beautiful summer weather it should be a great season!

THE WORLD SERIES OF BIRDING arrives in Cape May County on Saturday, May 14th, for 24 hours of birding. Over 100 teams from around the world will participate to identify as many species as possible. A team from The Wetlands Institute will compete in the event. If you’d like to make a pledge or donation to the Wetland’s Institute team, please click here: http://wetlandsinstitute.org/conservation/world-series-of-birding/

A colorful sunset over Cape Island Creek, Cape May.

AFTER A $15 MILLION RENOVATION, the Golden Inn is expected to reopen in mid-June, according to a Philadelphia Business Journal report. Icona Resorts purchased the hotel at the end of last year and immediately began renovation work. Initially the resort was expected to reopen in July, but has started taking reservations for June 15th and after.

COMING SOON—TREE TO TREE ADVENTURE PARK!  Zip lines, nets, and Tarzan swings will soon challenge every age and ability at the Cape May County Zoo. The new adventure course is set to open this summer.  Stay tuned for more details!

RENTAL PROPERTIES—GET ‘EM READY!  The season is drawing near—make sure your rental property is ready for your first guests! Take some time to review all aspects of your rental property NOW to avoid problems later. Use the general checklist below as a starting point for your property:

- Rental license applied for & received
- Spring cleaning completed
- Water & outside shower turned on
- All utilities turned on
- Telephone & cable TV turned on and hooked up (plan ahead—Comcast no longer has an office in Avalon!)
- Internet/WiFi turned on and tested, and password provided to L&F to keep on file
- Landscaping, pest control, and weed control service set up
- Deck furniture placed outside
- Check all appliances for correct operation
- HVAC system serviced & ready
- Gas/charcoal grill set up & ready, and propane tank filled
- Pool opened & maintenance contract established
- Provide enough trash/recycling cans

If you need a recommendation for a contractor or other service provider, please call or email me—but don’t wait too long, as the approaching season means most are very busy.

UPCOMING EVENTS: (View/Print Events List) Spring/Summer 2016 Activities - Avalon and Stone Harbor NJ


Avalon Historical Society Annual Photo Contest, Monday, May 2-Tuesday, May 31

Cape May County Senior Jamboree, Avalon Community Hall, 10AM-2PM, Thursday, May 12

Avalon Garden Club Plant Sale, Avalon Community Hall, Noon-4PM on Friday, May 13 & 9AM-4PM on Saturday, May 14

Avalon Home & Land Owners Association Meeting, Police Chief William McCormack & Fire Chief Edward Dean will address Public Safety issues, Avalon Senior Center,10AM, Saturday, May 14

Stone Harbor Garden Club Community Yard Sale, 96th Street Parking Lot, 8AM-2PM, Saturday, May 14

IPhones Workshop, popular apps for reading books, magazines & news, register at 609-967-7155, Avalon Public Library, 10AM-Noon, Saturday, May 14

Cape May Traditional Jazz Society presents the Ben Mauger Vintage Jazz Band, proceeds benefit the Food Bank of Southern NJ, VFW Post #386, 419 Congress Street, Cape May, 2-4PM, Sunday, May 15

Stone Harbor Bulk Pick-up, items to curb up to 72 hours prior to pick-up on Monday, May 16

Spring Shorebird & Horseshoe Crab Festival, interactive activities for all ages, Wetlands Institute, 9:30AM-4:30PM, Saturday & Sunday, May 21 & 22

Wetlands Institute Native Plant Sale, plant & garden naturalists will be on hand to answer questions regarding the offered species, 9:30AM-4:30PM, Saturday & Sunday, May 21 & 22

Avalon Garden Club Fashion Show & Luncheon, Avalon Yacht Club, Noon, Wednesday, May 25

Stone Harbor Beach Opening Ceremony, 95th Street Beach, 9:30 AM, Friday, May 27

Cape Regional Auxiliary Antique Show, Avalon Community Hall, Preview Gala on Friday, May 27 at 6PM & antique show on Saturday, May 28

Annual Turtle Trot 5K Run & 2 Mile Fun Walk, 95th & First Avenue, 6:45AM registration, 8AM race start, 8:05AM walk start, Sunday, May 29

Stone Harbor Farmer’s Market, Water Tower Plaza, 8AM-12:30PM, Sunday, May 29

Matthew Mullin Memorial Beach 5K Run & 1 Mile Fun Walk, all proceeds benefit Friends in Need organization, 30th Street & the Beach, 8:30AM, Sunday, May 29

Avalon Memorial Day Parade, starts at 32nd Street & Dune down Dune Drive to Veteran’s Plaza for a ceremony, parade starts at 9AM, ceremony to follow, Monday, May 30

Stone Harbor Memorial Day Parade, starts at bridge, down 96th Street to the Women’s Civic Club on the 96th Street beach for a service, parade starts at Noon, service to follow, Monday, May 30

American Legion Post #331 Open House, 117th Street & Second Avenue, 1-4PM, Monday, May 30

Aviation Museum Runway 5K Run/Fun Walk & Bike, Cape May County Airport, bike preview 8:10-8:40AM, race starts at 9AM, Saturday, June 4

Stone Harbor Garden Club House Tour, 12:30-4PM, Saturday, June 4

Avalon Performing Arts Council ‘Lights Out Tribute to Frankie Valli & the Four Seasons,’ Avalon Community Hall, 6:30PM doors open, 7PM show starts, Saturday, June 4


Featured Property:
Fifth house from the beach in Stone Harbor’s south end!

http://www.nancyalexander.com/homes-for-sale-details/100-105TH-STREET-STONE-HARBOR-NJ-08247/169591/179/

 100 105th Street, Stone Harbor, $2,595,000, ACTIVE MLS#: 169591

New Listings: 


47 Channel Road, Avalon Manor, $379,900, ACTIVE MLS#: 170134

15 99th Street, Stone Harbor, $459,000, ACTIVE MLS#: 170123

328 81st Street, Stone Harbor, $639,000, ACTIVE MLS#: 170073

1708 Ocean Drive, Unit 2, Avalon, $679,000, ACTIVE MLS#: 170121

3446 Dune Drive, Avalon, $845,000, ACTIVE MLS#: 170122

121 19th Street, Avalon, $1,300,000, ACTIVE MLS#: 170080

6918 Dune Drive, Avalon, $2,095,000, ACTIVE MLS#: 170034

431 24th Street, Avalon, $2,695,000, ACTIVE MLS#: 170094

218 120th Street, Stone Harbor, $3,299,000, ACTIVE MLS#: 170153

166 102nd Street, Stone Harbor, $3,895,000, ACTIVE MLS#: 170141


Properties Sold:

695 22nd Street, Avalon, $475,000, SOLD MLS#: 168722

222 14th Street, Avalon, $1,175,000, SOLD MLS#: 168950

10006 Corinthian Drive, Stone Harbor, $1,200,000, SOLD MLS#: 160663

119 85th Street, Stone Harbor, $2,100,000, SOLD MLS#: 168800

249 76th Street, Avalon, $2,160,000, SOLD MLS#: 165654

45 W 15th Street, Avalon, $2,428,070, SOLD MLS#: 164181

36 W 33rd Street, Avalon, $3,995,000, SOLD MLS#: 165660



Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Wednesday, May 4, 2016

Avalon/Stone Harbor Weekly Update, Upcoming Events May 5th, 2016





AVALON’S “BACKPASSING” project is underway, as dump trucks move beach sand from the 33rd-38th Street beaches to replenish north end beaches.  Every few moments a dump truck loaded with beach sand moves northward, passed by an empty dump truck moving southward.  Work continues seven days a week, subject to the tide cycle.  The project is expected to be completed in advance of the summer season, and is currently ahead of schedule.  In addition to enhancing protection for north end homes, the newly widened beaches will provide more room for beach goers to enjoy during the summer.
 
 A pair of dump trucks move along Avalon’s beach on a rainy day, as Avalon’s sand “backpassing” project continues.
 
THE BOROUGH OF STONE HARBOR received the Cape May County Annual Conservation Award for its efforts in restoring the gardens in the Stone Harbor Bird Sanctuary, and those around the pump house at 114th Street & Third Avenue.  Native plants requiring little water were used, and they’ll help meet the needs of species living in and around the area.

SPRINGER’S HOME MADE ice cream is among the top twenty ice cream shops in the nation!  A USA Today poll will narrow down the list to the 10 Best.  Voting runs through May 23rd at 12 noon.  Click here to see the other candidates, then cast your vote for Springers!  http://www.10best.com/awards/travel/best-ice-cream-parlor/

 COAST GUARD SHIP TOURS, demonstrations, and trolley tours of Training Center Cape May are all available this weekend as the 2016 Coast Guard Community Festival takes place, Friday, through Sunday.   Some activities require tickets, but many do not.  Click here for more details:  http://coastguardcommunity.org/festival-2/

TREAT MOM RIGHT THIS WEEKEND, with some flowers, or perhaps dinner out.  Or you can really impress  Mom by buying her (and the rest of the family) a place at the shore!  Happy Mother’s Day!

UPCOMING EVENTS:

Upcoming Events List - view/print

Avalon Historical Society Annual Photo Contest, now through Tuesday, May 31

Brendan Borek 11th Annual Golf Tournament, register or donate by visiting www.brendansfund.org, Stone Harbor Golf Club, Noon, Friday, May 6

Avalon Wine & Spirits Festival, more than 200 wines, flavored vodkas, scotch, bourbon, passed hors d’oeuvres from local restaurants, silent auction, tickets available at the Avalon Chamber of Commerce or Fred’s Liquor Stores – Avalon & Stone Harbor, 6:30-9PM, Friday, May 6

Avalon Boro Wide Yard Sale, pick up map at Avalon Community Hall at 8AM, yard sale begins at 9AM, Saturday, May 7

Garden Club of Stone Harbor’s Plant & Bake Sale, Water Works area at 96th & Second Avenue, 8AM-2PM, Saturday, May 7

Avalon Volunteer Fire Department Plant & Hoagie Sale, Avalon Fire House, 9AM, Saturday, May 7
Avalon Community Paper Shredding Day, free shredding for Avalon residents & property owners, Avalon Public Works at 14th & Dune Drive, 9AM-2PM, Saturday, May 7

IPad Workshop, register at 609-967-7155, Avalon Public Library, 10AM-Noon, Saturday May 7

Stone Harbor’s Spring Tide Festival, music, beer & wine garden, food, games, kids’ activities, more, 96th Street between 2nd & 3rd, 11AM-6PM, Saturday, May 7th

Avalon Police Department Bicycle Auction, Avalon Public Works Building, Noon, Saturday, May 7

Avalon Bulk Pick-up, items to curb prior to pick-up on Monday, May 9

Cape May County Senior Jamboree, Avalon Community Hall, 10AM-2PM, Thursday, May 12

Avalon Garden Club Plant Sale, Avalon Community Hall, Noon-4PM on Friday, May 13 & 9AM-4PM on Saturday, May 14

Stone Harbor Garden Club Community Yard Sale, 96th Street Parking Lot, 8AM-2PM, Saturday, May 14

Avalon Home & Land Owners Association Meeting, Police Chief William McCormack & Fire Chief Edward Dean will address Public Safety issues, Avalon Senior Center, 10AM, Saturday, May 14

IPhones Workshop, register at 609-967-7155, Avalon Public Library, 10AM-Noon, Saturday, May 14

Cape May Traditional Jazz Society presents the Ben Mauger Vintage Jazz Band, proceeds benefit the Food Bank of Southern NJ, VFW Post #386, 419 Congress Street, Cape May, 2-4PM, Sunday, May 15

Stone Harbor Bulk Pick-up, items to curb up to 72 hours prior to pick-up on Monday, May 16

Wetlands Institute Native Plant Sale, plant & garden naturalists will be on hand to answer questions regarding the offered species, 9:30AM-4:30PM, Saturday & Sunday, May 21 & 22

Spring Shorebird & Horseshoe Crab Festival, interactive activities for all ages, Wetlands Institute, 9:30AM-4:30PM, Saturday & Sunday, May 21 & 22

Avalon Garden Club Fashion Show & Luncheon, Avalon Yacht Club, Noon, Wednesday, May 25

Stone Harbor Beach Opening Ceremony, 95th Street Beach, 9:30 AM, Friday, May 27

Cape Regional Auxiliary Antique Show, Avalon Community Hall, Preview Gala on Friday, May 27 at 6PM & antique show on Saturday, May 28



Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Saturday, April 30, 2016

8527 Third Avenue Stone Harbor, NJ 08247 Stone Harbor, NJ 08247

Property Site: http://tour.circlepix.com/home/AFMSWJ
BAY FRONT, ADORABLE AND AFFORDABLE! Swim in the bay! No Boat slip but water access. Breathtaking Views! New kitchen. Views views and more views! Enjoy this bay side location with magnificent bay and sunset views from the privacy of 1st and 2nd floor waterside decks. The entire family will love to swim, fish, crab and Kayak right from the convenience of your backyard. The shops of 96th street, movies, and restaurants are just a short walk or bike ride away. Adorable cottage just 3 blocks from a great beach. This 3 bedroom, 2 bath cottage has brand new first floor kitchen with granite countertops. Spacious dining area overlooking the bay, views to die for! New central air. Enjoy incredible sunsets from the deck off the dining area or from up on the second floor deck off the bedroom. 6 beach tags are provided, Internet access too! Beach accessories (6 beach chairs & umbrella) are provided and there is an outdoor shower. Departure cleaning is also included in your rental. There is off-street parking for 2 cars in the driveway beside the house. Master bedroom has queen bed. Second 2nd floor bedroom has set of twin beds plus a full bed, and downstairs bedroom has a full size bed. A short 5-minute drive to the Cape May County Zoo in Cape May Court House. Wetlands Institute is just a short drive away, and it is a fun day for the kids. Lots of restaurants nearby. Stone Harbor is a safe, family friendly shore town. You will love this charming home and want to return again soon. This is the perfect family vacation spot! Accommodates 8 guests. No boat slip.
Bedrooms: 3
Bathrooms: 2.00

For more information about this property, please contact Nancy Alexander at 609-967-3001 or nancy@nancymalexander.com. You can also text 3559606 to 67299.


See more listings at: http://nancyalexander.com


MLS ID: 27398

Mortgage Rates Rise Higher but Still Remain Low


RISMEDIA, Friday, April 29, 2016— Average fixed mortgage rates are inching up, but remain well below 4 percent as we head into the heart of the spring homebuying season, according to recently released data from Freddie Mac.

"Treasury yields marched higher this week,” says Sean Becketti, chief economist, Freddie Mac. “As a result, the 30-year mortgage rate jumped 7 basis points to 3.66 percent. The Federal Reserve's decision to leave the Federal funds rate unchanged triggered a 9 basis point drop in the 10-year Treasury yield on Wednesday, however the drop occurred too late to impact this week's survey."

The 30-year fixed-rate mortgage (FRM) averaged 3.66 percent with an average 0.6 point for the week ending April 28, 2016, up from last week when it averaged 3.59 percent. A year ago at this time, the 30-year FRM averaged 3.68 percent.

The 15-year FRM this week averaged 2.89 percent with an average 0.6 point, up from last week when it averaged 2.85 percent. A year ago at this time, the 15-year FRM averaged 2.94 percent.

Results show that the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) averaged 2.86 percent this week with an average 0.5 point, up from last week when it averaged 2.81 percent. A year ago, the 5-year ARM averaged 2.85 percent.

For more information, visit www.freddiemac.com
Article Source: http://rismedia.com/rrein/22955/1056351/38466669/86615?utm_source=newsletter&utm_medium=email

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate

Friday, April 29, 2016

Buying with Cash Brings Huge Discount, RealtyTrac Report Shows


RISMEDIA, Friday, April 29, 2016— All-cash buyers of single family homes and condos nationwide paid 23 percent less per square foot than all homebuyers, but that cash buyers in 9 percent of local housing markets paid a premium price per square foot. These data come from the recently released RealtyTrac® Q1 2016 U.S. Cash & Institutional Investor Housing Market Report.

Nationwide all-cash buyers purchased single family homes and condos for a median $91 a square foot in the first quarter of 2016, a discount of 23 percent below the median $118 per square foot for all home purchases.

“While large institutional investors and other cash buyers continue to shrink as a share of U.S. home sales, these buyers still typically beat out traditional buyers using financing — in some cases even when they submit a lower offer for a home,” says Daren Blomquist, senior vice president at RealtyTrac. “Additionally cash buyers are often willing to take on properties in poor condition that may not readily qualify for standard financing, another reason why cash purchases normally sell at a lower price per square foot.

“Markets where we see the opposite — with cash buyers actually paying a premium price per square foot — could be in danger of overheating,” Blomquist adds. “In most markets, cash buyers act as an anchor for home values, but in these exceptions to the rule, cash buyers are acting as an oversized sail, catching more wind and pushing home price appreciation to a potentially precarious pace.”

Markets with Biggest Cash Buyer Discounts

Among 99 metropolitan statistical areas with at least 1,000 single family home and condo sales in the first quarter of 2016 — and with sufficient home price and loan data collected from public records by RealtyTrac—those where cash buyers realized the biggest discounts were Baltimore (58.2 percent discount); Harrisburg, Pennsylvania (52.0 percent discount); Akron, Ohio (50.2 percent discount); Birmingham, Alabama (49.3 percent discount); and Columbia, South Carolina (48.3 percent discount).

Other markets with cash buyer discounts ranking in the top 10 highest in the first quarter of 2016 included Cleveland, Ohio (47.4 percent discount) and Memphis, Tennessee (43.7 percent discount).

Markets Where Cash Buyers Paid a Premium

All-cash homebuyers in the first quarter paid a premium price per square foot in nine of the 99 metro areas analyzed (9 percent), led by Honolulu (6.6 percent premium); Seattle (5.2 percent premium); San Francisco (4.8 percent premium); Naples, Fla. (3.9 percent premium); and San Diego (2.5 percent premium).

Other markets where cash buyers paid a premium per square foot for homes purchased in the first quarter were San Jose, Calif. (2.2 percent premium); Los Angeles (2.2 percent premium); Cape Coral-Fort Myers, Fla. (1.5 percent premium); and Oxnard-Thousand Oaks-Ventura, Calif. (0.2 percent premium).

While cash buyers still realized a 14.2 percent discount in the greater New York metro areas, buyers in New York County (Manhattan) paid a 5.0 percent premium price per square foot.

The 9 percent of markets where cash buyers paid a premium in the first quarter of 2016 is up from 5 percent of markets where cash buyers paid a premium in the first quarter of 2015.

Institutional Investor Share Down Annually for 11th Consecutive Quarter

Institutional investors — entities that purchase at least 10 single family homes and condos in a calendar year — accounted for 2.6 percent of all single family home and condo sales in the first quarter, down from 4.0 percent in the previous quarter and down from 3.4 percent a year ago. The year-over-year decrease in the first quarter marked the 11th consecutive quarter where the institutional investor share of sales has decreased on a year-over-year basis.

The share of institutional investor home purchases in the first quarter of 2016 decreased from a year ago in 87 of the 110 metro areas (78 percent), including, among the nation’s 20 largest metro areas, San Francisco (down 64 percent); Seattle (down 57 percent); Riverside-San Bernardino, Calif. (down 57 percent); San Diego (down 52 percent); Los Angeles (down 44 percent); Detroit (down 41 percent); and Dallas (down 38 percent).

Markets with Highest Share of Institutional Investors

Among 110 metro areas with at least 1,000 single family and condo sales in the first quarter, those with the top five highest share of institutional investor purchases were Birmingham, Ala. (9.9 percent); Augusta, Ga.(7.4 percent); Memphis, Tenn. (7.0 percent); York-Hanover, Penn. (6.9 percent); and Atlanta (6.7 percent).

Metro areas with the biggest year-over-year increase in share of institutional investor purchases in the first quarter were Birmingham, Ala. (up 582 percent); Knoxville, Tenn. (up 98 percent); Crestview-Fort Walton Beach, Fla. (up 94 percent); Pittsburgh, Penn. (up 85 percent); and Albuquerque, N.M. (up 84 percent).

For more information, visit www.realtytrac.com   
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Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate