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Simplifying The Market

Thursday, July 21, 2016

Avalon/Stone Harbor NJ Weekly Update July 21st, 2016



MARKET STATS:  35 new purchase contracts were written during the month of June, up significantly over May, per the Cape May County MLS.  Long & Foster’s latest Market Minute report shows 30 transactions closed in June, just ahead of May’s figure of 28, but down just slightly from June 2015.  The number of available listings on the market is down 2% from last month, and down 8% from last year, to 312.  For the full Market Minute report click here:  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf

Click above for the latest Long & Foster Market Minute report!




GLOBETROTTIN’ AT THE JERSEY SHORE:  The world famous Harlem Globetrotters will celebrate their 90th anniversary at the Wildwoods Convention Center for four games and four clinics from July 27-30.  If you have kids, they are a must see. The team is offering a family 4-pack where $199 (VIP seating) or $99 (end one seating) include 4 tickets, 4 hot dogs, 4 sodas, and 4 bags of chips. Visit www.HarlemGlobetrotters.com/Wildwood for tickets.

Globetrotters star Bull Bullard appeared at the Wildwood Crest Sand Sculpture Festival. The Globetrotters bring 4 games and 4 clinics to Wildwood from July 27-30.      


CONGRATULATIONS TO AVALON BEACH PATROL for a tremendous performance in the 48th Annual Beschen-Callahan Memorial Lifeguard Races in North Wildwood.  Avalon captured first place in the team scoring, doubles row, surf dash, singles row, and can run, and took second place in the swim and rescue board race!  Great job Avalon BP!

REASSESSMENT RECOMMENDED:  Avalon tax assessor Jeff Hesley recommended the borough conduct a reassessment of property values for the 2018 tax year.  Hesley reported to council members that conducting a reassessment will help avoid a state-mandated revaluation.  Hesley proposed handling the reassessment in-house with the temporary addition of three part-time inspectors.  An interesting note—Hesley also reported to council that since becoming assessor in 1993, 2,080 new homes have been constructed in Avalon.

DIAMONDBACK TERRAPIN harvesting is now illegal in New Jersey, thanks to legislation passed last week.  Concerns about too many turtles being taken in recent years for sale as pets in foreign markets led to the eventual passing of the law, which makes it illegal to catch or take a terrapin in New Jersey.

UPCOMING EVENTS:
  • Thursdays on Dune concert featuring Carnaby Street, Veteran’s Plaza in Avalon, 7PM, Thursday, July 21
  • Thursdays on the Lawn concert featuring The Quietmen, St. Mary’s Episcopal Church, 7:30PM, Thursday, July 21
  • Wetlands Institute Crabulous Crab Day, family fun including crafts, games, crabbing tips, crab cook-off, much more, The Wetlands Institut, 9:30AM-3PM, Friday, July 22
  • Avalon Historical Society Clam Shell Competition, 30th Street Beach, 9AM, Saturday, July 23
  • Stone Harbor Bird Sanctuary Tour led by a Wetlands Institute docent, meet at the Egret Espy Trail entrance at 114th Street & Second Avenue, 10AM, Saturday &Sunday, July 23 & 24
  • Avalon Lions Club Endless Summer featuring The B Street Band, Avalon Community Hall, 5:30PM, Saturday, July 23
  • Santa visits his Summer Home in Stone Harbor, town-wide, Sunday, July 24-Saturday, July 30
  • Stone Harbor Farmer’s Market, 95th Street Water Tower Plaza, 8AM-12:30PM, Sunday, July 24
  • St. Mary’s Episcopal Church Seafood Fest, Church Hall, lunch from noon-2PM, dinner from 5-8PM, Sunday, July 24
  • Avalon’s Christmas in July, Avalon Community Hall, 10AM-Noon, Monday, July 25
  • Stone Harbor’s Family Night featuring Bill Kerwood Comedy Magic Show, Stone Harbor Fire House, 7PM, Monday, July 25
  • Stone Harbor’s Tuesdays at the Tower featuring 40 North, 95th Street Water Tower Plaza, 7-8:30PM, Tuesday, July 26
  • Avalon’s Big Beach Movie featuring How the Grinch Stole Christmas, 30th Street & the beach, dusk, Tuesday, July 26
  • Stone Harbor Family Movie Night featuring Star Wars: The Force Awakens, Stone Harbor Elementary School, 8PM, Wednesday, July 27
  • Harlem Globetrotters clinics and games, Wildwood Convention Center, July 27-30.  Visit www.HarlemGlobetrotters.com/Wildwood
  • Avalon’s Pets on Parade, 21st Street & Ocean Drive to Veteran’s Plaza, 6PM, Thursday, July 28
  • Avalon’s Thursdays on Dune Concert featuring Blondage Rocks Trio, Veteran’s Plaza in Avalon, 7PM, Thursday, July 28
  • Thursdays on the Lawn Concert featuring Heart to Heart, St. Mary’s Episcopal Church in Stone Harbor, 7:30PM, Thursday, July 28
  • Stone Harbor’s Festival of Lights, Yacht Club of Stone Harbor, 7:30PM, Saturday, July 30
  • David J. Kerr Memorial Lifeguard Races, Avalon, 6:15PM, Sunday, July 31
  • Avalon’s Baby Parade, 21st Street & Ocean Drive to Veteran’s Plaza, 6PM, Thursday, August 4
  • Avalon’s Thursdays on Dune Concert featuring Loud ‘N Clear, Veteran’s Plaza in Avalon, 7PM, Thursday, August 4
  • Cape Regional 7 Mile Island Designer Home Tour, 11AM-4PM, Saturday, August 6

Featured Property:

With a beachblock location, pool, and impressive rental history, this one bedroom condo is the perfect Avalon getaway!


7929 Dune Drive Unit 102, Avalon, $289,990, ACTIVE MLS#: 170802


New Listings:

8001 Second Avenue, Stone Harbor, $475,000, ACTIVE MLS#: 171315

30 Meadowview Lane, Avalon Manor, $475,000, ACTIVE MLS#: 171271

280 79th Street, Avalon, $599,000, ACTIVE MLS#: 171282

25 Seabreeze Lane, Avalon Manor, $729,000, ACTIVE MLS#: 171339

146 83rd Street, Stone Harbor, $769,000, ACTIVE MLS#: 171316

629 Avalon, Avalon Manor, $800,000, ACTIVE MLS#: 171273

592 21st Street, Avalon, $895,000, ACTIVE MLS#: 171305

50 Seabreeze Ln, Avalon Manor, $998,000, ACTIVE MLS#: 171342

198 66th Street, Avalon, $3,595,000, ACTIVE MLS#: 171264


Properties Sold:

9501 Sunset #6, Stone Harbor, $395,000, SOLD MLS#: 155708

6625 Ocean Drive, Avalon, $825,000, SOLD MLS#: 170415

244 82nd Street, Stone Harbor, $1,400,000, SOLD MLS#: 166025

250 66th Street, Avalon, $1,450,000, SOLD MLS#: 167289

249 88th Street, Stone Harbor, $1,775,000, SOLD MLS#: 170238

160 86th Street, Stone Harbor, $1,950,000, SOLD MLS#: 166269

73 E 13th Street, Avalon, $2,175,000, SOLD MLS#: 170562




Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate