Simplifying The Market

Thursday, September 1, 2016

Avalon/Stone Harbor NJ Weekly Update September 1st, 2016

HIGHER RATES?  Federal Reserve Chairwoman Janet Yellen speculated recently that one or more interest rate hikes could come soon, based on recent economic activity and job gains.  One thing is certain—current interest rates are very attractive by an historical measure.  Consider refinancing properties you already own to lock in low rates.  If you’re considering purchasing a vacation home, do it now to secure low financing costs for the duration of your ownership!  Ready to start looking?  Please call me today!
What a fun way to beat the heat on a hot August afternoon!

FISH TALES!  A 754-pound blue marlin was weighed in at Cape May during last week’s 25th Annual MidAtlantic Fishing Tournament.  The fish earned a $531,513 prize for the captain & crew, who hail from Lighthouse Point, Florida.  The vast majority of billfish caught were released, with only the heaviest being weighed in.  Other notable catches included a 236-pound tuna and a 53-pound mahi mahi.  The total prize money payout for the MidAtlantic event was $3.16 million.    Elsewhere in Cape May County,  a fisherman caught an 11.68-pound flounder on the beach in Corson’s Inlet (behind Strathmere) last week.

45 MILLION AND COUNTING:  The Cape May-Lewes Ferry transported its 45 millionth passenger last week.  A family from northern New Jersey purchased tickets for passage to Delaware, and were then presented with free passage, plus a certificate for future free passage, as well as some Cape May-Lewes Ferry branded gift items.  Ferries began making the 17-mile Delaware Bay crossing on July 1, 1964.  Whether travelling long distance, making a day trip, or crossing the Bay as a foot passenger, the ferry ride is always a delight.  Beautiful panoramas, sunsets, and dolphins are among the many sights to be seen.

HARBOR SQUARE THEATRE recently opened in Stone Harbor after the aging theatre was fully renovated.  There’s a new twist though—in addition to traditional movie favorites such as popcorn and candy, patrons can enjoy appetizers, beer, and wine from  the Harbor Burger Bar, which can be taken into the theatre.  Visit for info & showtimes.

AIRFEST returns to Naval Air Station Wildwood Friday through Sunday, September 2-5.  Highlights include World War II era aircraft such as the B-24 Liberator, B-17 Flying Fortress, and the P-51 Mustang.  A $14 ticket gets you a walk-through tour of the bombers.  Flights can be arranged at additional cost.  Visit  for information.

EXTEND YOUR SUMMER SEASON—enjoy beautiful fall weekends at the shore!  From cooler weather to smaller crowds to great activities, the fall is a delightful season!  See below for a list of fun activities!

  • IPad Workshop at the Avalon Public Library, register at 609-967-7155, 10AM-Noon, Saturday, September 3
  • Sea Isle City’s Fall Food Truck Festival, noon, Friday, Saturday & Sunday, September 9, 10 & 11
  • Stone Harbor Property Owners’ Association Fall Members’ Meeting, Harbor Square Theater, 9AM, Saturday, September 10
  • Avalon Home & Land Owners’ Association Meeting, Christa Fitzsimmons will speak on Services for Seniors, Avalon Community Hall, 10AM, Saturday, September 10
  • Avalon’s Chamber of Commerce End-of-Summer Shop Hop, Avalon Shopping District, Saturday & Sunday, September 10 & 11
  • Stone Harbor’s Go Green Fair featuring information on solar energy, re-purposed materials, electric cars, clean energy, natural products, more, 94th Street Parking Lot, 11AM-2PM, Saturday, September 10
  • Night Walk at the Cape May County Zoo, after hours tour of the zoo, 6:30-8:30PM, Saturday, September 10
  • Avalon History Center Author Lecture featuring Robert Rawlins, author of ‘Tunes of the Twenties,’ 7PM, Saturday, September 10
  • Big Band Dance featuring Tony DeLuca & the Paisans, Avalon Community Hall, 7PM, Saturday, September 10
  • Stone Harbor’s 9/11 Remembrance Ceremony, Freedom Park at 96th Street & Seng Place, 11AM-1PM, Sunday, September 11
  • Cape May Lighthouse Full Moon Climb, call 609-884-5404 for info, Friday, September 16
  • 21st Annual Nun’s Beach Surf Contest, 111th Street Beach, 7AM, Saturday, September 17
  • Wetlands Institute Fall Migration Festival, guided viewing of migratory birds, demonstrations, live animal presentations, more, 9:30AM-4:30PM, Saturday & Sunday, September 17 & 18
  • Creative Writing Seminar at the Avalon Public Library, register by calling 609-967-7155, 10AM-Noon, Saturday, September 17
  • International Red Panda Day at the Cape May County Zoo, red panda related programs, activities & zookeeper talks, 10AM-3PM, Saturday, September 17
  • Stone Harbor’s Savor September 5th Annual Food, Wine & Beer Festival, crafts, kids’ activities, music, more, 96th Street Shopping District, Noon-8PM, Saturday, September 24
  • Avalon Performing Arts Council Cabaret Night featuring Billy Joel Tribute & Marino Dance Band, Avalon Community Hall, doors open at 6:30PM, show begins at 7:30PM, Saturday, September 24
  • Avalon’s Chamber of Commerce Seafood Festival, music, crafts, kids’ activities, food tent, more, 30th Street Parking Lot & Community Hall in Avalon, 10AM-5PM, Saturday & Sunday, October 8 & 9
  • Big Band Dance featuring John Clark’s Little Big Band, Avalon’s Community Hall, 7PM, Saturday, October 8

Featured Property:

A Bayfront duplex at a great price!

334 92nd Street, Stone Harbor, $1,300,000, ACTIVE MLS#: 170620

New Listings:

8001 Second Avenue, Stone Harbor, $359,000, ACTIVE MLS#: 171909

448 Avalon Boulevard, Avalon Manor, $939,000, ACTIVE MLS#: 171943

6890 Ocean Drive, Avalon, $1,049,000, ACTIVE MLS#: 172005

541 21st Street, Avalon, $1,195,000, ACTIVE MLS#: 171967

642 7th Street, Avalon, $1,475,000, ACTIVE MLS#: 171932

10540 Corinthian Place, Stone Harbor, $1,950,000, ACTIVE MLS#: 171984

74 W 11 Street, Avalon, $1,990,000, ACTIVE MLS#: 171995

125 78th Street, Avalon, $3,050,000, ACTIVE MLS#: 171999

308 92nd Street, Stone Harbor, $3,695,000, ACTIVE MLS#: 171930

Properties Sold:

2657 Dune Drive, Avalon, $380,000, SOLD MLS#: 164745

440 20th Street, Avalon, $495,000, SOLD MLS#: 169833

417 22nd Street, Avalon, $525,000, SOLD MLS#: 170304

292 33rd Street, Avalon, $600,000, SOLD MLS#: 166634

276 23rd Street, Avalon, $902,500, SOLD MLS#: 171134

5088 Dune Drive, Avalon, $1,200,000, SOLD MLS#: 169924

7729 Sunset Drive, Avalon, $1,500,000, SOLD MLS#: 168089

222 121st Street, Stone Harbor, $1,517,500, SOLD MLS#: 168334

56 E 19th Street, Avalon, $2,300,000, SOLD MLS#: 171481

262 66th Street, Avalon, $2,360,000, SOLD MLS#: 171530

Nancy M. Alexander Stone Harbor and Avalon NJ Real Estate