Avalon and Stone Harbor NJ Weekly Update January 26th, 2017

BEACH REPLENISHMENT PROJECT UNDERWAY:  Mobilization of equipment has begun as Avalon and Stone Harbor anticipate a major beach replenishment project over the next several weeks.  Equipment has been staged on Stone Harbor’s beaches and the 123^rd Street parking lot.  Sand pumping could begin at the end of this week as the dredge contractor is waiting for inclement weather to subside.  Once Stone Harbor’s portion of the project is complete, the dredge and equipment will move to Avalon to begin work there.

SALES UP, INVENTORY DOWN:  The latest Long & Foster Market Minute report shows a slight increase in sales during December 2016 compared to a year ago.  Solid demand over the past couple of years has reduced the number of active listings to 267, down from more than 300 a year ago, and down from 350 two years ago.   Click here for the full report:  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf

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

STONE HARBOR BACK BAY DREDGING progress continues.  The most recent report on the project shows it to be 43% complete, with over 40,000 cubic yards dredged so far.  Five basins are complete, one is underway, and three have not yet been dredged.  According to the report, in addition to the basins, Access Channel, Stone Harbor Hole, and a number of private slips remain unfinished.  The current phase of the project is expected to conclude in February, with final completion of the project due next year.

IF YOU’D LIKE TO CATCH A GLIMPSE of Monday’s nor’easter at Townsend’s Inlet, click here to watch this brief video: https://www.youtube.com/watch?v=zCdIblq9OXk  In 24 hours the wind turned around, flattening out the waves.

SEA ISLE BOULEVARD is in the midst of an elevation project, designed to raise the roadway by several feet to avoid potential flooding.  But NJ Department of Environmental Protection regulations will halt the project from March 15^th through August 15^th due to the presence of nesting ospreys within 1,000 feet of the roadway.  The project initially began in 2014, and final completion is not expected until 2019.

UPCOMING EVENTS:

• Wetlands Institute Covered Dish Dinner, bring a dish to share that serves 8, guest speaker will be Cameron Cox discussing tropical birding & identifying migrating birds, 6-8PM, Friday, January 27
• IPad Workshop, Avalon Free Public Library, register at 609-967-7155, 10AM-Noon, Saturday, February 4
• Avalon Home Movies hosted by the Avalon History Center, watch fascinating films depicting streets, beaches & buildings of Avalon from the 40’s, 50’s & 60’s, 1-2PM, Saturday, February 4
• A Tribute to The Last Waltz, local musicians perform songs played at the band’s final concert, Harbor Square Theater, 8:30PM, Saturday, February 4
• 14th Annual Super Bash XIV raising funds for Friends in Need organization, The Princeton, 4PM, Sunday, February 5
• Cape May-Lewes Ferry Wine Dinner, Cape May Lewes Ferry Terminal, www.CapeMayLewesFerry.com for details, 5:30-8:30PM, Saturday, February 11
• Creative Writing Seminar, Avalon Free Public Library, register at 609-967-7155, 10AM-Noon, Saturday, February, 18
• Lecture in honor of Presidents’ Day, Avalon Free Public Library, register at 609-967-7155, 1PM, Saturday, February 18
• Sea Isle City’s Polar Bear Plunge, 40th Street beach, 2PM, Saturday, February 18
• North Wildwood’s Fallen Heroes Polar Bear Plunge, proceeds benefit the Philadelphia Police Fallen Heroes Fund, visit FallenHeroPlunge.com for details, 15th Street & the beach in North Wildwood, 11AM, Saturday, February 25
• Avalon’s Shop-A-Holics, The Princeton & The Whitebrier, designers, deals & drinks, Thursday-Saturday, March 2-4
• Stone Harbor Shiver Event, registration at 9:30AM at Fred’s Tavern, parade at 11:45AM leading to the plunge at the 96th Street beach, Saturday, March 11
• Sea Isle City’s St. Patrick’s Day Parade & Celebration, 3:30PM, Saturday, March 11
• Cape May Traditional Jazz Society presents the Midiri Brothers Jazz Band, VFW Post #386, 419 Congress Street in Cape May, 2-4PM, Sunday, March 12
• Stone Harbor Bulk Pick-up, items curbside up to 72 hours prior to pick up, Monday, March 13
• Ocean Drive Marathon & Ocean Drive 10Miler Course, visit www.odmarathon.org  for details, 9AM, Sunday, March 26

Featured Property:

Beautiful, high end Bayfront home convenient to beach & town!

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


New Listings:

7929 Dune Drive, Avalon, $330,000, ACTIVE MLS#: 174152

8001 Second Avenue, Stone Harbor, $529,000, ACTIVE MLS#: 174155

623 21st Street, West Unit, Avalon, $949,000, ACTIVE MLS#: 174186

6592 Ocean Drive, Avalon, $1,150,000, ACTIVE MLS#: 174143

2208 Ocean Drive, Avalon, $1,200,000, ACTIVE MLS#: 174149

1306 Ocean Drive, Avalon, $1,399,000, ACTIVE MLS#: 174170

11020 Sunset Drive, Stone Harbor, $1,750,000, ACTIVE MLS#: 174177

10500 Second Avenue, Stone Harbor, $2,495,000, ACTIVE MLS#: 174138

159 86th Street, Stone Harbor, $2,995,000, ACTIVE MLS#: 174226

45 E 15th Street, Avalon, $3,295,000, ACTIVE MLS#: 174221

56 W 35th Street, Avalon, $8,250,000, ACTIVE MLS#: 174166

174 S Pelican Drive, Avalon, $9,900,000, ACTIVE MLS#: 174168


Properties Sold:

390 39th Street, Avalon, $610,000, SOLD MLS#: 171227

5049 Ocean Drive, Avalon, $862,500, SOLD MLS#: 165025

422 24th Street, Avalon, $895,000, SOLD MLS#: 174183

590 24th Street, Avalon, $999,000, SOLD MLS#: 173224

151 88th Street, Stone Harbor, $1,450,000, SOLD MLS#: 173534

3465 First Avenue, Avalon, $1,460,000, SOLD MLS#: 173274

35 W 32nd Street, Avalon, $3,200,000, SOLD MLS#: 170444

Nancy M. Alexander - Stone Harbor and Avalon NJ Real Estate NancyAlexander.com