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National Association of Realtors

Thursday, April 27, 2017

Avalon and Stone Harbor NJ Weekly Update April 27th, 2017



THE NUMBER OF SALES & THE MEDIAN SALE PRICE have increased over last year, while the number of active listings has decreased.  33 properties sold last month in Avalon & Stone Harbor, and  35 more were placed under contract.  For the latest Long & Foster 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.


THE TOWNSEND’S INLET BRIDGE remains closed, but temporary repairs may be completed in time for it to reopen for the Memorial Day Weekend and the summer season.  Permanent repairs will be made next winter.  Locals and visitors alike are hoping the bridge will be open, preventing the need to take “the long way around,” which can take a half hour or more in summer traffic.  The bridge has been closed since a routine inspection revealed a crack in the structure 20 feet beneath the water’s surface.

OTHER BRIDGES in Cape May County are undergoing fender replacement projects, providing protection to bridges from passing marine traffic.  Two bridges over the Cape May Canal, plus one over Grassy Sound and one over Beach Creek (both on North Wildwood Boulevard) will have their existing fender structures replaced, including timber piles. 

WINE TASTING, ANYONE?  Two upcoming events will delight wine tasters!  On Friday, May 12th the Avalon Wine & Spirits Festival takes place at Community Hall.  For details and tickets, click here: http://visitavalonnj.com/node/1616
On Saturday, May 13th the Klink! Wine Tasting Event will be held in Atlantic City at the Resorts Casino Hotel.  For details and tickets, click here:  https://resortsac.com/entertainment/wine-tasting-atlantic-city/

SPRING CLEAN UP TIME!  It’s time to clean up and clean out!  In Avalon, bulk trash items can be placed curbside Saturday, April 29th through Monday, May 8th.  In Stone Harbor, bulk trash items can be placed curbside up to 72 hours prior to the Monday, May 15th pick up date.

ANOTHER OPTION for new or gently used furniture, applicances, and home accessories is Habitat for Humanity’s ReStore in Cape May Court House, where donations are warmly welcomed.

PLANNING AHEAD FOR SUMMER FUN?  You can put “Fireworks!” on your calendar twice this summer!  Stone Harbor’s fireworks display will take place Sunday, July 2nd, followed by Avalon’s on Tuesday, July 4th.  Catch them both and really stretch out the holiday weekend!

UPCOMING EVENTS:
  • Avalon’s Bulk Pick-up, items to curb from Saturday, April 29 thru Monday, May 8 with pick-up beginning on Tuesday, May 9
  • Avalon Historical Society Photography Contest and Exhibit, visit www.avalonhistorycenter.org for info, photos will be on display throughout the month, contest begins on Monday, May 1
  • 12th Annual Golf Tournament for Brendan’s Fund, www.brendansfund.org for info, Stone Harbor Golf Club, 10AM, Friday, May 5
  • Avalon Garden Club Plant Sale, Community Hall, Noon-4PM on Friday, May 5 & 9AM-4PM on Saturday, May 6
  • Stone Harbor’s Spring Tide Festival, visit www.stoneharbor.org for info, 96th Street, 11AM-5PM, Saturday, May 6
  • Avalon Wine & Spirits Festival, 200 high-end wines & spirits, hors d’oeuvres by island restaurants, silent auction, music, go to www.visitavalon.com for info, Avalon’s Community Hall, 6:30PM, Friday, May 12
  • Avalon’s paper shredding day, Firehouse hoagie sale, Bicycle auction, Lions Club yard sale, www.avalonboro.net for info, Saturday, May 13
  • Avalon Yard Sale, map pickup at 8AM at Avalon Community Hall, Saturday, May 13
  • Stone Harbor Garden Club Plant and Bake Sale, 95th Street Water Tower Plaza, 8AM-1PM, Saturday, May 13
  • Cops and Coffee Event with the Avalon police, Pudgie Pelican Restaurant, 9AM, Saturday, May 13
  • Wetlands Institute Native Plant Sale, 9:30AM-4:30PM, Saturday & Sunday, May 13 & 14
  • Stone Harbor’s Bulk Pick-up, items to curb up to 72 hours prior to pick up on Monday, May 15
  • Bishop McHugh’s 17th Annual Golf Tournament, Stone Harbor Golf Club, www.bishopmchugh.com for info, 11AM, Friday, May 19
  • Stone Harbor Garden Club Community Yard Sale, Women’s Civic Club on 96th Street, 8AM-2PM, Saturday, May 20
  • Wetlands Institute Spring Shorebird & Horseshoe Crab Festival, www.wetlandsinstitute.org for info, 9:30AM-4:30PM, Saturday & Sunday, May 20 & 21
  • Mayor’s Cup Bocce Tournament and Avalon Borough’s 125th Anniversary Celebration, www.avalonrecreation.org for info, ceremony at 9:30AM, Mayor’s Cup and activities at 10AM, Saturday, May 20
  • Cape May Traditional Jazz Society Presents Midiri Brothers Traditional Jazz, proceeds donated to the Food Bank of Southern Jersey, VFW Post #386, 419 Congress Street, Cape May, 2-4PM, Sunday, May 21
  • Stone Harbor Beach Opening Ceremony, 95th Street & the beach, 9:30AM, Friday, May 26
  • NFIP Flood Insurance Seminar, bring your flood elevation certificate for a free review, Stone Harbor Library, www.stoneharbor.org for info, 1-3PM, Saturday, June 17

Featured Property:
Bayfront with dock & boat slip plus a pool!



39 Flamingo Drive, Avalon, $2,895,000, ACTIVE MLS#: 172466


New Listings:

234 21st Street, Avalon, $519,000, ACTIVE MLS#: 175864

904 Ocean Drive, Avalon, $899,000, ACTIVE MLS#: 175719

269 25th Street, Avalon, $950,000, ACTIVE MLS#: 175708

580 Avalon Boulevard, Avalon Manor, $1,050,000, ACTIVE MLS#: 175718

308 78th Street, Avalon, $1,095,000, ACTIVE MLS#: 175809

1100 Ocean Drive, Unit 312, Avalon, $1,299,000, ACTIVE MLS#: 175837

303 39th Street, Avalon, $1,599,000, ACTIVE MLS#: 175855

3108 Ocean Drive, Avalon, $1,650,000, ACTIVE MLS#: 175668

3106 Ocean Drive, Avalon, $1,650,000, ACTIVE MLS#: 175666

6 Pelican Drive, Avalon, $1,690,000, ACTIVE MLS#: 175697

505 24th Street, Avalon, $1,875,000, ACTIVE MLS#: 175731

161 25th Street, Avalon, $2,199,000, ACTIVE MLS#: 175808

36 E 9th, Avalon, $2,800,000, ACTIVE MLS#: 175712

226 108th Street, Stone Harbor, $3,095,000, ACTIVE MLS#: 175770

313 76th, Avalon, $3,195,000, ACTIVE MLS#: 175661

198 66th Street, Avalon, $3,295,000, ACTIVE MLS#: 175664

339 104th Street, Stone Harbor, $6,095,000, ACTIVE MLS#: 175711
  

Properties Sold:

7929 Dune Drive, Avalon, $300,000, SOLD MLS#: 174152

7929 Dune Drive, Unit 307, Avalon, $310,000, SOLD MLS#: 173932

8931 Second Ave. Unit 5, Stone Harbor, $451,587, SOLD MLS#: 173268

579 22nd Street, Avalon, $547,000, SOLD MLS#: 172999

295 78th Street, Avalon, $555,000, SOLD MLS#: 174920

266 21st Street, Avalon, $622,500, SOLD MLS#: 169345

242 29th Street, West Unit, Avalon, $640,000, SOLD MLS#: 173668

8124 Third Avenue, Stone Harbor, $665,000, SOLD MLS#: 166362

704 Old Avalon Boulevard, Avalon Manor, $670,000, SOLD MLS#: 173411

371 40th Street, Avalon, $782,500, SOLD MLS#: 169897

2607 Ocean Drive, Avalon, $820,000, SOLD MLS#: 174113

491 21st Street, Avalon, $875,000, SOLD MLS#: 173339

2928 Ocean Drive, Avalon, $900,000, SOLD MLS#: 171678

792 Sunrise Drive, Avalon, $1,075,000, SOLD MLS#: 172721

6592 Ocean Drive, Avalon, $1,160,000, SOLD MLS#: 174143

2179 Harbor Avenue, Avalon, $1,240,000, SOLD MLS#: 173777

288 63rd Street, Avalon, $1,500,000, SOLD MLS#: 173707

11020 Sunset Drive, Stone Harbor, $1,695,000, SOLD MLS#: 174177

304 77th Street, Avalon, $1,910,000, SOLD MLS#: 174466

33 W 12th Street, Avalon, $2,450,000, SOLD MLS#: 170253

45 E 16th Street, Avalon, $2,500,000, SOLD MLS#: 172596

11505 Paradise Drive, Stone Harbor, $2,526,950, SOLD MLS#: 174042

6902 Ocean Drive, Avalon, $3,800,000, SOLD MLS#: 171624

181 66th Street, Avalon, $4,750,000, SOLD MLS#: 172992








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

Monday, April 24, 2017

Those with Bachelor’s Degrees More Likely to Own Home, Study Says



While it’s no news that having a college education can bring in higher wages, a new study shows that continued education may make you more likely to become a homeowner by age 30.
Recent findings from the Federal Reserve Bank of New York show that those with an education level of bachelor's degree and higher are more likely to own a home by 30—regardless of their student debt situation. Earlier studies have repeatedly shown that student debt impacts the homeownership rate, so this new information is positive for hopeful would-be homeowners who feel buried under their student loans.

“Past research has not been able to disentangle how different types of educational attainment and student debt interact to impact the likelihood of owning a home,” reads a blog post on the findings from Liberty Street Economics. The post continues: “Because we observe not only whether an individual owes student debt and has attended college, but also graduation status, level of degree obtained, and homeownership status, we are able to further disentangle the relationship between different education levels and homeownership.”
The study focused on those born between 1980 and 1986, and tracked their college attendance and homeownership rate by age. The study measured college attendance by entry into higher education by age 26 and defined student borrowers as those having any student debt at any point between ages 27 and 30. The study defined “homeownership” as having a mortgage at any time prior to age 30—an age that was normal in previous generations but has become less likely with the millennial generation.
The study found that college graduation, measured by highest degree attained, is undoubtedly associated with higher homeownership rates, regardless of debt status.

According to findings, among both graduates and non-graduates, those with student debt are again less likely to be homeowners (by age 30). The study found that by age 33, the homeownership rate for those who did not attend college is about two years behind that of those who attended college with debt but did not graduate.


Oddly, the study found that those who enter associate programs, accumulate debt, and then fail to graduate still own homes at a slightly lower rate than those who do not go to college at all (before age 30). After age 30, the two rates converge.
But is the amount of student debt related to levels of homeownership? The answer is yes. According to the study, those holding more than $25,000 of debt are less likely to own homes than those with smaller debt numbers.

To read the full report, click here.
Information provided by Rajashri Chakrabarti, Nicole Gorton, and Wilbert van der Klaauw, “Diplomas to Doorsteps: Education, Student Debt, and Homeownership,” Federal Reserve Bank of New York Liberty Street Economics (blog), April 3, 2017,



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

Saturday, April 22, 2017

Buying A New House? 5 Things To Check Before Moving In


By Kara Masterson
Buying a new house is an exciting process that marks a new chapter in life. For many people, it's fun to shop around and tour different properties. When you're serious about purchasing a home, there are a few important parts of the property to check before you move in.

The Neighborhood

You should feel comfortable with the quality of the neighborhood, which will influence the value of your home. Look at the condition of the other homes and check to see if people are loitering at different times of the day. The house should also be in proximity to your job or nearby schools if you have children. Some individuals who don't have a family may want to purchase a home in a good school district due to the impact that it'll have on the value of the property.

Storage Space

The storage space that is available in the home influences how much clutter will be left out in the open. Look for plenty of storage space that is available in the bedroom closets or in the kitchen to ensure that you can comfortably fit everything that you own without feeling cramped.

Plumbing System

Run the faucets to inspect the water pressure and ask the owners if the pipes are insulated. Hire professionals to check if the radiators are working and if the hot water tank needs to be replaced soon.

The Roof

The roof is one of the most costly features of the home and protects the interior setting from damage due to environmental elements. Hire a professional roofer to determine the lifespan of the roofing material and if it needs any repairs. The tiles or shingles should be secure on the roof deck, and there shouldn't be any leaks present.

Sufficient Drainage

Many buyers make the mistake of overlooking the drainage on the property, but the feature can cause issues if they're not in good shape. Insufficient drainage can lead to severe structural problems in the building.
Although it can be easy to fall in love with a house, there are several areas to check before making an offer to ensure that you won't run into problems down the road. By taking the time to inspect each part of the property, you can have peace of mind knowing you're making a good investment.



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

Friday, April 21, 2017

High Credit Card Balance? The New Normal

It’s no surprise that nearly three quarters of all adult Americans have at least one credit card. What may be surprising, however, is how much credit card debt we’re carrying. A January online poll from the National Foundation for Credit Counseling® (NFCC®) revealed that 56 percent of respondents carry $15,000 or more in credit card debt in their household, while only four percent declare themselves to be debt-free.



Unfortunately, high balances often lead to difficulty maintaining minimum payments and safeguarding your credit score. Before you come close to getting into credit card trouble, learn how to spot these early warning signs from the NFCC and take action:

Check your credit card usage regularly. Keep an eye on how and when credit cards are being used each month. If there is an increase in the number of times a credit card is used for purchases that had been covered in the past with cash, it could be a sign that you’re using credit to fill gaps in your budget. Instead of charging more often, look for ways to cut back to keep expenses in line with your cash flow.

Keep an eye on your balance. Each credit card comes with a credit limit. Your goal should be to keep the balance as low as possible compared to the limit. This makes payments more affordable and helps avoid running the risk of incurring costly penalties for overcharging. Stay out of trouble by paying off balances as quickly as possible, either all at once or by paying more than the monthly minimum payment.

Count your cards. Make sure plastic isn’t taking up too much space in your wallet. Federal Reserve data shows that Americans with credit carry nearly four credit cards on average. Most experts advise carrying less than that. If your number of cards is on the rise, consider consolidating. This makes it less stressful to keep track of payments and balances, which helps make debt management easier.

Source: The National Federation of Credit Counseling




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

Wednesday, April 19, 2017

The Economic & Environmental Advantages Of Housing Density

By John Voket

Did you know that housing density could serve to not only make housing less expensive, but help save the planet, too? This information comes from a newly released study.

"Right Type, Right Place: Assessing the Environmental and Economic Impacts of Infill Residential Development through 2030" represents the first comprehensive academic study of its kind. It was commissioned by Next10 (http://next10.org/right-housing), which is focused on innovation and the intersection between the economy, the environment, and quality of life issues.



Developed at the Terner Center for Housing Innovation and the Center for Law, Energy, and the Environment at UC Berkeley, the study asserts that building new homes on infill properties will spur economic growth, reduce household costs, and cut greenhouse gas emissions. Infill properties are defined as properties in already dense urban or suburban areas that are underused or vacant.

The study examines the effects of three development scenarios: "business-as-usual" where development follows the same pattern as it did from 2000 to 2015; "medium" infill which includes more infill and multifamily units; and "target" where all development occurs in infill areas.

The study advocates for the "target" scenario, estimating an increase in economic growth of $800 million per year in California compared to the "business-as-usual" scenario.

Researchers also predict that the "target" scenario will lead to a 1.8 million metric ton reduction in greenhouse gas emissions, the equivalent of taking 378 cars off the road. Infill development promotes more walkable neighborhoods resulting in decreased driving costs and lower utility bills, saving renters $312/year and homeowners $156/year.

Carol Galante, faculty director of the Terner Center, says the target infill scenario can only occur with "some additional policy changes at the local and state levels." Their recommendations include changing zoning to allow for more multifamily use, increasing allowed density, reducing parking requirements, and investing in public transportation.

The report also notes, however, that achieving this level of infill development will not be easy, because it will require policy changes at the local and state levels.




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

Monday, April 17, 2017

How Will Interest Rate Increases Affect Your Home Sale?

By John Voket

As the Fed began nudging up interest rates in March, I wondered what it might mean for the housing market. So we turned to K.C. Sanjay, Senior Real Estate Economist at Axiometrics.com, who recently blogged about the subject.



When examining the potential impact on the single family housing market, Sanjay makes the following points:

- About 5.5 million existing homes were sold in 2016, according to the National Association of REALTORS, and the annual pace of new homes sold averaged more than 563,000, according to the U.S. Census. We expect the pace of home sales to pick up moderately this year and next. First-time home buyers remain on the sidelines, and other structural issues surrounding the single-family market prevent robust growth. Existing home sales are expected to average 5.76 million per year over the next five years, the NAR said.

- Housing months of supply remained low in 2016 at 4.5 months. So Axiometerics expects this rate to pick up during the next three years.

- The pace of housing starts during the past few years has been dominated by multifamily. So Axiometrics expects this to change during the next three years, as the pace of single-family permits picks up.

- Mortgage rates are expected to gradually increase over the next three years, yet remain low.

- The increase in rates is a sign of increases in general economic conditions. Though there will be less savings and higher risk to consumers because of rising rates, higher income growth will mitigate some of the hurdle in the short-run.

- Having said that, buyers today may be more sensitive to increased rates than in the past, because of higher requirements to qualify, sluggish income growth and rapid acceleration in prices over the past three years. Low interest rates helped offset these drags.

When examining how Americans are going to pay for their new homes, Sanjay points to the 4.7 percent unemployment rate – which is below the “natural rate” of 5 percent. He added that increasing wage-growth numbers added sufficient evidence of the U.S. economy’s strength to move the rates higher.

Axiometrics forecasts an average jobs gain of over 200,000 per month from 2017-2021.



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

Saturday, April 15, 2017

10 Plants That Will Spruce Up Your Garden And Keep Mosquitos Away

Is your green thumb overdue for a project? Spring is the most popular time for new plantings because of the optimal conditions, with longer days, more sunlight, and increased rain. As long as you're gardening anyway, you have a great opportunity to choose some plants that can safely keep mosquitos out of your yard. Here are 10 that have been shown to be effective.

Mint

Mint is an effective mosquito repellant that also helps to keep flies away. It's also a great addition to an herb garden. It can be invasive, however, "and can take over an area very quickly," said do it yourself. "Plant mint in a large coffee can with the bottom cut out to keep it from taking over your garden."

Lavender

For sheer beauty and a lovely scent, it doesn't get much better than lavender. Thankfully, mosquitos don't share our love of the scent. "Have you ever noticed that insects or even rabbits and other animals have never decimated your lavender plant? It is because of their lovely fragrance, which comes from its essential oils that are found on the leaves of the plant," said Garden Design. "It is even argued that lavender oil hinders a mosquito's ability to smell! This plant is very tough and drought-resistant once established, and only needs full sun and good drainage. And while it can endure many climates, it thrives in warmer areas."


victorslavender.com

Catnip

Catnip works as a mosquito repellent thanks to the ingredient nepetalactone, which "was found to be 10X stronger than even DEET in a recent study," said Best Plants. "It is a good non-toxic alternative to traditional chemical sprays."

Citronella

You might not enjoy having citronella candles in your yard, which can be smelly and also are "often laden with chemicals," said Natural Living Ideas. But go the citronella plant route and you can get the mosquito-repelling qualities in a more natural manner. "The citronella plant (officially known as the citrosum plant and often referred to as the mosquito plant) can be grown in your garden for mosquito control. The plant carries the fragrance of citronella in its foliage, and when a leaf is crushed and rubbed onto the skin, the aroma is very pleasant, yet it helps to naturally repel those mosquitoes. While not as effective as bottled repellents, it comes without the high price or potentially hazardous chemicals, and when grown in the garden, you'll always have it on hand."

Lemongrass

If you don't want to plant citronella, plant lemongrass instead. This ornamental grass contains citronella, and many - except for mosquitos - find the scent to be pleasing.

Marigolds

"Not only do they make your landscape more attractive, but marigolds also have a distinct smell that repels mosquitoes," said Angie's List. Super easy to grow, marigolds can start from seeds or from a "starter plant from a nursery or floral department." Placing them close to doors and windows or in outdoor living spaces will help ensure that mosquitos stay away from the places your family typically congregates. And, "They also deter insects that prey on tomato plants - an added bonus for gardeners."


hotel-r.net


Lemon Balm

There are numerous potential benefits to growing lemon balm in your yard. Not only will it keep those bloodsuckers from invading your yard, but, "This member of the mint family has white flowers and a gentle lemony scent, as well as some healing properties," said Rodale's Organic Life. Because it's considered a calming herb, lemon balm has been "used as far back as the Middle Ages to reduce stress and anxiety, promote sleep, improve appetite, and ease pain and discomfort from indigestion (including gas and bloating, as well as colic)," said the University of Maryland Medical Center. "Even before the Middle Ages, lemon balm was steeped in wine to lift the spirits, help heal wounds, and treat venomous insect bites and stings. Today, lemon balm is often combined with other calming, soothing herbs, such as valerian, chamomile, and hops, to promote relaxation. It is also used in creams to treat cold sores."
The potential downsides: It "attracts pollinators, such as bees," said Angie's List. "It's fast growing, drought resistant and reseeds itself, so consider planting in a pot rather than in your yard to avoid a lemon balm takeover."

Rosemary

Rosemary has a pleasant scent and makes a great fresh herb to add to roasted chicken, potatoes, and steak, but it is also effective at repelling mosquitos. Plus, it looks great in the garden. "Plants can be grown in containers on a patio and shaped into ornamental pyramids, grown in herb gardens or planted in landscaped beds, where some varieties can grow quite large," said Mother Nature Network (MNN). "The plant itself and its cuttings are effective repellents. You can make a simple repellent spray by boiling 1 quart of dried rosemary in a quart of water for 20 to 30 minutes and then straining the liquid into a container at least a half-gallon in size that contains a quart of cool water. Put a cap on the combined liquid and store it in the refrigerator. Add the repellent to small squirt bottles as needed when going outdoors."


wikipedia.org

You can also clip some of the rosemary and burn it for extra insurance against mosquitos. "If you're planning to gather around a fire, try burning a little sage or rosemary," said Rodale's. "The incense these plants give off when they burn not only smells good but is unpleasant enough to most species of insects that it'll repel them - as long as you're near the smoke."

Lemon Thyme

Lemon thyme is a perennial with an herby lemon smell (and taste), "It pairs well in everything from salads and vegetable dishes, to meat, and fish," said The Kitchn, making it a great choice if you're looking to grow fresh herbs to use in your cooking. It properties can also send mosquitos away, but requires one extra step. "The plant itself will not repel pesky mosquitoes," said MNN. "To release its chemicals, you must first bruise the leaves. To do this, simply cut off a few stems and rub them between your hands."

Basil

Expand that herb garden with basil and you also get the benefit of a plant that turns mosquitos off. "Basil is another herb that can also double as a pest repellent," said Garden Design. "The pungent smell the basil leaves give off are what keep pests at bay. This herb likes to be kept damp, needs good drainage, and enjoys lots of sun. You can plant basil in containers or in the garden, alone or with other flowers, as long as both plants meet the same requirements."

Written by Jaymi Naciri



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

Thursday, April 13, 2017

Avalon and Stone Harbor NJ Weekly Update April 13th, 2017



MORE THAN 10,000 sprigs of dune grass were planted during Avalon’s annual planting effort earlier this month.  Avalon Elementary School students contributed,  helping to plant 2,000 of them.  Dune grass roots help to stabilize the dune system, providing protection during storm events.

BACK BAY DREDGING in Stone Harbor was completed March 31st.  All waterways and private slips have been completed, and Sevenson Environmental is expected to finish demobilizing equipment by April 15th.
               
THUNDER IN THE SKY!  For those who  love military aircraft, there are two opportunities to catch dazzling aerial performances this summer.  The US Navy Blue Angels will appear at the Millville Wheels & Wings Airshow Memorial Day weekend.  And, for the second year in a row, the US Air Force Thunderbirds will perform at the Atlantic City Airshow August 23rd.  Both jet teams offer an incredible display of power, speed, and precision flying that will impress any show attendee!

Colored clouds fill the sky as the sun sets over Cape May County’s wetlands.


A PLAN for expanded bike routes in Avalon was presented at last weekend’s Community Connections event.  The plan includes additional bike lanes on First Avenue and Avalon Avenue, as well as signage to direct bike traffic.  Funding will be sought through the Cape May County Open Space program, with completion possible in the fall of 2017.

91 PROPERTIES ARE UNDER CONTRACT in the local market—and 91 families are looking forward to their new shore home!  Why not join them?  Call or email me today—we’ll discuss your needs and begin looking for YOUR perfect shore home!

THE AVALON/STONE HARBOR UPDATE will return the week of April 24th.  Happy Easter to you & your family!

UPCOMING EVENTS:
  • Wetlands Institute Turtle Festival, pancake breakfast, activities & fun for all the family, www.wetlandsinstitute.org for info, 609-368-1211 for reservations & tickets, 9AM start, Saturday, April 15
  • Avalon’s Easter Egg Hunt, 8th-12th Street recreation fields, 10AMSaturday, April 15
  • Creative Writing Seminar, register at 609-967-7155, Avalon Free Public Library, 10AM-NoonSaturday, April 15
  • Atlantic City Jazz Band Performance, Avalon Free Public Library, 1-2PMSaturday, April 15
  • Night Walk at the Zoo, www.cmczoo.com for info, Cape May County Zoo, 6:30-8:30PMFriday, April 21
  • Stone Harbor Beach Sweep, Volunteers Needed, meet at the 95th Street beach entrance at 9AMSaturday, April 22
  • Avalon Beach Sweep, Volunteers Needed, meet at the 32nd Street beach entrance at 9AMSaturday, April 22
  • Android Workshop, basics of Android OS, register at 609-967-7155, Avalon Public Library, 10-11AMSaturday, April 22
  • IPhone Workshop for Beginners, register at 609-967-7155, Avalon Public Library, 10AM-NoonSaturday April 22
  • Stone Harbor Job Fair, Coffee Talk at 299-97th Street, 11AM-3PMSaturday, April 22
  • Avalon’s Bulk Pick-up, items to curb from Saturday, April 29 thru Monday, May 8 with pick-up beginning on Tuesday, May 9
  • 12th Annual Golf Tournament for Brendan’s Fund, www.brendansfund.org for info, Stone Harbor Golf Club, 10AMFriday, May 5
  • Avalon Garden Club Plant Sale, Community Hall, Noon-4PM on Friday, May 5 & 9AM-4PM on Saturday, May 6
  • Stone Harbor’s Spring Tide Festival, visit www.stoneharbor.org for info, 96th Street, 11AM-5PMSaturday, May 6
  • Avalon Wine & Spirits Festival, 200 high-end wines & spirits, hors d’oeuvres by island restaurants, silent auction, music, go towww.visitavalon.com for info, Avalon’s Community Hall, 6:30PMFriday, May 12
  • Avalon’s paper shredding day, Firehouse hoagie sale, Bicycle auction, Lions Club yard sale, www.avalonboro.net for info, Saturday, May 13
  • Wetlands Institute Native Plant Sale, 9:30AM-4:30PMSaturday & Sunday, May 13 & 14
  • Stone Harbor’s Bulk Pick-up, items to curb up to 72 hours prior to pick up on Monday, May 15
  • Bishop McHugh’s 17th Annual Golf Tournament, Stone Harbor Golf Club, www.bishopmchugh.com for info, 11AMFriday, May 19
  • Stone Harbor Garden Club Community Yard Sale, Women’s Civic Club on 96th Street, 8AM-2PMSaturday, May 20
  • Wetlands Institute Spring Shorebird & Horseshoe Crab Festival, www.wetlandsinstitute.org for info, 9:30AM-4:30PMSaturday & Sunday, May 20 & 21
  • Cape May Traditional Jazz Society Presents Midiri Brothers Traditional Jazz, proceeds donated to the Food Bank of Southern Jersey, VFW Post #386, 419 Congress Street, Cape May, 2-4PM, Sunday, May 21

New Listings:

7929 Dune Drive, Avalon, $344,000, ACTIVE MLS#: 175601

243 22nd Street, Avalon, $695,000, ACTIVE MLS#: 175639

267 22nd Street, Avalon, $725,000, ACTIVE MLS#: 175637

341 87th Street, Rear, Stone Harbor, $799,000, ACTIVE MLS#: 175578

391 95th Street, Stone Harbor, $979,000, ACTIVE MLS#: 175580

3418 Ocean Drive, Avalon, $1,279,000, ACTIVE MLS#: 175572

560 24th Street, Avalon, $1,295,000, ACTIVE MLS#: 175623

46 W 18th Street, Avalon, $1,695,000, ACTIVE MLS#: 175614

66 W 18th Street, Avalon, $1,950,000, ACTIVE MLS#: 175615

162 83rd Street, Stone Harbor, $2,100,000, ACTIVE MLS#: 175612

10546 Corinthian Place, Stone Harbor, $3,350,000, ACTIVE MLS#: 175596

1809 First Avenue, Avalon, $3,950,000, ACTIVE MLS#: 175616
  

Properties Sold:

8001 Second Avenue, Stone Harbor, $425,000, SOLD MLS#: 171315

2168 Sixth Avenue, Avalon, $742,500, SOLD MLS#: 174691

270 28th Street, Avalon, $795,000, SOLD MLS#: 172581

464 20th Street, Avalon, $965,000, SOLD MLS#: 174445

334 92nd Street, Stone Harbor, $1,130,000, SOLD MLS#: 173728

255 104th Street, Stone Harbor, $2,425,000, SOLD MLS#: 169672

157 69th Street, Avalon, $4,000,000, SOLD MLS#: 171812







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

Wednesday, April 12, 2017

Is This Home A Good Deal?

There's no perfect home, but some homes are more ideal for your household than others. When you look for your next home, carefully consider these four criteria - price, features, location and condition. The closer you get to meeting all four criteria, the better your chances are of making a good buy.
Price

In any market, price has to come first. To determine what you can comfortably afford, talk to your real estate professional. He or she can recommend a lender who will prequalify you for a purchase loan. When you know how much you can spend, it will be easier to shop for homes within your price range. With luck, one will stand out.

Features

The size of your household and your activities determine the features you want in your next home. The number of bedrooms, baths and living areas are a matter of comfort and convenience. You may want an extra bedroom for guests or a second master suite for parents.
If you work a lot at home, you'll want a private home office or a computer nook. You may want a playroom for the kids, a separate laundry area, and fenced yard and covered patio for entertaining. An eat-in kitchen may be more important to you than a formal dining room. You may want an outdoor kitchen or at least an entertainment area.
Think about your daily life from morning to bedtime, and how your next home can make these activities more pleasant. This should be your "must-have" list, and will help you look at homes more objectively.

Location

Some areas will always be more expensive to live in than others. Neighborhoods that are well-kept tend to maintain higher home values. Homes that are close to jobs, schools and shopping centers tend to sell for more money than homes without as much infrastructure.
What is the best home you can find in the area where you want to live? If these homes are out of your range, you can compromise -- buy a smaller home or a home that needs lots of work in the best neighborhood you can afford.

Condition

Condition refers to the state of repair. Does the home have curb appeal? Is it updated and well-maintained, or does it need extensive and expensive remodeling? Carefully consider any deferred maintenance, such as a roof that may need to be replaced in only a few years. Consider the design and functionality -- is the kitchen too small and would you be able to afford to remodel it? Look closely at repairs, cleanliness and traffic flow.
The one advantage of buying a home that needs updates and repairs is that these homes cost less than updated homes in the same neighborhood.

Be prepared to compromise. Don't frustrate yourself or your family looking for perfection. Sometimes the home of your dreams doesn't have every feature on your checklist, or it may be a little further away than your favorite neighborhood, but you'll be happy if it has most of criteria you want at the price you can afford.


Written by Realty Times Staff



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

Friday, April 7, 2017

Luxury Home Design & Decor for Green Living

There are over 80,000 different chemicals used in the U.S., and most haven't been adequately tested for their effects on human health, according to the Natural Resources Defense Council (NRDC). Buying new home decor may be high on your list, but these harmful toxins can reside in furniture and household furnishings, along with everyday items like household cleaners and toys.

Protect your health and happiness by staying proactive about your home’s design and decor. Look for eco-friendly, sustainable and non-toxic products with a reputation for quality, so you can still capture that luxurious style you’re going for. Get started with these looks that are as luxe as they are green.



Add more green
Pantone named the vibrant, splashy color Greenery the 2017 Color of the Year. The color is all about revitalization and refreshment and can be used in your favorite room in the house. Paint your entire den in bold hue like Greenery, or just an accent wall in your bedroom. Next, add a splash of red with a vase of fresh roses to breathe more life and natural aromas into your home. To get the coveted Greenery color, try Behr's New Shoot. Behr is also known for its commitment to low-odor, low-chemical emissions, and zero VOC line of Premium Plus paint for interiors.

Create a backyard oasis
Your home is more than just the walls in your house; you can tap into the natural wonders you crave right in your backyard. Turn your backyard into an oasis with hammocks or day beds, comfortable furniture and even an outdoor kitchen. Create a gathering space around a fire pit and sink into an outdoor couch while dining with friends. Turn up the music from your outdoor entertainment area and accentuate the ambiance of the space by using LED lighting after dark. Add to the natural wonder with a reflective pond or a DIY waterfall.

Upgrade your flooring
Give your floors a facelift and a modern touch with eco-friendly flooring. Lauzon Pure Genius flooring promises to make your indoor air up to 85 percent cleaner. The floors are activated by both natural and artificial light, which help put its titanium dioxide and air-purifying agents into action. As an added bonus, the floors have the same visual appeal as modern wood flooring, with a range of color options like maple, beech and hickory.

Recycle your favorite look
There are plenty of decor ideas that are made with quality, recycled materials, so they can be reused instead of wasting away in a landfill. For example, Currey & Company's bubbled recycled glass turns light fixtures into modern, hanging pendants that light up your home. Outfit the pendants with Philips Hue LED lightbulbs that you can program with your smartphone to create the lighting and colorful ambiance you love.

Transform your bedroom into a modern rustic wonder
Reclaimed wood quickly transforms the concept of a traditional headboard into a rustic piece of art. Ask in advance if the pieces are made from 100 percent reclaimed materials, or if they are blended with veneers and particle boards, which can be damaging to the environment. Complete the look with side tables, dressers and even frames for artwork created from reclaimed wood, metal and other materials for a cozy bedroom retreat.


Written by Realty Times Staff




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

Thursday, April 6, 2017

Avalon and Stone Harbor NJ Weekly Update April 6th, 2017



THE TOWNSEND’S INLET BRIDGE was closed to traffic earlier this week due to cracks found in its support structure during an underwater inspection.  Cracks and movement of underwater piles were identified approximately 20 feet below the surface.  The bridge will be closed indefinitely until repairs can be made.

BEACH REPLENISHMENT DELAY:  A mechanical problem aboard the dredge Texas has stopped beach replenishment work in Avalon until repairs can be made.  The Texas will be repaired in Cape May, but may be gone for one to two weeks before resuming operations.  About five weeks of work remain on Avalon’s beaches from 9th to 30th Streets, before a third component of the project begins on beaches in southern Avalon and northern Stone Harbor.

Golden afternoon sunshine highlights homes along Avalon’s Bayfront.


BOATERS IN NEW JERSEY are required to have a boating license before operating a vessel.    The US Coast Guard Auxiliary has made it easy to locate a Boating Safety Class online.  Simply click this link and enter your zip code to find a nearby class:  http://wow.uscgaux.info/peclass.php?unit=053-08-02

OPEN! OPEN! OPEN!  Everywhere you turn local shops and restaurants are opening their doors and preparing for the season.  Whether you need  a bagel from Avalon Coffee this weekend, breakfast at Uncle Bill’s, lunch at the Pudgie Pelican, or dinner at the Concord, you’re in luck!  You can even catch evening entertainment at The Windrift on Friday & Saturday nights!

SUMMER FLOUNDER REGULATIONS are being appealed by New Jersey’s representatives to the Atlantic Marine Fisheries Commission.  The commission had ordered a 34% reduction in the state’s summer flounder quota, increasing the minimum catch size from 18 inches to 19 inches.  Among the reasons cited for the appeal are the discarding of undersized fish that are hooked (leading to mortality), and the keeping of larger fish, most of which are females of reproductive age.  Recreational and commercial fishing employs an estimated 65,000 people in New Jersey, generating $2.5 billion for the economy.

MAKE YOUR SUMMER PLANS NOW!  If you haven’t already booked your summer vacation, now is the time!  Call or email me to get started!  Better yet, why not consider purchasing a shore property to extend your vacation throughout the year?

UPCOMING EVENTS:
  • Cape May-Lewis Ferry Beer Dinner featuring beers of Ludlam Island Brewery, details at www.capemaylewesferry.com, reservations at 1-800-643-3779, Cape May Ferry Terminal, 5:30PM, Friday, April 7
  • Avalon Home & Land Owners Association Community Connections Event, Avalon Community Hall, 9:30AM start, Saturday, April 8
  • Easter EggstravaganZoo, Easter egg hunt at 10AM, photos with the Easter bunny, displays, crafts, live animals, Cape May County Zoo, 10AM-2PM, Saturday, April 8
  • Easter Egg Hunt, Stone Harbor Fire Company on 96th Street, 1-2PM, Saturday, April 8
  • Big Band Dance featuring the Fred Hall Band, Avalon Community Hall, 7PM, Saturday, April 8
  • Cape May Traditional Jazz Society Presents the Al Harrison Dixieland Band, proceeds donated to the Food Bank of Southern Jersey, VFW Post #386, 419 Congress Street, Cape May, 2-4PM, Sunday, April 9
  • Wetlands Institute Turtle Festival, pancake breakfast, activities & fun for all the family, www.wetlandsinstitute.org for details, 609-368-1211 for reservations & tickets, 9AM start, Saturday, April 15
  • Avalon’s Easter Egg Hunt, 8th-12th Street recreation fields, 10AM, Saturday, April 15
  • Creative Writing Seminar, register at 609-967-7155, Avalon Free Public Library, 10AM-Noon, Saturday, April 15
  • Atlantic City Jazz Band Performance, Avalon Free Public Library, 1-2PM, Saturday, April 15
  • Night Walk at the Zoo, www.cmczoo.com or 609-463-4135 for details, Cape May County Zoo, 6-30-8:30PM, Friday, April 21
  • Stone Harbor Beach Sweep, Volunteers Needed, meet at the 95th Street beach entrance at 9AM, Saturday, April 22
  • Stone Harbor Job Fair, Coffee Talk at 299-97th Street, 11AM-3PM, Saturday, April 22
  • Avalon’s Bulk Pick-up, items to curb from Saturday, April 29 thru Monday, May 8 with pick-up beginning on Tuesday, May 9
  • 12th Annual Golf Tournament for Brendan’s Fund, www.brendansfund.org for info, Stone Harbor Country Club, 10AM, Friday, May 5
  • Avalon Garden Club Plant Sale, Community Hall, noon-4PM on Friday, May 5 & 9AM-4PM on Saturday, May 6
  • Stone Harbor’s Spring Tide Festival, 96th Street, 11AM-5PM, Saturday, May 6, http://stoneharbornj.org/ for more info.
  • Avalon Wine & Spirits Festival, 200 high-end wines & spirits, hors d’oeures by island restaurants, silent auction, music, go to www.visitavalonnj.com for details, Avalon’s Community Hall, 6:30PM, Friday, May 12


Featured Property:

Extraordinary privacy and views are yours in this high-dunes property!



5609 Dune Drive, Avalon, $8,950,000, ACTIVE MLS#: 175051


New Listings:

571 Avalon, Avalon Manor, $335,000, ACTIVE MLS#: 175509

10726 Third Avenue, Stone Harbor, $525,000, ACTIVE MLS#: 175408

9501 Sunset Drive, Stone Harbor, $589,000, ACTIVE MLS#: 175455

7832 Ocean Drive, Avalon, $779,000, ACTIVE MLS#: 175496

3347 Ocean Drive, Avalon, $849,000, ACTIVE MLS#: 175457

14 E 27th Street, Avalon, $974,900, ACTIVE MLS#: 175458

223 35th Street, Avalon, $997,500, ACTIVE MLS#: 175486

2420 Fourth Avenue, Avalon, $999,000, ACTIVE MLS#: 175525

312 88th Street, Stone Harbor, $1,150,000, ACTIVE MLS#: 175400

294 48th Street, Avalon, $1,249,000, ACTIVE MLS#: 175523

39 Marine Way, Avalon, $1,295,000, ACTIVE MLS#: 175532

411 Berkley Road, Stone Harbor, $1,300,000, ACTIVE MLS#: 175513

73 W 14th Street, Avalon, $1,499,000, ACTIVE MLS#: 175534

3028 Avalon Avenue, Avalon, $1,550,000, ACTIVE MLS#: 175470

62 W 32nd Street, Avalon, $2,850,000, ACTIVE MLS#: 175412

10724 Corinthian Place, Stone Harbor, $2,995,000, ACTIVE MLS#: 175499

4603 Fifth Avenue, Avalon, $3,495,000, ACTIVE MLS#: 175456

190 75th Street, Avalon, $3,695,000, ACTIVE MLS#: 175471
  

Properties Sold:

7929 Dune Drive Unit 307, Avalon, $310,000, SOLD MLS#: 173932

7 Weber Court, Stone Harbor, $350,000, SOLD MLS#: 169347

1471 Ocean Drive, Avalon, $622,000, SOLD MLS#: 171828

704 Old Avalon Boulevard, Avalon Manor, $670,000, SOLD MLS#: 173411

371 40th Street, Avalon, $782,500, SOLD MLS#: 169897

260 105 Street, Stone Harbor, $785,000, SOLD MLS#: 173838

221 17th Street, Avalon, $950,000, SOLD MLS#: 174596

2208 Ocean Drive, Avalon, $1,050,000, SOLD MLS#: 174149

3229 Dune Drive, Avalon, $1,112,500, SOLD MLS#: 172991

6801 Ocean Drive, Avalon, $1,200,000, SOLD MLS#: 174620

2181 Harbor Avenue, Avalon, $1,240,000, SOLD MLS#: 174637

313 76th Street, Avalon, $1,379,000, SOLD MLS#: 170440

9807 First Avenue, Stone Harbor, $1,655,000, SOLD MLS#: 168783

4785 Fourth Avenue, Avalon, $2,100,000, SOLD MLS#: 167533

159 86th Street, Stone Harbor, $2,690,000, SOLD MLS#: 174226

4316 Fourth Avenue, Avalon, $3,175,000, SOLD MLS#: 175136

10032 Corinthian, Stone Harbor, $4,300,000, SOLD MLS#: 170339






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