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Keeping Current Matters

National Association of Realtors

Thursday, April 19, 2018

Avalon and Stone Harbor NJ Weekly Update April 19, 2018 #RealEstate


MARKET STATS: The number of units sold (26) and the number of contracts written (33) both increased this month, but remain below last year’s levels due to tighter inventory.  See the newest Long & Foster Market Minute for a detailed look at the latest stats:  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf


See the latest Long & Foster Market Minute for a comprehensive look at the latest market stats.


BEACH SWEEPS will take place in Avalon and Stone Harbor on Saturday, April 21st.  Volunteers are needed!  In Stone Harbor, meet at the Beach Patrol building at 95th Street & the beach at 9am.  Volunteers are encouraged to bring gloves and dress appropriately for the weather.   In Avalon, the event will be held in conjunction with the annual dune grass planting.  Volunteers are encouraged to sign up in advance by contacting Sue Keen at (609) 967-5924 or skeen@avalonboro.org.  The group will then meet at Community Hall at 30th Street & the beach at 8:30am. 

AVALON’S EXPANDED BIKE PATH:  Work began last week on Avalon’s expanded bike path.  Designed to route bike traffic around congested areas of Dune Drive, new bike lanes will be added to First Avenue and Avalon Avenue.

BOATERS…don’t forget you need a boat license to operate a vessel in New Jersey waters.  The US Coast Guard Auxiliary offers dozens of boat safety courses nearby, including Avalon, Wildwood, Cape May, Ocean City, and other locations.  To find one nearby, click here:  http://cgaux.org/boatinged/class_finder/index.php

PRESIDENT GEORGE W. BUSH made a brief visit to Atlantic City last week, according the The Press of Atlantic City.  Bush “43,” arrived on a private plane at 9:30am last Thursday in order to deliver a speech at the Borgata Hotel Casino & Spa, and then left town around 12:30pm. 

RENTAL INCOME is a great way to offset the cost of purchasing a vacation home.  You can rent out your vacation home two weeks tax free, or rent as many weeks as you like to cover more of your carrying costs.  How about a $269,000 condo with $15,000 in rental income?  Or perhaps a $1.8 million home with $90,000 in income?  In either scenario, your tenants cover A LOT of the cost of your ownership.  Whatever your budget, let me show you what kind of rental income we can generate for you!

UPCOMING EVENTS:
  • AAZK Night Walk at the Cape May County Zoo, after hours tour, tickets required & are available prior to the event at https://www.eventbrite.com/e/night-walk-at-the-zoo-tickets-44733169113?aff=es2 Friday, April 20
  • Tree to Tree Night Climb, aerial obstacle course, Cape May County Zoo, visit http://treetotreecapemay.com for info, Friday, April 20
  • Avalon Dune Grass Planting & Clean Ocean Action’s Beach Sweep, Volunteers Needed, Avalon Community Hall, 8:30AMSaturday, April 21
  • Stone Harbor Clean Ocean Action’s Beach Sweep, Volunteers Needed, 95th Street Beach, 9AMSaturday, April 21
  • Cape May County Zoo’s Earth Day Celebration, 5K Earth Day Race & 1 Mile Fun Run, music, story time, inflatable obstacle course & slide, visit www.cmczoo.com for details, 8:30AM-4PMSaturday April 21
  • Creative Writing, tips & feedback on memoirs, short stories, articles & books, register at 609-967-7155, Avalon Free Public Library, 10AM-Noon Saturday, April 21
  • Ocean Drive Marathon, www.odmarathon.org for details, 9AMSunday, April 22
  • Avalon Garden Club Arbor Day Celebration, 37th & Dune Drive, 10:30AMFriday, April 27
  • Stone Harbor Elementary School Arbor Day Celebration, 1:30PMFriday, April 27
  • 13th Annual Golf Tournament to benefit Brendan’s Fund, visit www.brendansfund.org for details, Stone Harbor Golf Club, 12 Noon tee time, 5PM for dinner, Friday, May 4
  • Stone Harbor’s Spring Tide Festival, artisans, sea-faring family friendly activities, food, live music, beer & wine garden, more, Stone Harbor’s downtown shopping area, 11AM-5PMSaturday, May 5
  • Cinco De Mayo Benefit for Brendan’s Fund, visit www.brendansfund.org for details, The Taco Shop at 1288 Hornet Road, Rio Grande (Cape May County Airport), Saturday, May 5
  • Avalon Garden Club Plant & Bake Sale, Avalon’s Community Hall, 10AM-4PM on Saturday, May 5 & 10AM-3PM on Sunday, May 6
  • Avalon Wine & Spirits Festival, Avalon Community Hall, 6:30-9PMFriday, May 11
  • Avalon Yard Sale sponsored by the Avalon Garden Club, map pickup at 8AM at Avalon Community Hall, Saturday, May 12
  • Stone Harbor Garden Club Bake Sale, 96th Street Water Tower Plaza, 8AM-2PMSaturday, May 12
  • Stone Harbor Garden Club Plant Sale, Stone Harbor Firehouse, 8AM-2PM on Saturday, May 12 & 8AM-Noon on Sunday, May 13
  • Avalon Volunteer Fire Department Ladies Auxiliary Plant Sale, Avalon Fire House, 8AM-3PMSaturday, May 12
  • Avalon Fire Department Hoagie Sale, Avalon Fire House, 10AM-2PMSaturday, May 12
  • Big Band Dance featuring the Star Band, Avalon Community Hall, 7PMSaturday, May 12
  • Cape May Traditional Jazz Society Presents the Atlantic City Jazz Band, VFW Post #386, 419 Congress Street, Cape May, proceeds benefit the ‘Food Bank of Southern Jersey’, 2-4PMSunday, May 13

Featured Property:

Breathtaking views and a quick walk across the bridge into Stone Harbor!



1123 Stone Harbor Boulevard, Stone Harbor Manor, $1,200,000, ACTIVE MLS#: 180049


New Listings:

280 27th Street, Avalon, $599,000, ACTIVE MLS#: 181335

543 22nd Street, Avalon, $624,900, ACTIVE MLS#: 181356

48 Seabreeze Lane, Avalon Manor, $825,000, ACTIVE MLS#: 181308

301 39th Street, Avalon, $1,445,000, ACTIVE MLS#: 181406

6080 Ocean Drive, Avalon, $1,475,000, ACTIVE MLS#: 181342

69 Pelican Drive, Avalon, $2,799,000, ACTIVE MLS#: 181320

606 42nd Street, Avalon, $6,750,000, ACTIVE MLS#: 181368


Properties Under Contract:

151 95th St., Unit 5, Stone Harbor, $450,000, UNDER CONTRACT MLS#: 180212

1114 Stone Harbor Blvd., Stone Harbor Manor, $499,000, UNDER CONTRACT MLS#: 171783

144 Meadowview Lane, Avalon Manor, $599,900, UNDER CONTRACT MLS#: 180433

263 80th Street, Avalon, $675,000, UNDER CONTRACT MLS#: 181318

138 111th Street, Stone Harbor, $1,795,000, UNDER CONTRACT MLS#: 181138

9 98th Street, Stone Harbor, $2,775,000, UNDER CONTRACT MLS#: 177558

222 70th Street, Avalon, $2,895,000, UNDER CONTRACT MLS#: 178267

10546 Corinthian Place, Stone Harbor, $3,195,000, UNDER CONTRACT MLS#: 180231

288 63rd Street, Avalon, $3,295,000, UNDER CONTRACT MLS#: 179622



Properties Sold:

1114 Stone Harbor Boulevard, Stone Harbor Manor, $572,500, SOLD MLS#: 178566

904 Ocean Drive, Avalon, $780,000, SOLD MLS#: 175719

910 Stone Harbor Boulevard, Stone Harbor Manor, $830,000, SOLD MLS#: 177891

211 102nd Street, Stone Harbor, $1,650,000, SOLD MLS#: 180175

9 W. 22nd Street, Avalon, $1,927,000, SOLD MLS#: 180695

2405 Harbor Avenue, Avalon, $2,000,000, SOLD MLS#: 180498

302 42nd Street, Avalon, $2,100,000, SOLD MLS#: 179039

4506 Fifth Avenue, Avalon, $2,950,000, SOLD MLS#: 181324










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