Keeping Current Matters

National Association of Realtors

Friday, August 10, 2018

Avalon and Stone Harbor NJ Weekly Update August 9, 2018 #RealEstate

CHECK YOUR SUMMER BUCKET LIST!  Now that we’re well into August, it’s time to review your summer bucket list again!  Whether you want to teach your grandchild to fish, climb the Cape May Lighthouse, see a movie on the beach, or try a new restaurant with friends, set aside the time and make it happen! 
MORTGAGE RATES have increased slightly in recent months but remain extremely low by historical standards.  Mike Mento of Prosperity Mortgage recently shared the chart below which illustrates that point very clearly based on data collected by Freddi Mac.  Further rate increases, however, could make it more expensive to purchase or refinance, so whether you’re preparing to buy a home, or want to refinance your existing home, contact Mike for mortgage info today at (609) 839-1203 or  Ready to look at homes?  Contact me today!

Today’s mortgage rates are still low based on historical rate data collected by Freddie Mac.
FLOOD ADVISORY SYSTEM:  Stevens Institute of Technology in Hoboken, NJ, along with a group of other partners, has developed a free, online flood advisory system.  If the indicator nearest your location is green, all is normal.  Yellow indicates water levels near flood stage, and orange or red indicate more severe flooding.  By selecting a monitoring station, recent water level history can be viewed, along with predicted water levels over the next few days.  Check it out here:

Hammer Harrison of the Harlem Globetrotters shows off his moves on the court.  Catch the Globetrotters in Wildwood August 15th -18th—see below for info.  (Mike Centioli photo)
THE HARLEM GLOBETROTTERS return to the Wildwoods Convention Center for four games plus skills clinics Wednesday, August 15th to Saturday, August 18th.  Fans young and old will marvel at the dazzling moves the Globetrotters make on the court—it’s fun for the whole family!  Use the promo code “SAVE30” to save 30% on your ticket order (restrictions apply).  Tickets and more info can be found here:
DESIGNER HOUSE TOUR:  Cape Regional’s 7 Mile Island Home & Health Show and Designer House Tour will be held on Saturday, August 11.  The Home & Health Show opens at 9 am at Avalon Elementary School and admission is free.  The Designer House Tour opens at 11 am.  Tickets are on sale now for $35 per person at Avalon Chamber of Commerce or by calling 609-463-4040.  Online purchase of tickets are also available by clicking HERE.  Tickets will also be on sale at the Home & Health Show starting at 9 am on August 11th – stop by early to enjoy the exhibits and leave for the tour from the school.  For more information, call Cape Regional Foundation at 609-463-4040.
FLOOD INSURANCE SEMINAR:  David Sonner of Land & Sea Services Flood Mitigation and Sam Wierman of the Ide Insurance Agency will present a free seminar covering all aspects of flood insurance on Saturday, August 11th, from 12pm to 2pm at the Stone Harbor Library.  Topics of discussion will include NFIP regulations and changes, the Biggert-Waters reform act, flood elevation and venting, plus more.  All are welcome; bring your flood elevation certificate to see if you could reduce your flood insurance premium.  If attending please RSVP to
  • Avalon Free Public Library’s ‘Libraries Rock!’ Kid’s Reading Program, prizes every week, NOW through Friday, August 17
  • APAC Children’s Mini Event: Atka The Amazing Eskie, Avalon Elementary School, 11AM-Noon, Thursday, August 9
  • Avalon’s Thursdays on Dune Event, Veteran’s Plaza, family friendly activities at 5:30PM, concert featuring Radio Neon at 7PM, Thursday, August 9
  • Movie Night at Stone Harbor Library, featuring The Lego Batman Movie, 5:30-7:30PM, Thursday, August 9
  • Summer Club Concert featuring Big Band Orchestra & Dancing, Avalon Community Hall, 8PM, Friday, August 10
  • Classic Car Show, Historic Cold Spring Village, Saturday & Sunday, August 11 & 12
  • Cape Regional’s 7 Mile Island Home & Health Show, Avalon Elementary School, 9AM-1PM, Saturday, August 11
  • Avalon Home & Land Owner’s Association Meeting, Avalon Community Hall, 9:30AM, Saturday, August 11
  • Cape Regional’s 7 Mile Island Designer House Tour, call 609-463-4040 for details & ticket info, 11AM-4PM, Saturday, August 11
  • Flood Insurance Seminar, Stone Harbor Library, Saturday, August 11, 12pm to 2pm.  RSVP to
  • Big Band Dance featuring the John Clark Band, Avalon Community Hall, 7PM, Saturday, August 11
  • Yacht Club of Stone Harbor’s Festival of Lights Boat Parade, begins at dusk, Saturday, August 11
  • Stone Harbor Surf & Turf 5 Miler, Stone Harbor Recreation Field at 81st & Second Avenue, 6:45AM registration, 8AM race, Sunday, August 12
  • Stone Harbor’s Farmer’s Market, 95th Street Water Tower Plaza, 8AM-12:30PM, Sunday, August 12
  • Stone Harbor Bird Sanctuary Tour, meet at Egret Espy Trail at 114th Street & Second Avenue Entrance, 10AM, Sunday, August 12
  • Cape May Traditional Jazz Society presents the Atlantic City Jazz Band, VFW Post #386, 419 Congress Street, Cape May, 2-4 PM, Sunday August 12
  • Fishing With the Mayor, Avalon Community Hall, 10AM, Monday, August 13
  • Monday Funday, activities for kids, Avalon History Center, 10AM, Monday, August 13
  • Stone Harbor Family Night, fun for all, Stone Harbor Fire House, 7PM, Monday, August 13
  • Children’s Mini Event featuring Juggling with Will Shaw, Avalon Elementary School, 11AM, Tuesday, August 14
  • Tuesdays at the Tower featuring Free Fallin’ – Songs of Tom Petty, 95th Street Water Tower Plaza, 7-8:30PM, Tuesday, August 14
  • Avalon’s Beach Movie featuring Jumanji: Welcome to the Jungle, 30th Street & the Beach, dusk, Tuesday, August 14
  • LEGO Club, Avalon Free Public Library, 10AM, Wednesday, August 15
  • Harlem Globetrotters, Wildwoods Convention Center, Wednesday, August 15 to Saturday, August 18.  
Featured Property:
This home sits atop Avalon’s high dunes, offering an extraordinary location and view of the ocean!

5499 Dune Drive, Avalon, $8,699,000, ACTIVE MLS#: 182927

New Listings:
8811 Third Avenue, Stone Harbor, $495,000, ACTIVE MLS#: 183193

30 Channel Road, Avalon Manor, $599,000, ACTIVE MLS#: 183169

8218 Third Avenue, Stone Harbor, $609,000, ACTIVE MLS#: 183327

378 83rd Street, Stone Harbor, $695,000, ACTIVE MLS#: 183290

31 Stone Court, Stone Harbor, $725,000, ACTIVE MLS#: 183347

4351 Ocean Drive, Avalon, $1,199,000, ACTIVE MLS#: 183209

394 93rd Street, Stone Harbor, $1,199,000, ACTIVE MLS#: 183161

929 Dune Dr., Avalon, $1,495,000, ACTIVE MLS#: 183145

136 34th Street, Avalon, $1,699,000, ACTIVE MLS#: 183276

10905 Sunset Drive, Stone Harbor, $1,950,000, ACTIVE MLS#: 183231

185 78th Street, Avalon, $1,990,000, ACTIVE MLS#: 183190

573 21st Street, Avalon, $2,195,000, ACTIVE MLS#: 183303

2405 Harbor Avenue, Avalon, $2,199,000, ACTIVE MLS#: 183181

11501 Paradise Drive, Stone Harbor, $2,695,000, ACTIVE MLS#: 183301

164 84th St., Stone Harbor, $2,750,000, ACTIVE MLS#: 183185

4718 Ocean Drive, Avalon, $2,850,000, ACTIVE MLS#: 183170

70 W. 24th Street, Avalon, $3,195,000, ACTIVE MLS#: 183151

119 106th Street, Stone Harbor, $3,295,000, ACTIVE MLS#: 183188

4385 Fourth Avenue, Avalon, $4,245,000, ACTIVE MLS#: 183168

94 E. 14th Street, Avalon, $4,595,000, ACTIVE MLS#: 183322

1 107th Street, Stone Harbor, $5,499,000, ACTIVE MLS#: 183241

Properties Under Contract:
235 99th Street, Stone Harbor, $399,000, UNDER CONTRACT MLS#: 181824

7929 Dune Dr., #306, Avalon, $449,000, UNDER CONTRACT MLS#: 183287

184 26th Street, Avalon, $599,000, UNDER CONTRACT MLS#: 183244

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

1116 Stone Harbor Boulevard, Stone Harbor Manor, $874,000, UNDER CONTRACT MLS#: 179706

65 W. 11th Street, Avalon, $1,495,000, UNDER CONTRACT MLS#: 182091

2766 Ocean Drive, Avalon, $1,850,000, UNDER CONTRACT MLS#: 182388

12010 Third Avenue, Stone Harbor, $2,295,000, UNDER CONTRACT MLS#: 181696

234 14th Street, Avalon, $2,395,000, UNDER CONTRACT MLS#: 182876

139 94th Street, Stone Harbor, $2,695,000, UNDER CONTRACT MLS#: 177239


Properties Sold:
7929 Dune Drive, Avalon, $284,000, SOLD MLS#: 179864

7751 Ocean Drive, Avalon, $400,000, SOLD MLS#: 169072

8815 Second, Unit B, Stone Harbor, $819,000, SOLD MLS#: 179974

3935 Fourth Avenue, Avalon, $839,500, SOLD MLS#: 181049

10517 Second Avenue, Stone Harbor, $1,350,000, SOLD MLS#: 181754

162 83rd Street, Stone Harbor, $1,450,000, SOLD MLS#: 175612

130 108th Street, Stone Harbor, $1,910,000, SOLD MLS#: 183121

69 Pelican Drive, Avalon, $2,650,000, SOLD MLS#: 181320

10546 Corinthian Place, Stone Harbor, $2,900,000, SOLD MLS#: 180231

315 60th Street, Avalon, $3,600,000, SOLD MLS#: 180195

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