Here's What's Making Waves
in Avalon & Stone Harbor
March 2021
FOR SALE
 
* There are 8 bay front single-family homes For Sale ranging from $3.5M to $11.5M
 
* 3 of the 8 homes are Brand New; ranging from $5.2M to $8.5M.
 
* There are only 2 properties For Sale within the Bay Front Condo/Townhome segment of the market; Asking Prices are $420,000 and $1,649,000.


SOLD
 
* Since January of 2020, a total of 51 bay front single-family homes have been placed Under Contract For Sale!

The Asking Prices of those homes ranged from $1,645,000 to $8,500,000.
 
* Since January 2020, a total of 41 bay front Condo/Townhomes have been placed Under Contract For Sale!

The Asking Prices of those properties ranged from $315,000 to $3,895,000

* 16 of the 41 properties are located in Stone Harbor; with Asking Prices ranging from $315,000 to $1,090,000

* 25 of the 41 properties are located in Avalon; with Asking Prices ranging from $789,000 to $3,895,000



Breakdown of the 51 sold single-family homes
 
* 13 are located in Stone Harbor; with Asking Prices ranging from $1,645,000 to $6,700,000

* 38 are located in Avalon; with Asking Prices ranging from $1.6M to $8.5M

* 5 Brand New homes priced between $6M and $8.5M

* 3 were priced under $2.5M

* 12 were priced between $2.5M and $3.5M

* 17 were priced between $3.5M and $4.5M

* 5 were priced between $4.5M and $5.5M

* 13 were priced between $5,995,000 and $8,500,000



Looking to purchase a property?

Today’s exceptionally low mortgage interest rates help to
maximize your purchasing power!
Per Keith Coolahan at Citizens Bank, today’s rate for a 30 year fixed rate “Jumbo Loan” is 3.125%. That loan has a monthly payment of $4,284!
 
If you would consider renting the property after your purchase, then the strong rental demand can yield $40,000 to $200,000+ in rental income!
 
Contact me today for more details!

11001 Third Ave, 1st floor
 Stone Harbor
Asking $779,000
This first floor condo is located two blocks from the beach and offers a great deck with bay views!






55 West 32nd Street, Avalon
Asking $925,000
This 3 bedroom condo is only half a block to the beach and a short walk into town! Due to local zoning regulations, most condos are located much further from the beach than this property!



29 Seabreeze Lane, Avalon Manor
Asking $1,495,000
This beautiful 4,100+ square foot home sits on a huge lot and offers sweeping bay, wetland & sunset views! The home features high ceilings on the first floor, vaulted ceilings on the 2nd floor, tons of deck space, a detached garage and more!




329 92nd Street, Stone Harbor
Asking $1,500,000
Your new home on this vacant lot will offer a bay view and a convenient location that’s 3.5 blocks from the beach and around the corner from town!



474 104th St., Stone Harbor
Asking $3,995,000
This bayfront home is perched on the edge of the Intra-Coastal Waterway and therefore offers spectacular bay, wetland & sunset views! With an approx 72 foot long bulkhead, the site offers an exceptionally large amount of frontage along the bay and tons of bayside decking! The home features a traditional floor plan with the Living/Kitchen/Dining Areas wrapped in glass and located on the first floor for convenient bayside access!



315 58th Street, Avalon
Asking $8,295,000
The spectacular bayfront location offers gorgeous sunsets and is only about two blocks from the beach! The home is currently under construction and will be sold furnished, in move-in condition!



306 62nd Street, Avalon
Asking $8,495,000
This amazing new bayfront home is being built on an extra-large lot! The resulting 7,700 square-foot floor plan is one of the largest available on the Island! The property features panoramic views and a sunset to end each day!




Featured Rental Properties
(Click on photo for additional details)

Check out these great new listings!
10311 Sunrise Drive 
Stone Harbor


Brand New Bayfront Home
Pool, elevator, and 2.5 blocks to beach!
Sleeps 14 with 5 bedrooms and 4.5 baths


2909 First Avenue - Unit B
Avalon

Only two blocks from the beach!
Renovated townhome with brand new interior!
Sleeps 10 with 3 bedrooms and 2 baths


7929 Dune Drive #211
Avalon

Beachblock condo with pool!
Large patio area; walking distance to everything!
Sleeps 4 with 1 bedroom and 1 bath


Avalon Environmental Commission Sponsors Beachside Science at Surfside Park
Avalon is launching a new program at Surfside Park at 30th Street and the Beach titled, “Beachside Science at Surfside Park”. The program is presented by the Wetlands Institute of Stone Harbor, and sponsored by the
Avalon Environmental Commission.

This program will be offered for free on May 19th, June 16th, July 21st, August 18th, and September 15th starting at 6pm. 

Here are the topics that will be discussed this summer:

May 19th–What is a Barrier Island, and Why Are Living Fossils Here?

June 16th–A Diamond in the Dunes–The Northern Diamondback Terrapin

July 21st–Shorebird Babies ‘R Us–
The Birds That Rely on the Jersey Shore to Nest

August 18th–Where Did That Seashell Come From? The Unsung Heroes of Our Beaches

September 15th–Just Passing Through–Migration at the Avalon Coastline

For more information, please contact the Wetlands Institute!

Intracoastal Waterway Dredging Update
The Army Corps of Engineers (Philadelphia District) is responsible for maintaining the 117 mile - long New Jersey Intracoastal Waterway. Sections of the waterway are periodically dredged to improve navigation by boaters. Last month the Dredge Fullerton began dredging the channel between Channel Markers 419 and 421 (west of Stone Harbor). The project will then move north behind Channel Markers 386 and 388. The sediment is placed in a nearby area called Sturgeon Island as part of a continued marsh restoration and habitat enhancement project.
Shop-A-Holics Weekend Comes To
Avalon on March 11th
2021 Shop-A-Holics is on!
This popular shopping event is going island-wide with participating stores hosting in-store designers, discounts, plus deals throughout Avalon and Stone Harbor. The event will be held Thursday, March 11 through
Sunday, March 14 at participating stores
For a list of stores and store hours, please go to either Avalon or Stone Harbor's chamber of commerce website!