Nathan Colmer

Cell: 609.290.4293

Long Beach Island Single Family Homes | Single Family Homes LBI NJ Real Estate | Long Beach Island New Jersey

Search Long Beach Island single family homes and single family homes in the LBI NJ real estate market on Long Beach Island New Jersey. Single family homes are the most active area of the LBI real estate market and will sell between $300,000 to over $15,000,000!

 

 

Single Family Homes in the Long Beach Island Real Estate Market

 

Single Family Homes in the LBI NJ Real Estate Market

Single family homes are the most common and the most active form of real estate on LBI. Single family homes will often sell from the low $300,000 price range up to several million dollars!

  • Single family homes typically require a minimum down payment of 20%.
  • Single family home prices range from the low $300,000  up to $15,000,000!
  • Be sure to read the fine print of listings as some agents will enter a condo or co-op into the MLS as a single-family home when it is really not.

Generally, single family homes offer the best investment in the LBI real estate market, as they are excellent rental properties and are easy re-sales in the future. Since Hurricane Sandy, there have been a number of storm damaged single family homes on LBI. These homes may be excellent investment opportunities. While they are mostly sold at land value, some of these homes can be renovated or raised for much less than an undamaged single family home would cost.

About Single Family Homes on LBI

Single family homes on Long Beach Island come in a variety of styles and price ranges.

The first wave of single family home development took place in the late 1890's through the 1920's. Many of these now historic homes are found in Beach Haven and are subject to approval before demolition or exterior renovation is permitted. These homes will sell in the low $800,000 to over $3,000,000 on the oceanside and about $500,000-$1,000,000 on the bayside.

The next substantial wave of development on Long Beach Island took place in the 1950's and 1960's. These homes, mostly Cape Cod style homes, were developed by a local family (who also developed Beach Haven West on the mainland). These traditional beach houses are very popular in the LBI real estate market and still make wonderful beach homes. Many buyers choose to renovate these homes rather than demolish and build new. These homes can sell anywhere from $400,000 to $800,000 depending on the location and condition.

Starting in the late 1970's through today, large contemporary homes on pilings have become the norm. Most of these homes are reversed living, meaning the kitchen and living areas are located on the top floor to take advantage of potential views. These homes offer the very best of shore living with new homes being almost completely maintenance free in design. These homes will typically have large decks and a roof deck. Prices will vary greatly depending on the location and condition but most of these homes sell between $700,000 and $3,000,000

High end homes, those selling for over $5,000,000 do not fit into any of the above categories. It is their unique style, location and layout that drives the price up. Many of these homes will feature oceanfront pools, large lots of several acres and only the highest end amenities.

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