PROPERTY TYPES IN LONG BEACH ISLAND, NJ

Waterfront Homes on LBI

LBI Real Estate Waterfront Homes on Long Beach Island

Waterfront homes on Long Beach Island represent the highest level of luxury for most homeowners. Life by the water offers "million dollar" views, with spectacular sunrises over the ocean and sunsets over the bay. Waterfront homes in the LBI real estate market range from affordable oceanfront and bayfront condos to luxurious estates. These homes can be used a primary residences, vacation homes, or lucrative summer rental properties.

Each of the different towns on Long Beach Island offers a unique waterfront lifestyle. The south end of LBI, including areas like Beach Haven, features non-stop fun with easy access to shopping, dining, surfing beaches, and all-day excitement. By contrast, the north end of Long Beach Island, including areas like Loveladies and North Beach, offers private beach access, large tracts of land, and unmatched privacy.

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HOW TO CHOOSE A WATERFRONT HOME

LBI New Jersey Real Estate

When looking to buy or sell a waterfront home on Long Beach Island, it is important to understand the differences between a waterfront home and a non-waterfront home. The value of an oceanfront home will depend greatly on the CAFRA footprint of the home. In other-words, how large of a home can be built on the lot. A property with a generous footprint will allow for larger living spaces and larger decks, thus adding value. Bayfront home prices can be influenced by a Riparian Grant or a Riparian Lease. Having Riparian Rights, allow for the construction of a dock...something of great importance to many bayfront home shoppers for the purposes of docking a boat. Not all bayfront homes have Riparian Rights, so it is important to understand the limitations of these homes.

THE WATERFRONT LIFESTYLE ON LBI

Living on the water can be a dream come true. Whether you are looking to wake up on the oceanfront and check the surf, dine on a deck with friends while watching a the waves break or walk from your back yard to your boat for a sunset cruise, there is truly nothing like a waterfront home on LBI!

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LBI Oceanfront Homes

Oceanfront homes, also referred to as beachfront homes, are properties that directly adjoin the Atlantic Ocean. All things being equal, this is the most expensive real estate on LBI. Single-family oceanfront homes range in value, with "tear down" prices starting around $900,000 and beautiful estate homes selling for over $10,000,000. A more affordable option in the oceanfront home market is to purchase a condo. Oceanfront condos also have a wide price range, with prices starting in the $300,000 to $400,000 range and capping over $1,000,000.

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LBI Bayfront Homes

Bayfront homes are properties that have a bulkhead or private bay beach on Barnegat Bay. Barnegat Bay, part of the intracoastal waterway system, is the body of water that separates Long Beach Island from mainland New Jersey. The bay spans several miles in width and is dotted with small, uninhabited islands that shift with the seasons. In the LBI real estate market, both single-family homes and condos are available for sale on the bayfront. The presence—or absence—of Riparian Rights can have a significant impact on the value of a bayfront home.

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LBI Lagoonfront Homes

Lagoonfront homes are the most affordable waterfront option in the LBI real estate market. These homes offer a protected space to dock a boat, with reduced exposure to storms and wave action—making them especially appealing to boaters seeking both value and convenience. While not every area of Long Beach Island features lagoonfront properties, they can be found in Beach Haven, The Dunes, Harvey Cedars, Loveladies, and High Bar Harbor.

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Beach Haven West Homes

In addition, there are many affordable waterfront homes situated on lagoons across the bay from Long Beach Island in the Beach Haven West real estate market. Beach Haven West, which is not located on Long Beach Island but rather is located just across the bay, offers all the amenities of waterfront living at a far more affordable price.

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REAL ESTATE TIP:

Be sure to calculate the higher cost of ownership associated with waterfront homes in the LBI real estate market. Apart from higher upfront purchase costs and higher property taxes, maintenance will generally be more expensive on the water thanks to the natural salt air.