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Oceanside homes are located east of Long Beach Blvd. and offer the advantage of not having to cross the main road to access. Oceanside homes are a very popular location in the LBI real estate market as they offer a less expensive price point than their ocean block and oceanfront counterparts, yet still offers easy beach access. Most Oceanside homes are located in the A flood zone which is manageable in terms of flood insurance.
When looking to buy a home on LBI, it is important to keep in mind your intended use. There is a great deal of information that needs to be understood when shopping for the correct location. For example, Oceanside, ocean block, and oceanfront homes will rent a higher price point and rent more frequently than their bayside counterparts. That said, homes east of Long Beach Blvd. will also sell for more money, so it is easy to end up outside one's budget. It is important to keep each variable in mind when looking for a second home, vacation property, or investment in the LBI real estate market.
Oceanside homes are located east of Long Beach Blvd but will have at least one street to cross, usually Beach Ave or Ocean Blvd, to access the beach.
The areas shaded in red in the map show a common example of oceanside home locations in the LBI real estate market.
The old adage, “location, location, location” is the key when renting a home on Long Beach Island. While homes rent in all locations on LBI, oceanfront, ocean block and oceanside properties are by far the most highly sought after. If you are looking at Investing In The LBI NJ Real Estate Market strictly for financial gain, it would be wise to consider these properties first as they will not only rent faster than bayside properties, they will also hold their value better during the ups and downs that naturally occur in any market. That being said, you will pay more for an oceanside, oceanblock or oceanfront home on Long Beach Island so you have to make sure the additional rent and appreciation are worth the extra cost. By no means should bayside properties be excluded when Investing In The LBI NJ Real Estate Market. Bayside homes will rent and will appreciate. They will simply do so at a slower pace than their oceanside counterparts.
Here you can browse updates on recent sales in the LBI real estate market. You can browse past years updates as well to gain perspective on the current market trends we see throughout the Long Beach Island New Jersey real estate market.
Flood insurance has become an important topic for both buyers and sellers in the LBI real estate market. Buyers and sellers should be aware of their flood zone, their flood risk and how this impacts home prices in the Long Beach Island real estate market. Learn the ins and outs of flood insurance and why it is so important to your LBI real estate transaction as it relates to buying a home on the oceanside areas of Long Beach Island.
Read more about the LBI real estate market and the market for oceanside and oceanblock homes on my Long Beach Island real estate blog.