Long Beach Island New Jersey Real Estate | LBI NJ Real Estate | Nathan Colmer

Long Beach Island Bayfront Homes

Nathan Colmer | Van Dyk Group

C: 609.290.4293 | O: 609.492.1511

Long Beach Island Bayfront Homes

Buying a Long Beach Island bayfront home involves several considerations that are not present in other property locations throughout the LBI real estate market. For example, a Riparian Right (the ability to construct a dock), can add a great deal of value to a property. Additionally, the location on Long Beach Island and, more importantly, the proximity to the inlets can impact the value. If you are considering building a new home on the bayfront, CAFRA must also be considered when looking at the purchase of a property. These factors can add or detract hundreds of thousands of dollars!

 

 

Long Beach Island Bayfront Homes | LBI NJ Real Estate | Bayfront Real Estate

LBI Real Estate Buyers

 

 

 

Bayfront Homes in the LBI NJ Real Estate Market

There are three waterfront locations in the LBI real estate market (oceanfront, bayfront, and Lagoonfront), each with its own unique attributes. Bayfront and lagoon front homes offer great appeal for boaters, but these waterfront locations may come with a high price, depending on the home style and location. Tracking bayfront real estate sales on Long Beach Island is a good first step to understanding waterfront real estate on LBI.

 

 

Long Beach Island Bayfront Homes | LBI NJ Real Estate | Bayfront Real Estate

Bayfront Homes on Long Beach Island

Bayfront homes offer excellent views of the famous LBI sunsets and ever-changing scenery with the boats and the birds playing in the bay. It can be more challenging to generalize the value of an "average" bayfront home. Not all bayfront properties have Riparian rights, and the location on the bay, along with the amount of bay frontage present at the home, can significantly impact the value. A Riparian right or grant allows the owner of the property to build a dock into the bay. Bayfront properties that have these rights or licenses have an added value. Prices for bayfront homes will vary with tear downs or vacant land trading around $1,000,000-$3,000,000 and developed sites being worth anywhere from $1,500,000 to over $5,000,000 on average, or even more!

 

 

 

Where Are Bayfront Homes on Long Beach Island?

Bayfront homes are located on the West side of Long Beach Island, directly on the waterfront. They are not to be confused with Lagoonfront homes which, while waterfront, are located on mostly artificial canals.

The map shown here is a small section of LBI showing Haven BeachThe Dunes and Beach Haven Terrace. The areas outlined in red are bayfront locations on Long Beach Island. The areas outlined in yellow are Lagoonfront homes. As you can see, the yellow lagoon front areas lack their bayfront counterparts' views (and the price point), but still offer direct bay access for boaters.

 

 

 

Long Beach Island Bayfront Homes | LBI NJ Real Estate | Bayfront Real Estate

LBI Real Estate CAFRA Waterfront Development

CAFRA deals with the following conditions on Long Beach Island, which can have a surprising impact on the value of a home in the LBI real estate market:

  • Any structure built in a tidal flow waterway anywhere in New Jersey will require CAFRA permits and tidelands instruments.
  • This usually includes docks, piers, pilings, boat lifts, bulkheads, etc.
  • Permits are also required outside the CAFRA zone; however, all of Long Beach Island falls within the CAFRA zone.
  • There are exemptions for repairing or replacing an existing dock, bulkhead, etc., provided the replacement is the exact location and size.

Understanding LBI Real Estate CAFRA Waterfront Development is necessary before buying or selling any waterfront property on Long Beach Island. Many older oceanfront and bayfront homes are sold as tear-downs with the bulk of the value resting in what could be developed. Oftentimes, these homes are sold without any representation or guarantee of what can be built. Therefore, buyers and sellers alike must understand what value to place on the ability, or inability, to expand or build a new home. 


Riparian Rights will also play a crucial role in valuing a home on the bayfront. When looking at a bayfront property in the LBI real estate market, understanding what can be done with docks and bulkheads can also add or detract a great deal of money in the transaction. Riparian grants and Riprian leases are the instrument that allows for the construction of a dock. Riparian grants and leases are essentially ownership rights into the bay, and the absence of Riparian Rights will prohibit the construction of a dock. If they are present on a property, Riparian grants and/or leases will also outline the dock size that may be built. It is essential to have the right team of advisers to help you understand the rules and regulations associated with waterfront development on Long Beach Island and its value. Buyers should also be cautious of any past tideland claims on bayfront properties or any wetlands that may be present. A title company should be able to check on this during the closing to ensure there are no infringements on the property that could impact the ability to develop a bayfront site. 

 

 

 

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Your LBI Beach House is a Phone Call Away! Call Nathan Colmer 609-290-4293

Nathan Colmer

609.290.4293

ncolmer@vandykgroup.com

The Van Dyk Group

12800 Long Beach Blvd

Beach Haven Terrace NJ 08008

609.492.1511