Nathan Colmer | The Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Ship Bottom NJ real estate, Long Beach Island NJ real estate and LBI NJ information. Read about recent LBI real estate transactions in Ship Bottom New Jersey and things to do on Long Beach Island.
Ship Bottom New Jersey real estate tends to be one of the most affordable areas of the LBI real estate market. With an average home value of about $500,000-$600,000, there are many opportunities for buyers in the Ship Bottom real estate market. On average, homes have a value per square foot of $450 or so making it one of the lowest averages on LBI. This is not to say that Ship Bottom is not a great place to live! Ship Bottom is a higher density area with many smaller lot sizes thus making the homes more affordable.
Ship Bottom New Jersey is the first town you enter when crossing the Causeway bridge to Long Beach Island. The unique name comes from an old ship wreck. During a fierce storm, an Italian merchant ship ran aground off the coast of Ship Bottom. When rescuers arrived at the vessel, it was found that all passengers and crew were dead except for one lone woman who was pounding on the hull of the now capsized vessel. As she was taken from the bottom of the ship, the name “ship bottom” stuck! Ship Bottom NJ on Long Beach Island tends to be one of the more crowded areas on Long Beach Island due to the close proximity to the bridge and the natural width of LBI at this point in the Island. Ship Bottom is located between Surf City to the north and Brant Beach to the south.
Ship Bottom NJ real estate on Long Beach Island New Jersey is comprised of a mix of residential single family homes, duplexes, commercial real estate and condominiums. Lot sizes in Ship Bottom vary from very small lots with only 20 feet of frontage and 100 feet of depth to the more standard 50x100 lots. Due to the many smaller lots in Ship Bottom, the area can have a higher density than other parts of Long Beach Island NJ. This density can have a negative impact on the Ship Bottom NJ real estate market, but it also makes the area more affordable. The close proximity to the Causeway bridge makes Ship Bottom very appealing for many buyers in the LBI real estate market as it makes for an easier time to get on and off of Long Beach Island in the busy summer months.
The Ship Bottom NJ real estate market offers some excellent value for those looking in the LBI real estate market. Buyers must be aware that the area is not going to be a quiet as some other areas of Long Beach Island NJ and sellers must be aware of how Ship Bottom NJ real estate compares to other areas of Long Beach Island.
The Ship Bottom NJ real estate market offers those considering buying Ship Bottom NJ real estate options at an affordable value! If you are considering buying in the LBI real estate market, please contact me and I will be happy to discuss the area and Ship Bottom NJ real estate on Long Beach Island New Jersey with you. You can search Long Beach Island real estate or contact Nathan Colmer anytime.