Nathan Colmer

Cell: 609.290.4293

Townhomes | Condos | Long Beach Island Real Estate

Search townhomes, condos and the Long Beach Island real estate market. You can learn about the different types of condos and townhomes for sale in the LBI real estate market!

 

Condos and Townhomes on Long Beach Island

When looking to buy or sell a condo on LBI, there are a few important points to remember.

  • Condos in the LBI real estate market range in price from under $200,000-$2,000,000!
  • Duplexes can be converted into condos for an inexpensive and easy entrance into the LBI real estate market.
  • Always remember to account for the added fees of monthly maintenance and common insurance.

Most condos on Long Beach Island will sell for about $350-$450/ sq. foot. The price depends on the condo, the location, and the condition of the unit. Usually, there are about 2-5 condo sales each month, and an inventory of about 50-80 units on the market at any given point.

Converted Duplexes

A duplex is a two or three family home on Long Beach Island. The majority of these homes were built during the 1960's, and they mostly offer 2 or 3 bedrooms and 1 bathroom. They are excellent properties to buy, as they offer ample space (usually about 800 sq. feet), an open flood plan, and an affordable price point.

Converted Motels

These units typically offer an excellent location (usually within a block of the beach) at an affordable price. Most are 1 or 2 bedroom units, and usually will sell under $300,000.  For the off season, many of these condos will be winterized, so the water will be shut off to the entire complex.

Large, Custom Built Complexes

These are the traditional condo scenarios with many units, common amenities (like a pool or tennis courts), and professional management. Typically, the monthly fees are higher in these units, as they have to cover more amenities, but these units offer resort style living on Long Beach Island.

Side by Side Townhomes

Side by sides share a common wall with the neighbor next door (they are almost always only 2 units). Most side by sides in the LBI real estate market offer 3-5 bedrooms, 2-3 bathrooms and are usually around 1,500-2,500 sq. feet!

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