Nathan Colmer | The Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Nathan Colmer | The Van Dyk Group
C: 609.290.4293 | O: 609.492.1511
Search LBI bayfront homes for sale on Long Beach Island NJ. Browse all waterfront real estate and find your perfect beach house!
A bayfront home on Long Beach Island offers extreme waterfront luxury combined with direct water access for boaters. It has been long said that Long Beach Island has some of the best sunset vistas in New Jersey...and a bayfront home ensures you get to enjoy that view every evening! With their often oversized lots, bayfront homes have become an excellent opportunity to create a mini-oasis complete with pools and outdoor kitchens right on the waterfront.
The market for bayfront homes is usually rather competitive. At any given time there are approximately 75-100 active bayfront listings throughout the LBI real estate market. The price of a single family bayfront home will vary based on the size, location and the presence or absence of Riparian Rights. Generally speaking, vacant land and tear down bayfront building sites will sell in the $900,000-$1,500,000 range. Move in ready bayfront homes will usually sell in the $1,200,000-$4,000,000 range! Below are some recent bayfront single-family home transactions in the Long Beach Island real estate market.
For many, a bayfront home is appealing not only for the views, but also for the ability to dock a boat. Surprisingly however, not all bayfront homes are permitted to construct a dock! In order for a dock to be legally built, one of two permits must be attached to a property deed. They are:
Riparian rights essential equate to "ownership" of the land and water extending out from the "dry" property. These rights show on a survey of the property. Without them, building a dock would not be permitted as you would be building on State land! A riparian grant is true ownership of the property whereas the lease allows the homeowner to rent the land from the State of New Jersey. Both allow for construction and use of a dock and the annual cost is about the same for a grant or a lease.
For many, a bayfront home is appealing not only for the views, but also for the ability to dock a boat. Surprisingly however, not all bayfront homes are permitted to construct a dock! In order for a dock to be legally built, one of two permits must be attached to a property deed. They are:
Riparian rights essential equate to "ownership" of the land and water extending out from the "dry" property. These rights show on a survey of the property. Without them, building a dock would not be permitted as you would be building on State land! A riparian grant is true ownership of the property whereas the lease allows the homeowner to rent the land from the State of New Jersey. Both allow for construction and use of a dock and the annual cost is about the same for a grant or a lease.
Buying or building on the waterfront involves an additional understanding of State and local laws. There can be dramatic differences in the value of a home depending on setbacks, the absence or presence of Riparian rights, and a multitude of other factors. For more information about bayfront real estate sales on Long Beach Island feel free to contact me, Nathan Colmer and I will be happy to answer any questions you have.