Category Archives: Shore Real Estate

Shore rentals starting to look shaky?

Posted on July 15, 2024 by grim

From the Philly Inquirer: Jersey Shore rental market sees cancellations, dropped prices, vacant weeks. What’s going on? Is the “Shore crowd in Italy”? Again? That’s the buzz, or rationalization, among some renters, real estate agents and homeowners at the Jersey … Continue reading →

Posted in Demographics, Economics, Shore Real Estate | 59 Comments

$8m Middle Sedge Mansion Torn Down

Posted on July 7, 2024 by grim

From NBC: Jersey Shore mansion on private island now demolished after abandoned for years It was an unusual house that turned heads for decades along the Jersey Shore. Now, it is no more. The home and adjacent guest house on … Continue reading →

Posted in New Jersey Real Estate, Shore Real Estate | 7 Comments

Eatontown = Hollywood?

Posted on February 24, 2024 by grim

From NJ.com: Netflix plan to build massive N.J. studio gets key approval Netflix’s plans to build a $903 million production studio complexat the former Fort Monmouth army base got a key approval from a local board Wednesday. The Fort Monmouth Economic … Continue reading →

Posted in Economics, Employment, New Development, New Jersey Real Estate, Shore Real Estate | 43 Comments

Priced out of Monmouth

Posted on February 12, 2024 by grim

From the APP: Monmouth County median home prices start the new year by rising over the $800K mark The median home in Monmouth County listed for $808,750 in January, up 2.5% from the previous month’s $789,000, an analysis of data from Realtor.com … Continue reading →

Posted in Housing Bubble, New Jersey Real Estate, Shore Real Estate | 57 Comments

Shocker: Rental agents say you should rent…

Posted on February 9, 2024 by grim

From CBS/Philly: Jersey Shore real estate experts urge families to book summer rentals quickly as warm weather approaches Jersey Shore real estate experts are urging families to book their summer rentals quickly as they expect a spike in demand for … Continue reading →

Posted in Philly, Shore Real Estate | 100 Comments

Do mortgage rates even matter anymore?

Posted on October 2, 2023 by grim

From the APP: Mortgage rates double. Here is why that hasn’t killed Jersey Shore home bidding wars With mortgage rates rising to 22-year highs, the prospects for the sale of the house at 321 14th Ave. in Belmar could have … Continue reading →

Posted in Demographics, Economics, Housing Bubble, Mortgages, New Jersey Real Estate, Shore Real Estate | 44 Comments

Falling out of love with the shore

Posted on September 4, 2023 by grim

From the Star Ledger: Here’s how the Jersey Shore rental market was this summer and a reminder that it’s not over yet For the first time in a few years, you might’ve gotten a deal or picked up a prime … Continue reading →

Posted in Economics, New Jersey Real Estate, Price Reduced, Shore Real Estate | 26 Comments

Peak Shore?

Posted on August 13, 2023 by grim

From the Philly Inquirer: Did Shore house owners push their luck with high rents? Prices are dropping and weeks are open. Last summer, her Shore house in Avalon fully booked, Katie Leighton took the family on a vacation to Europe. … Continue reading →

Posted in New Jersey Real Estate, Shore Real Estate, Unrest | 23 Comments

It’s a bargain, darling.

Posted on June 5, 2023 by grim

From the NY Post: Beach bargains: Hamptons luxury home prices are dropping After numerous record-breaking, pandemic-fueled, $100-million-plus mega-mansion sales, the hyped up Hamptons may have finally hit a wall.  The number of East End home sales fell to their lowest … Continue reading →

Posted in Economics, NYC, Price Reduced, Shore Real Estate | 56 Comments

Snooki the mogul

Posted on May 1, 2023 by grim

From 94.3: ‘Snooki’ Strikes Gold with Stunning Secret New Jersey Waterfront Flip Did you know that Nicole ‘Snooki’ Polizzi had a waterfront vacation home in Brick? Most of us knew about the home the couple purchased in Toms River (tour … Continue reading →

Posted in New Jersey Real Estate, Shore Real Estate | 37 Comments

How did this survive?

Posted on April 29, 2022 by grim

From NJ1015: This Historic New Jersey Beach Mansion Has the Best View on the East Coast

Posted in Shore Real Estate | 149 Comments

Tax the shore

Posted on May 28, 2019 by grim

From WHYY: N.J. may roll back tax on Shore rentals, but details remain fuzzy New Jersey lawmakers are moving to exempt many Shore-goers from an unpopular new tax on home rentals, but it’s still unclear when the change would take … Continue reading →

Posted in Property Taxes, Shore Real Estate, Unrest | 56 Comments

Has Asbury made it?

Posted on May 21, 2019 by grim

From the NYT: Asbury Park, N.J.: A Seaside Community Reborn Carolyn Curtin moved to Asbury Park in 2002 and fell in love with a late Victorian house with a falling-down porch and heaven knows what other problems. She knew nothing … Continue reading →

Posted in Economics, Housing Recovery, New Development, Shore Real Estate | 156 Comments

Shore Uprising

Posted on March 12, 2019 by grim

From the NYT: ‘Airbnb Tax’ in N.J. Opens New Front in Battle Over Internet Economy The Jersey Shore, a storied summer vacation spot, has become the newest national battleground over regulating and taxing the internet economy. New Jersey is one … Continue reading →

Posted in Demographics, Economics, Politics, Shore Real Estate | 78 Comments

Another hit to the shore

Posted on February 3, 2019 by grim

From Shorebeat: Legislators: N.J. Minimum Wage Hike A ‘Death Sentence’ for Jersey Shore Economy Shore area businesses will be forced to either raise prices, cut workers or close down entirely in the wake of the state’s proposed law that gradually increases … Continue reading →

Posted in Economics, Employment, Shore Real Estate | 84 Comments