Home Values On Long Beach Blvd In The LBI NJ Real Estate Market

Dated: 03/19/2014

Views: 699

How Much Is A House On Long Beach Blvd Worth?

To illustrate how location impacts the sales price of a home on Long Beach Island, I have put together some information for oceanside single family homes in Long Beach Township priced to $750,000 in both Long Beach Blvd locations and homes located off of Long Beach Blvd which have sold between February 1st 2013 and February 1st 2014. The market sales were broken down as follows:
  • There were 3 closed oceanside  single family homes on Long Beach Blvd
  • The average sales price of these oceanside Long Beach Blvd homes was $515,667 or $303/ sq. foot
  • There were 24 closed oceanside homes during the same time period not located on Long Beach Blvd
  • The average sales price of these oceanside homes that were not located on Long Beach Blvd was $553,281 or $386/ sq. foot
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