How to go from renter to owner on Long Beach Island?Located on the North End in Harvey Cedars, this three - bedroom, two bath duplex shares ownership with other members of a homeowner
House Raising On Long Beach Island New Jersey
Flood Insurance, Hurricane Sandy and House Raising in the LBI NJ Real Estate MarketLet me begin by saying that not every house on Long Beach Island needs to be raised. Perhaps this is the biggest falsity concerning house raising on LBI. FEMA has established a Base Flood Elevation or “BFE” for all properties on Long Beach Island. This is the level above sea level to which FEMA recommends a new house be built to or a house be elevated to, should a major renovation take place. The BFE is computed by adding the natural elevation of the ground above sea level with the elevation of the structure. For example:
- A house has a Base Flood Elevation (BFE) of 8 feet.
- The ground elevation is 5 feet above sea level.
- The house must be elevated 3 additional feet to meet FEMA’s requirement.
- A house needs to be raised only if the house was “substantially damaged”.