UNDERSTANDING LOT SIZES WHEN BUILDING A NEW HOME ON LONG BEACH ISLAND NEW JERSEY

Dated: 05/01/2014

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LOT SIZES ON LONG BEACH ISLAND NEW JERSEY

New Construction in the LBI NJ Real Estate Market

One often overlooked area of the LBI real estate market is new construction. Many buyers tend to pass by new construction as a viable option but the reality is that building a new home on Long Beach Island can be a very smart investment! New construction costs will typically run about $160-$170/ sq. foot which, when added to the cost of the land, can result in a new home on LBI well under the current market value of the finished home. When looking to build a new house onLBI, it is important to understand Lot Sizes on Long Beach Island New Jersey and how the relate to value in the Long Beach Island sales market.Click here to search all homes for sale in the Long Beach Island NJ real estate market

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