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Avalon and Stone Harbor Weekly Update February 17, 2022

February 17, 2022 By Bill and Kay Leahy


Wawa in Stone Harbor is currently closed and in the midst of a renovation, but is expected to reopen soon.  The Avalon Wawa remains open 6am to 9pm daily.

AVALON now offers remote viewing of Council meetings, along with remote commenting during public comment sessions.  Meetings can be accessed via Zoom on the second and fourth Wedensday of each month at 4pm.  The Zoom link as well as archived meetings are available on the Borough’s website: https://avalonboro.net/government/council-meetings-live-streaming/

GETTING OUT ON THE WATER is popular and a great way to relax and enjoy beautiful surroundings.  Easy ways to spend time afloat include renting a personal watercraft for an hour, or fishing aboard a party or charter boat.  Making the leap to boat ownership can be expensive, and a large time commitment. Recently a new boating option has surfaced–the boat club.  This new type of boating experience includes scheduled usage of boats that are new or nearly so, but without the hassle of maintenance or the expense of purchasing and storing them.  For a membership fee plus an annual cost, the club cleans, maintains, and stores the boats, and has them ready when you arrive for your time on the water.  Three boat clubs operate in our immediate area: Carefree Boat Club in Avalon, Freedom Boat Club in Somers Point and Cape May, and the Jet Drive Boat & Jet Ski Club in Ocean City.  If you’re interested in boating but don’t want the commitment of owning, maintaining, and storing your own boat, a boat club may be the right choice for you.

INTEREST RATES have increased in response to inflation reports and anticipated Federal Reserve Bank rate hikes.  30-year conforming fixed-rate mortgages reached  3.875% earlier this week, with 15-year conforming rates slightly less.  Note: If you’re buying a shore home, vacation rental rates have increased noticeably in the past couple of years.  Renting your shore property–even for a week or two–can more than cover the slight increase in mortgage interest expense!

BEHR BREWING has opened its doors on Seashore Road in Erma.  The new craft brewery is currently featuring seven beers in their tasting room, and is currently open Friday & Saturday.  Visit them online at   https://www.behrbrewing.com/  Behr Brewing joins several other local breweries in Cape May County’s vibrant craft brewing community, including Cape May Brewery, Mud Hen Brewing Company, Coho Brewing Company, Gusto Brewing Company, 7 Mile Brewery, Bucket Brigade Brewery, Slack Tide Brewing Company, and Ludlam Island Brewery.

BRIDGE TESTING: The Townsend’s Inlet Bridge, linking Avalon with Sea Isle City, will undergo testing of its bascule (drawbridge) span on March 3rd.  The testing of the bridge will result in closures to automobile and marine traffic for intervals lasting about 15 minutes over the course of several hours.  The Grassy Sound Bridge, linking Stone Harbor with Wildwood, was scheduled to be tested earlier this week.
New Listings:

286 33rd Street, B, Avalon, $1,249,000, ACTIVE MLS#: 220356

378 83rd Street, 1, Stone Harbor, $1,299,000, ACTIVE MLS#: 220369

227 106th Street, Stone Harbor, $2,099,000, ACTIVE MLS#: 220360

14 E. 27th Street, Front, Avalon, $2,495,000, ACTIVE MLS#: 220340

Properties Under Contract:

280 79th Street, 5, Avalon, $969,000, UNDER CONTRACT MLS#: 220307

1739 Dune Drive, Avalon, $1,750,000, UNDER CONTRACT MLS#: 220330

202 92nd Street, Stone Harbor, $1,995,000, UNDER CONTRACT MLS#: 220348

4125 4th Avenue, Avalon, $2,495,000, UNDER CONTRACT MLS#: 211711

148 95th Street, Stone Harbor, $3,595,000, UNDER CONTRACT MLS#: 214120

Properties Sold:

7888 Dune Drive, 108, Avalon, $299,000, SOLD MLS#: 212720

2778 Dune Drive, D, Avalon, $950,000, SOLD MLS#: 214257

10802 First Avenue, Stone Harbor, $4,517,000, SOLD MLS#: 214400

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William and Kay Leahy of Long & Foster Real Estate, Inc

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Take advantage of Bill's local real estate market knowledge and expertise to find the home of your dreams! 100% of his energies will be devoted to finding just the right property for you.

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William J. Leahy - Broker-Sales Associate | bill@bleahy.com | Cell: 609-827-4405
Long & Foster Real Estate, Inc | 2997 Dune Dr - Avalon, NJ 08202 | Office: 609-967-3001 or Toll Free 1-800-967-7796

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