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Avalon and Stone Harbor Weekly Update October 20, 2022

October 20, 2022 By Bill and Kay Leahy

Beach erosion along Avalon’s beaches can be clearly seen in these photos taken by Pat McCusker.  See below for more on area beaches.

MANY AREA BEACHES are in need of replenishment after several days of northeast wind and waves in early October stripped away sand, leaving steep drop offs in numerous places.  The photos above show Avalon’s beaches last week, but similar conditions exist in Stone Harbor as well as areas of Sea Isle City and North Wildwood.  Avalon Mayor Martin Pahliughi announced that an additional $8.5 million had been secured for an upcoming major beach replenishment project, bringing the total secured funding for the work up to $27 million.  That federally backed replenishment project, which will include Stone Harbor, is anticipated to occur late in the first quarter of 2023, and bids are expected next month.  Mayor Pagliughi reminds us that the beach and dune system did what they were supposed to do during the recent storm event. “Sand is meant to be sacrificed to protect human lives, critical infrastructure, and property.”

MARKET STATS: The number of active listings increased to 115 during the month of September, but 28 properties were placed under contract, meaning the market is returning to a more normal four-months of supply.  For a detailed look at the market, see the latest Long & Foster Market Minute report below.

 


View The Latest Long & Foster Market Minute Report  |  Download/Print PDF

PROFESSIONAL PICKLEBALL is coming to Avalon next year.  The Association of Pickleball Professionals (APP) selected Avalon for a tour stop next September 6-10.  According to the borough, “the APP New Jersey Classic will include the top tour professionals in the world, a senior pro tournament, and an amateur division so locals and visitors can compete with each other.”  The event will include vendors, livestreaming, and other attractions.  Avalon opened its ten pickleball courts in 2018, and says they’re the most popular recreational attraction in the borough.

TIRED OF THE STOCK MARKET ROLLER COASTER?  How about a shore property to diversify your investment portfolio, provide you with rental income to offset carrying costs, plus a lifetime supply of family memories?  If you’d like to discuss the benefits—financial and otherwise—of owning a shore home, please call or email me today!

UPCOMING EVENTS:

  • Avalon Fall Dune Grass Planting.  Volunteers should report outside Avalon Community Hall at 8:30am, Saturday, October 22nd.  Please RSVP to Chuck McDonnell (609-967-3066) or Sue Keen (609-967-5924) to sign up.  Rain date, Sunday, October 23rd.
  • Clean Ocean Action Beach Sweep, Avalon, 9am to 12:30pm, Saturday, October 22nd.  (Stone Harbor’s Beach Sweep has been cancelled due to beach erosion.) For more info and registration: https://cleanoceanaction.org/aboutbeachsweeps
  • Pickleball with the Police, 8th Street Courts, Monday, October 24th, 3pm-6pm.  ahagner@avalonboro.org to register.
  • Wizard’s Express, Tuckahoe Train Station, Friday-Sunday, October 28th-30th. https://www.seashorelines.org/Passenger/Wizards
  • Stone Harbor Business District Trick or Treat, Saturday, October 29th, 11am to 4pm.
  • Avalon Trunk or Treat.  Costume Parade, Hayrides on the Beach, Cotton Candy, Caramel Apples, 30th Street Parking Lot, Avalon Community Hall.  Saturday, October 29th, 5pm to 7pm.
  • Ice Cream Express, Tuckahoe Train Station, Saturday, November 12th. https://www.seashorelines.org/Passenger/Ice-Cream
  • Murder on the Seashore Lines Express, Tuckahoe Train Station, Saturday, November 12th.  https://www.seashorelines.org/Passenger/Murder

 

New Listings:

7800 Dune Drive, 125, Avalon, $359,900, ACTIVE MLS#: 223235

7800 Dune Drive, 330, Avalon, $375,000, ACTIVE MLS#: 223234

293 68th Street, A, Avalon, $1,885,000, ACTIVE MLS#: 223202

407 20th Street, 407 20th, Avalon, $3,795,000, ACTIVE MLS#: 223248

19 Flamingo Drive, Avalon, $5,995,000, ACTIVE MLS#: 223215

24 E. 19th Street, Avalon, $6,295,000, ACTIVE MLS#: 223208

Properties Under Contract:

327 80th Street, 17, Stone Harbor, $1,450,000, UNDER CONTRACT MLS#: 222231

2310 Dune Drive, Avalon, $1,675,000, UNDER CONTRACT MLS#: 222773

9807 First Avenue, Stone Harbor, $3,625,000, UNDER CONTRACT MLS#: 221983

138 76th Street, Avalon, $7,499,000, UNDER CONTRACT MLS#: 222928

Properties Sold:

700 First Avenue, 210, Avalon, $870,000, SOLD MLS#: 223246

10425 Corinthian Drive, Stone Harbor, $1,875,000, SOLD MLS#: 220584

45 W. 20th, Avalon, $2,500,000, SOLD MLS#: 222559

10800 Second Avenue, Stone Harbor, $3,300,000, SOLD MLS#: 222600

481 42nd Street, Avalon, $3,995,000, SOLD MLS#: 222411

10 E. 11th Street, Avalon, $4,250,000, SOLD MLS#: 220741

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

Meet Bill

Bill Leahy of Long & Foster Real Estate is your go to luxury home professionals at the South Jersey Shore! From the top of the market, multi-million dollar listings and sales to the finest homes in all of Avalon, Stone Harbor and Sea Isle City - Bill has you covered.

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.

Want to tour a property or are ready to list your home? Contact Bill today!

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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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