WOW, IT’S BEEN COLD! Daytime highs were in the 20s earlier this week, and overnight lows dipped into the teens. After a mid-week warm up, more frigid lows are expected along with the possibility of snow over the weekend.
OUR SUNSETS are occurring a tiny bit later each day, and are now finally happening after 5pm. Slightly longer daylight hours give us hope that spring is on its way!
OCEAN WATER TEMPERATURES are around 40 degrees now, but can quickly change a few degrees based on daily winds (offshore winds blow relatively warm surface water out, bringing cooler water to the surface). Despite the gradually lengthening days, the ocean water temperature typically continues to fall until February, when it averages 35 degrees!
MORTGAGE RATES REACHED a three-year low last week, as the average 30-year fixed rate fell to 6.06%, down from more than 7% a year ago. The average 15-year fixed rate fell to 5.38%, down from 6.27% a year ago.
A SAND MOVING PROJECT will be conducted in Avalon this spring in order to replenish eroded beaches in the north end of town. Just prior to the holidays Avalon took delivery of two large John Deere dump trucks, which will be used by Borough employees in combination with a bulldozer and loader already owned by Avalon, in order to move beach sand from a borrow area to the north end beaches. Maintenance of the beaches remains a priority for the Borough, as it not only enhances the beach for visitors, but in turn the beaches help project the island in the event of storms.
UPCOMING EVENTS:
- Cozy Concert Series: Jazz Guitar Duo featuring Brian Betz. Stone Harbor Library, Saturday, January 31st, 1pm to 2pm.
- South Jersey Folklore: Exploring the Supernatural in the Pine Barrens. Avalon Free Public Library, Friday, February 6th, 2pm.
- The Valentine’s Express. Cape May Seashore Lines, Saturday & Sunday, February 7th & 8th. https://www.seashorelines.org/
- Estate Planning Discussion. Attorney Marianne Johnston will discuss Estate and Long-Term Care Planning. Topics will include protecting retirement plans, protecting children’s inheritance through a Bloodline Trust, and protecting assets from Nursing Homes and Medicaid. No registration required. Avalon Free Public Library, Friday, February 27th, 2pm to 3pm.
- Stone Harbor Shiver Polar Plunge Weekend. Friday night pre-Shiver party, Saturday parade and showdown. March 14th & 15th.
328 83rd Street, Stone Harbor, $3,295,000, ACTIVE MLS#: 260116
2425 Harbor Avenue, 2425, Avalon, $3,750,000, ACTIVE MLS#: 260136
374-376 96th Street, Stone Harbor, $4,500,000, ACTIVE MLS#: 260138
8310 Sunset Drive, 8310, Stone Harbor, $4,699,000, ACTIVE MLS#: 260105
6229 Dune Drive, Avalon, $4,795,000, ACTIVE MLS#: 260077
53 E 25th Street, Avalon, $5,150,000, ACTIVE MLS#: 260081
74 W 7th Street, Avalon, $5,495,000, ACTIVE MLS#: 260093
867 Avalon Avenue, Avalon, $5,495,000, ACTIVE MLS#: 260095
207 120th Street, Stone Harbor, $7,295,000, ACTIVE MLS#: 260086
Under Contract:
46 E 18th Street, Avalon, $7,495,000, ACTIVE MLS#: 260099
Properties Sold:
11116 2nd Avenue, Stone Harbor, $4,100,000, SOLD MLS#: 252069
177 74th Street, Avalon, $4,617,000, SOLD MLS#: 252922
431 24th Street, Avalon, $5,925,000, SOLD MLS#: 252784
