New Jersey Shore Vacation Home Prices Making Waves

New Jersey State Department of Treasury data of residential home values in the following New Jersey Shore towns show a dramatic change in pricing, making this one of the best times to buy Jersey Shore vacation real estate.  When combined with low, low interest rates it’s really a a “no brainer” when it comes to buying or selling a NJ Shore vacation home.  

Monmouth County  

Town            2007 Average Price      2008 Average Price     Change

Allenhurst   $1,450,000                  $1,760,000               + $310,000
Asbury Park $ 305,990                    $ 269,786                  – $ 36,205
Avon           $ 980,000                    $ 964,094                  – $ 15,906
Belmar         $ 559,056                    $ 454,975                  – $ 104,081
Bradley        $ 531,134                    $ 465,689                  – $ 65,445
Brielle         $ 765,593                    $ 654,432                  – $ 111,161
Interlaken   $ 683,333                    $ 697,000                  + $ 13,667
Loch Arbor  $1,720,000                  $1,316,667                 – $403,333
Long Branch$ 547,833                    $ 467,206                   – $ 80,626
Manasquan $ 629,271                    $ 659,990                   +$ 30,719
Sea Girt       $ 1,503,914                 $1,369,043                 -$134,871
Spring Lake $ 1,510,947                 $1,378,522                 -$132,425

To search for FREE MLS for Monmouth County NJ Jersey Shore Real Estate go to: 

www.asburyparklife.com/jerseyshorerealestate.html

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