Panoramic views of the beach and surf from this newly remodeled oceanfront home! The property features 4 bedrooms and 3 ½ baths, including an oversized oceanfront top level master suite with Jacuzzi tub. The open living/kitchen/dining area offers a wonderful space for entertaining and family fun! The ground level features an additional living area along with a garage. The exterior includes multiple decks and a private walkway onto the beach.
Great Opportunities for LBI Buyers While Mortgage Rates Are Low and a Variety of Properties are Available
We are beginning 2010 with mortgage rates about one-half of a percent higher then January 2009. The government hold down of long-term mortgage rates is slowly coming to an end. Mortgage rates are expected to end this year at higher levels. It certainly is a great time to purchase a property on LBI and lock in with one of the lowest long-term interest rates ever available!
With rates on an upward trend, even if prices do fall a slight bit more, buying a home this year will most likely generate a lower monthly payment then buying the same property next year! And buyers purchasing in this buyers’ market should be able to find a home of their dreams!
C.A.F.R.A.
In many occurrences, I have Long Beach Island oceanfront buyers and sellers wondering how difficult it is to expand beachfront properties. Just going to your township is no longer the answer. The state of NJ now requires a topological survey (elevation of the land/dune survey) and a completed C.A.F.R.A. (Coastal Area Facility Review Act) application. For more information, contact me.