Ocean City, NJ Real Estate News

By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Ocean City, NJ - Buying Strategies   Talking "buying strategies" is fairly easy in the begining here in Ocean City, New Jersey ...   1 - Location ... You either look for single families in the Northend and Gardens which tend to be some of the properties closer to the beach, or you head down to the 18-34 Street section or the Southend which is 35-59 looking for condominiums also closer to the beach.  2 - Further Back from the Beach ... You can find both singles and condominiums, and the price points for these locations are going to be generally less expensive.  You can also find some year-round locations further back as well.  The main alert would be to determine how high the location is in terms of flooding. 3 - It is important for buyers to determine what type of location and what they...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Ocean City, NJ - Second Home Location   The year round population in Ocean City, New Jersey is about 10,000.  That runs from about Labor Day through Memorial Day.  That represents the locals ... those who work for the city ... police, fire department, and so many others who keep this great community going. The population goes up to well over 125,000 during the summer months with rental tenants, weekend visitors, etc.  This is "the summer season" where people come to the beach for their annual vacation trip.  Remember that people who visit Ocean City often have two vacations:  the one they must take in Ocean City and the other one. Depending on your particular interest and situation, "the second home"market is the driving force for Ocean City, New Jersey.  One either buys a property and ...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Ocean City, NJ - The barrier island waiting for you to discover   We are located in South Jersey, Exit 30 on the Garden State Parkway, plus a short drive across the new four lane bridge from Somers Point to Ocean City, New Jersey.  Ocean City is the most northern and largest community in Cape May County.  And we are the only community located on a barrier island.  You have four ways in and out of Ocean City ... the one already mentioned which is the one most traveled, another that brings visitors into the city at 34th Street (which also happens to be our Goldcoast Sotheby's International Realty location), an entrance at the north where you cross the Longport Bridge from Atlantic County, and an entrance at the south where you cross the Cape May County bridge system from Strathmere, a mu...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Summer Contacts Everywhere in Ocean City, New Jersey   Ocean City, the largest town in Cape May County (and our location being a barrier island along South Jersey), is only about 10-12,000 population throughout the nine months from September through May ... and often less than that number due to the number of winter travelers to warmer locations. But in "June, July, and August," the population moves up to about 125,000-150,000 during the summer rental season.  July 4th tends to be the busiest day of the calendar year (and particularly when the 4th comes on a Thursday or Friday making it a much longer weekend). However, with that one day exception the rental season has a slow climb from early June through mid-July, than four or five major weeks which is the largest turnout each year, fol...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Summer Sunday Lineup in the South Jersey Real Estate Offices" - Ocean City, NJ   So in our Goldcoast Sotheby's International Realty office on 34th Street in Ocean City, NJ; each rental agent has two Sunday assignements handling the office from 10am to 2pm. This is indeed a trouble shooting situation where rental tenants and/or owners make contact with the real estate office either by phone or a visit to the office to talk about rental problems.  These problems can cover simpler items like a television not working to major items like a significant plumbing issue ... whatever your imagination might be able to think of ... yes we've had that problem. I like to knock out my Sundays in July so I have the entire month of August free from this assignment.  So I have taken July 6th and will al...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Open House Activity during the Summer Rental Season ... Ocean City, New Jersey   Mostly from the middle of June to the end of August the "buying period slowly moves from the spring to the fall."  There are a ton of potential buyers because our buyer group comes from our existing rental base.  But in the summer it is very difficult to get into shore property listings because of the existing rentals. Therefore, it is always important that an agent tries to keep one of his or her sale listings available for summer activity.  And particularly on weekends.  However, even if a listing owner does not rent, one can have difficulty setting up an "open house" over a weekend since the owner or family members decide to utilitze the house during the summer. But if, and when, you have a weekend openi...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Some Bad Weather Hitting South Jersey Thursday & Friday - Ocean City, NJ It's a bit early to tell us what to expect this Thursday and Friday, but heavy rain is in the forecast along with the potential for a hurricane to come up the coast.  Overall, we have received a contact from one insurance company talking about this ... and the potential of a heavy storm that has the potential to developinto a hurricane. Best recommendation would be to batten down the hatches ... put the umbrellas away, check out all the outside furniture, flower pots and everything else. Better to be safe than sorry.  Continue to watch the weather reports, check the internet to see what is happening when.  More than likely, this will be a bit less than what everyone is talking about, but stay in touch!!!!!   Dustin...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Health & Real Estate ... Some Thoughts ... from Ocean City, New Jersey   So my son got me a recent gift ... a Fitbit bracelet for my arm.  It records the number of steps that I take in a given day ... and for the past two weeks I have been averaging about 10,912 steps per day. My walking started back when I was surprised to find out that I was being rushed by helicopter to Philadelphia for what became a quadruple bypass surgery.  That was about four years ago.  Now at 71 I continue on with my second career - real estate starting my 23 year.  That following a 32 year career in public education in Pennsylvania as a teacher and later a high school principal for 17 years. I take a few more pills than I ever did before, but I have been quite involved in my exercise regime.  Along with walkin...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
4th of July at the South Jersey Shore ... Ocean City, New Jersey   Although I have only been here at the shore since 1988 as an owner, I can't imagine another location to be at during the days leading up and through "the 4th of July" than Ocean City, New Jersey.  And when the 4th comes on a Friday, you know it will be a major weekend activity. We kick it off with a July 3rd "Music at the Beach" over on the very limited beach along Bay Avenue over in Somers Point right across the bridge from Ocean City.  This one involves some beach chair to carry to the location, plus food and drink, as one gets ready for "The Bobby Fingers Band." For us, the next event is the July 4th "Parade of the Fleet" by the Ocean City Yacht Club followed by a typical July 4th picnic at the Club with later music u...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
A Saturday Check-in Day in Ocean City, New Jersey   Almost all locations in South Jersey utilize the Saturday Check-In Arrangement ... with rental tenants coming and going throughout the day.  Check-Out is 10 am throughout our community of Ocean City ... Check-In is 2 pm or later.  So there are four hours between times for owners, cleaning people, etc. to go into each rental unit for cleaning. From about 8 am through 11 am, often later, the movement is out of Ocean City.  From about 12-3 pm the movement, again some arrive later, the movement is into Ocean City.  As a rental agent, I arrange my time so that I can often see rental tenants leaving after dropping off keys ... but I also want to be (and should be) around to welcome my arriving rental tenants coming into Ocean City. This week...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
Where Are You ... Where was I ... Ocean City, NJ   June has been a tough month for me here on my computer in Ocean City, NJ.  I have a bit of a bug with Active Rain causing me to be unable to complete my blog activity and get it out to my loyal readers. It appears that when I get to the final point where the blog moves along to be sent out to one and all ... a problem occurs which makes it impossible to move the blog along the line to everyone or anyone. So where are you has not changed, nor has where was I.  But the vehicle that moves all of this along has been a bit of a problem. Yes, I know my old Lenovo portable is about on its last legs.  Yes, I know just about enough computer stuff to really let me know how little I do know.  Being in one's 7th decade has trouble written all over ...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Changing Nature of Jersey Shore Real Estate" ... Ocean City, New Jersey June has arrived on our barrier island known as Ocean City, NJ.  Everything runs along the seasons of the year.  Mid-June is the closing of the "spring buying period" and the start of the top ten weeks of the "summer rental season."  Of course, that means that it is much more difficult to get into sale properties because they are being rented. The perfect plan is for a real estate agent to have a shore sale property that is open and available to be shown, or to have a weekend open house throughout the summer rental season.   I have several of these sale winners for the coming summer period. But as soon as we reach Labor Day, all of this changes again.  It is now the "fall buying period," not nearly as long and not ...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Island Time" meeting up with "Memorial Day Weekend" in Ocean City, NJ   Sure we all thought we were ready for the big rush ... the arrival of Memorial Day Weekend.  But locals are never really ready for anything that brings a lot more people back to the beach.  Remember that all of us locals live on "island time."  It not as easy to explain unless you have spent a spell in our local barrier island called Ocean City.  I knew it was a problem as our street started to fill us with cars starting early on Friday afternoon.  "There back," I shouted to my wife.  "Just keep reading," she said, "Maybe they will go away."  "Never," I said.  "Not until Labor Day." So I geared up a bit for the 4-day weekend blitz.  It went better because our son, his wife, and their two dogs managed to make the tr...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Staying in Touch" ... Real Estate 1.1 ... from Ocean City, NJ Staying in Touch ... three simple words that tend to say it all.  But saying and doing it are very different.  Even "thinking about it" is also quite different.  So how does one go about all of this. Being organized is a major asset as you attempt to stay in touch.  For many of the readers of this blog posting, you may see our particular location being quite different from yours.  First of all, we live on a "barrier island" in southern Jersey.  We are at the "30" turnoff of the Garden State Parkway and just a short ride from Somers Point across the new causeway and bridge to Ocean City, NJ.   Our barrier island is about a mile and half wide at the most and only in a few places going all the way down to three streets from the...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Weekend Activity" ... In the Real Estate Market ... Ocean City, New Jersey   The weekend real estate market depends on good weather all of the time.  Obviously, there are exceptions when a buyer, or buyers, will make the trip regardless of the weather to check out sale properties. But for a real estate agent working on a barrier island in South Jersey, it is "all about the weekends" down here.  When you have sale listings, again depending on the weather from late February through mid-June (part of our major buying period ... "the spring buying time frame") and from early September to later November (part of our second strong buying time period ... "the fall buying time frame"), many real estate agents hit the trenches with 3 or 4 hour time frames holding an open house ... pre-advertise...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Memorial Day Weekend just 7 days until next Friday" ... from Ocean City, NJ   Now for many communities: it is just a here it comes, there it goes "type of holiday.  But here "on the barrier island" and after all the cold, damp, and wet weather all winter and much of the spring; this is the big time. Our first big weekend was "Easter weekend" which filled the town with cars and people.  The next one was the "Spring Block Party" which happened on a Saturday with fairly good and warmer weather.  Ready or not, next Friday through and including Monday (Memorial Day) is the "real thing." So the old expression that the summer starts on Memorial Day Weekend is both true and false.  We get a true start with a lot of weekend traffic (unless it rains), maybe some beach time (if it's warm out), an...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Five Sale Properties in the Northend & Gardens" ... in Ocean City, New Jersey The Northend section of Ocean City starts north of Sixth Street and runs until the south side of North Street running from the ocean to the bay.  This is a definite mix of single family, multi-family, and condominium properties.  The Gardens section of Ocean City start north of North Street and runs until the end of the island at the Longport Bridge.  It includes a wide variety of locations with almost all of the properties being single family.  One can find a few condominium complexes as well as some multi-family property and condominiums.  It can generally be divided into the ocean side and the bay side of the Gardens Parkway. I have four single family listings in this area including:  913 First Street - a ...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"We just don't Read Enough" ... "Start a Good Habit" ... from Ocean City, NJ   A lot of people want to read more, and a lot of people don't like to read much at all ... which leaves those of us who are always out there reading a lot more opportunities to find the books that others aren't getting.  This is particularly true in great libraries like the one we have in Ocean City ... although I'm fairly confident to expand that thoughout Cape May County. The first idea for everybody would be to skip one hour of television and find a good book to read.  How does one go about that?  You can check out books on the internet, or the library, or one of the few remaining book stores.  I purchase e-books a lot, and particularly when I plan to go on a vacation.  But I also buy at least one book a mo...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"Grammar in Real Estate" ... from Ocean City, New Jersey I just read an interesting article in the Wall Street Journal (5/9/2014) which started out with the following sentence:  "Real estate agents better take out that red pen."  Check it out if interested. As a former history teacher and a high school principal for 17 of my 32 years in public education, I had to write a lot of information that went out all over the community and beyond.  I always had my one Assistant Principal (the one with the Business Education background) take a careful look at a lot of that writing. And I was probably a better proof reader than writer, but over time I got better.  And if you have followed me around in this particular blog, you might know that I enjoy writing the occasional posting. In my opinion, r...
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By Dustin A. Peters, Your "Northend & Gardens" Contact in Ocean City!!!
(Goldcoast Sotheby's International Realty)
"The Month of May at the Jersey Shore" ... Ocean City, New Jersey The month of May is almost always a winner here at the Jersey Shore.   Many of the locals start to work in their front and back yard gardens.  The sprinkler systems are turned on for the next few months.  And the outdoor showers are also ready for action.  Thinking of May, I always remember that expression that I learned so long ago:  "Hurrah, hurrah it's the month of May, Outdoor Showering begins today." My shower is now turned on.  And I am about ready to take my first outdoor shower.  Once that happens, it will be outdoor showering for the rest of the summer and into the fall. Many more second home types are arriving on Friday evening and heading back to "the real world" on Sunday evening.   This is another factor that...
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