Sherri Lillienfeld of Apex Prime Realty

Margate, Ventnor and Longport Real Estate

Downbeach Real Estate Market Update for Margate and Ventnor.

The Downbeach real estate market continues to soar. Some of the demand coming from those looking to escape big city life for small town charm. It’s still a seller’s market. Downbeach inventory is very low. The Margate residential (single family home) market was up 30.2% during 3rd quarter 2020 over the same period last year. …

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Historically Low Interest Rates Boosting Home Sales Along Jersey Shore

After months of virtual lock down, Downbeach Real Estate is bouncing back big time. Earlier this year, Real Estate agents were prohibited from showing homes or doing open houses. Not many interested in viewing properties or plunking down cash on a second home. Those who previously secured summer rentals considered canceling their leases. Then, the …

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Ventnor Boardwalk Home

The Downbeach Real Estate Comeback

When the health scare shut everything down back in March, the real estate market stopped cold. Rentals and sales. Buyers froze. They didn’t know the future of their livelihoods, let alone plans to buy a vacation home along the shore. The real estate market was put on hold, just like other so-called ‘non-essential’ businesses. Some …

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Downbeach Real Estate Round-Up. March 2020.

Downbeach single family homes: Ventnor and Margate Real Estate running neck and neck for length of time on market. Currently, it takes an average of 3 months to sell a Downbeach home. Total Number of Downbeach Homes Sold. FEB 2020. Ventnor – 17 Margate – 19 Longport – 1 Price. Ventnor median home price over …

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Holocaust Survivor Shares Life Lessons Over Soup at Downbeach Deli

I met Itka Zygmuntowicz a few years ago while walking the Atlantic City Boardwalk. Itka owned a condo at the Seashore Club since 1999. She would often sit on the boardwalk and engage those passing by in conversation. One would never guess this outgoing, energetic, funny, eloquent woman lost her entire family during the Holocaust. She …

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Ventnor Real Estate Market Poised for More Growth

Much is happening in our beloved Ventnor. We think all this new activity will ultimately have a positive impact on both residential and commercial property values. On one side, the relative stabilization of Atlantic City’s finances has helped. Stockton’s new AC Campus & SJ Gas provides a nice visual to those entering this portion of …

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New Rental Tax Poses Threat to Margate & Ventnor Vacation Properties

Every summer, Jersey shore towns like Margate, Ventnor & Longport fill up with tourists. Local populations often swell to twice their normal size. Downbeach is quite a popular vacation destination. While some rent by the week, many rent by the month or full summer season.  Could a new vacation rental tax in New Jersey pose a …

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Pros and Cons of Owning a Multi-Family Jersey Shore Home

Housing demand remains high even while supply shrinks. This extends to rental properties as well. If you’re in the market for a new home, you may want to consider buying a multi-family property. However, there are both pros and cons of owning a multi-family Jersey Shore home that should be considered first. When I say …

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Sherri Lillienfeld

Importance Of Properly Pricing Your Downbeach Home

Selling your house can be a long and emotional process. The hardest part for some is deciding how much their home is worth. While the sentimental value of one’s home may be high, it’s best to remember that both sellers and real estate agents have limited control over the market price of a property. Getting …

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Real Estate Reality. Pricing Your Downbeach Vacation Home

Selling your Margate, Ventnor or Longport home can be a long and emotional process. No kidding. The hardest part? Deciding how much their home is worth. What should the asking price be? While the sentimental value of one’s home may be high, it’s best to remember that both sellers and real estate agents have limited …

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Do I Really Need a Home Inspection When Buying a Property?

Ask the Downbeach Real Estate Agent: Everyone says I should get a home inspection. Is an inspection really worth it? Too often, buyers in Margate and Ventnor forgo a home inspection in an effort to save time and money. This is not the place to skimp. A home inspection is a crucial step in the home-buying …

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