Is there any cheaper areas similar to the jersey shore in the USA?? (Point Pleasant: short sales, foreclosed)

[tahiti]

Originally Posted by VeradoDan

Any examples of this? Here in Ocean County, anything walk-able to the beach is starting at about $600K. I'm three fairly long blocks from the beach on LBI and there are empty lots on my street that have sold for $700K. Luckily, this house was purchased in the 80s sub-$100K.

on lbi? nah...i also predict prices will continue to fall on lbi, as they should! my friend's house has been on the market for a few years with no nibbles - walking distance to beach, renovated, under $600K and nary a nibble.

here's an example:

101 E 28Th St, Ship Bottom, NJ, 08008 - MLS ID#3031556 - Condo/Townhome/Row Home/Co-Op real estate - REALTOR.com®

[Giantwon]

Originally Posted by Dingo99

A place with a good amount of waterfront restaurants, bars, and things to do?

Where you could purchase a decent home for $300,000 or less?

NO.....simple as that.



There is no place "like the Jersey Shore".

[MoorestownResident]

Originally Posted by VeradoDan

Any examples of this? Here in Ocean County, anything walk-able to the beach is starting at about $600K. I'm three fairly long blocks from the beach on LBI and there are empty lots on my street that have sold for $700K. Luckily, this house was purchased in the 80s sub-$100K.

Seaside Heights was dirt cheap not long ago. $300 is a stretch anywhere in NJ, throw that out.

[beachouse]

Ocean Gate has homes starting @ 119k .Anyone familiar with the area ?

Usually there is a reason something is so cheap.

[VeradoDan]

Originally Posted by beachouse

Ocean Gate has homes starting @ 119k .Anyone familiar with the area ?

Usually there is a reason something is so cheap.

Ocean Gate is a nice community. But it'll take you 30 minutes or more to get to the ocean on a hot, summer day in July with traffic (Rt. 37 gets jammed up big-time with day-trippers and vacationers during the summer). It's right on the bay, though, so anyone moving there should be satisfied with a bay beach.

[MaverickDD]

Originally Posted by VeradoDan

Any examples of this? Here in Ocean County, anything walk-able to the beach is starting at about $600K. I'm three fairly long blocks from the beach on LBI and there are empty lots on my street that have sold for $700K. Luckily, this house was purchased in the 80s sub-$100K.

I'm not going to argue the walkable to the beach statement since I'm not the one who made it, but one the other hand most New Jerseyans don't limit the term Jersey Shore to LBI either. (IMHO, that's akin to equating "I live in New Jersey" to "I live in Saddle River.")

I believe you -- that lots on LBI once sold for $700,000. Maybe they still do, but for most of the Jersey Shore, prices have collapsed since their peak in 2005/2006.

So in what shore towns can you find homes for less than $300,000? Quite a few, actually!

Wildwood has some homes under $100,000, though "decent" or "nice" may be in question, but look what you can get for $300K!: Wildwood, NJ, Real Estate Listings and Wildwood Homes for Sale - REALTOR.com®
Seaside Heights has some homes well under $300,000: Seaside Heights, NJ, Real Estate Listings and Seaside Heights Homes for Sale - REALTOR.com®
Even Point Pleasant has homes within the OP's price range: Point Pleasant, NJ, Real Estate Listings and Point Pleasant Homes for Sale - REALTOR.com®

This all gets back to my initial point -- what does one consider "decent" and what is "shore." It's amazing what you can buy off-island for $300,000! Many would consider that a part of the Jersey Shore too.

[Dingo99]

Originally Posted by MaverickDD

I'm not going to argue the walkable to the beach statement since I'm not the one who made it, but one the other hand most New Jerseyans don't limit the term Jersey Shore to LBI either. (IMHO, that's akin to equating "I live in New Jersey" to "I live in Saddle River.")

I believe you -- that lots on LBI once sold for $700,000. Maybe they still do, but for most of the Jersey Shore, prices have collapsed since their peak in 2005/2006.

So in what shore towns can you find homes for less than $300,000? Quite a few, actually!

Wildwood has some homes under $100,000, though "decent" or "nice" may be in question, but look what you can get for $300K!: Wildwood, NJ, Real Estate Listings and Wildwood Homes for Sale - REALTOR.com®
Seaside Heights has some homes well under $300,000: Seaside Heights, NJ, Real Estate Listings and Seaside Heights Homes for Sale - REALTOR.com®
Even Point Pleasant has homes within the OP's price range: Point Pleasant, NJ, Real Estate Listings and Point Pleasant Homes for Sale - REALTOR.com®

This all gets back to my initial point -- what does one consider "decent" and what is "shore." It's amazing what you can buy off-island for $300,000! Many would consider that a part of the Jersey Shore too.

How far are these houses from the beach though? I mean i would like to be within walking distance of a few bars, and i would like to be able to take a 20 minute or less bike ride to the beach.

Is that possible in those towns?

[MaverickDD]

Originally Posted by Dingo99

How far are these houses from the beach though? I mean i would like to be within walking distance of a few bars, and i would like to be able to take a 20 minute or less bike ride to the beach.

Is that possible in those towns?

How far from the beach? Mapquest them and you'll see how far from (or close to) the beach they are.

Beach by bike within 20 minutes? Absolutely possible. Sometimes even with a peddle missing! (Some in under 10 minutes.)

[GoPhils]

Originally Posted by tahiti

myrtle beach?

^

[GoPhils]

Maybe AC or Ventnor in NJ? AC you'd have to make sure that the area was okay, but I think most of Ventnor isn't bad. Here's a 3 bedrooom for $250K in Ventnor about a mile from the beach.

515 N Somerset Avenue, Ventnor, NJ, 08406 - MLS ID#338614 - Single Family Home real estate - REALTOR.com®