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Hello everyone....I'll cross-post this at the New Jersey forum, but I thought RE pros might be able to advise.
It's my SO's dearest wish to retire on LBI. He hasn't been there in years, and he's hoping against hope that there remains some area that is oceanfront but close-to-affordable.
We've looked at real estate sites, even foreclosure ones, but the only places for sale we've seen are the big ten-bedroom investment properties and shacks sitting on valuable sand, I mean land.
We know about the beach erosion, hurricane threats, summer visitors and all the negatives...not so sure what the erosion problem has done to the taxes but Im sure nothing good. It doesn't appear the big investment properties' prices have been much affected by the deflation in the RE market.
Is anyone familiar with Lavalette, Harvey Cedars, and thereabouts, and the present LBI real estate market in general?
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