The New Jersey Shore is a great area that offers potential real estate investment opportunities in up and coming neighborhoods. Here are a few ideas and towns; especially, Asbury Park, Red Bank, Belmar and Long Branch:

1. Asbury Park: This New Jersey seashore town has experienced a resurgence in recent years, making it an attractive area for investors. The revitalization efforts in Asbury Park have resulted in new businesses, restaurants, entertainment venues, and an overall vibrant atmosphere. The town’s proximity to the beach and its rich cultural scene make it an appealing destination for both residents and tourists.
2. Red Bank: Red Bank located on the Navesink River, has become a hub for dining, shopping, and entertainment. The downtown area has a variety of boutique shops, art galleries, theaters, and restaurants. Because of its convenient location and thriving community, Red Bank has been attracting more residents and investors in recent years.
3. Belmar: Belmar is a popular destination known for its beautiful beaches and active beachfront scene since it is bordered by the Atlantic Ocean. The town has been undergoing revitalization, with new restaurants, bars, and shops opening up along its main streets. Belmar’s accessibility and its ongoing efforts to improve infrastructure and amenities make it an attractive area for real estate investment.
4. Long Branch: Long Branch has been undergoing significant and unbelievable redevelopment, particularly along its Atlantic Ocean waterfront. The town has invested in new residential and commercial projects, including luxury condominiums, hotels, and retail spaces. Long Branch’s beautiful beach, proximity to New York City, and ongoing development make it a promising area for investment.

Remember,…Your Local New Jersey Shore Real Estate Agent, (JerseyShoreConnection.com) can provide valuable insights into specific neighborhoods and help you make informed investment choices.

OPEN HOUSE AT 52 ASBURY AVENUE

ATLANTIC HIGHLANDS NJ 07716

SUNDAY, JULY 28TH FROM 1 – 4 PM

Old World Charm with modern updates – come visit this wonderful colonial style home with rocking chair front porch; featuring 3 bedrooms and 2 full baths, formal dining room, 3-season solarium, beautiful outdoor patio and much much more.

If you are looking to sell or buy contact your NJ Shore Realtor, Diane B Kaplan, .…register on my website to see what I see every day click here and see what I see everyday.  Contact me for a tour of this Atlantic Highlands NJ house for sale or if you want a tour of the area you are interested in Call or text me today at 732-672-0409.

Are you handy??? Are you a builder??? Are you a boater??? Are you looking for a house that needs your personal finishes??? This unique house situated on the Navesink River with Floating Dock is the perfect place for you to call home. Spectacular water views from almost every window with unbelievable sunrises and sunsets.

House needs finishing touches ……

This unique Rumson NJ waterfront house for sale with floating dock on the Navesink River in magical Rumson is welcoming you with spectacular water views, minutes from prestigious schools ranked among the best in NJ, beautiful parks and nature areas, charming restaurants and coffee shops, the Oceanic Library (on the same Avenue), two iconic bridges (Oceanic and Rumson) which connect Rumson with nearby towns. If you are working in or visiting NYC, the Seastreak Ferry is 10 minutes away….. this is truly a rare find! Fantastic location! Contact your New Jersey Shore Realtor, Diane B Kaplan, for a tour of this unique waterfront property or other properties throughout Monmouth and Ocean Counties in NJ.

You’ll love this townhouse located in a wooded setting with much privacy backing up to the woods. Close to NYC commuter ferry and ocean beaches. This much sought after townhouse features open floor plan on first level; gorgeous full wall stone wood burning fireplace, gourmet kitchen with cathedral ceiling and hardwood flooring; and living and dining room combo leading to a large outdoor deck for easy entertaining. Master bedroom and master bath with private deck located on second level with a second bedroom and another full bath. Basement is finished with a bonus room and full bathroom. One car attached garage; newer A/C. Very private and serene location but close to major highway, Sandy Hook, Atlantic Ocean and great restaurants.

Contact your New Jersey Shore Realtor, Diane B Kaplan, at 732-672-0409 – call or text – get all pertinent information on this property – Click here to see what I see everyday in my MLS.

What’s the Difference? Condos, PUDs, Co-ops

Condominiums –  Owning a condo is similar to owning a house. You have a deed and mortgage and pay property taxes, but what you really own is “airspace.” Walls, floors, and ceilings are owned in common among all residents. You join the homeowners association (HOA) and pay monthly dues to cover management, hazard insurance, maintenance, garbage collection, landscaping, etc. Maintenance is shared with neighboring condo owners; your property value depends on the condition and desirability of the entire development. Condo owners usually can remodel only within the guidelines provided by covenants, conditions, and restrictions, which may specify everything from how maintenance is handled to what color curtains you can hang. It’s a smart idea to read them before buying a condo. Current Listings of Condos in the Highlands NJ

Planned Unit Development (PUD) –  PUD owners individually own the residential structure and a small parcel of land surrounding it. As with condo ownership, PUDs require membership in the HOA, but the land around each unit is maintained by that unit’s owner. If you’re interested in having a bit of a yard, this is the way to go.

Co-op –  This is a housing complex owned by a corporation made up of all the tenants — you become a shareholder in the corporation that owns the property. The number of shares you are issued depends upon the size of the unit you own. Larger units’ owners have more power in deciding how the building is run. You also pay fees to cover your portion of the building’s property taxes, mortgage, and the costs of repairs and improvements for the common areas. Co-op owners depend on each other financially, so expect heavy scrutiny of both your financial history and personal life.  Check out my website to see what I see everyday in my MLS!

Townhome –  This is an architectural term commonly used to describe an attached row house and not actually a form of ownership.

 Advantages of Common Interest Ownership –  Considering all the options, what are the advantages of buying a condo, PUD, or co-op? First, prices are typically much lower than for single family homes, and landscaping and maintenance are minimal or nonexistent. Some people feel safer in a “cluster” environment, while enjoy having a common maintenance service.

The disadvantages? Homeowners’ dues are not tax-deductible. The dues are an ongoing expense that will lower the amount of mortgage you can qualify for. Documents may be long and complex; you may want to hire a real estate attorney to review them for you.

If you are thinking about buying or selling a condo, single family or multi-family home, call your New Jersey Shore Realtor, Diane B Kaplan, at 732-672-0409 for all your real estate needs.