New Jersey State Department of Treasury data of residential home values in the following New Jersey Shore towns show a dramatic change in pricing, making this one of the best times to buy Jersey Shore vacation real estate. When combined with low, low interest rates it’s really a a “no brainer” when it comes to buying or selling a NJ Shore vacation home.
Monmouth County
Town 2007 Average Price 2008 Average Price Change
Allenhurst $1,450,000 $1,760,000 + $310,000
Asbury Park $ 305,990 $ 269,786 – $ 36,205
Avon $ 980,000 $ 964,094 – $ 15,906
Belmar $ 559,056 $ 454,975 – $ 104,081
Bradley $ 531,134 $ 465,689 – $ 65,445
Brielle $ 765,593 $ 654,432 – $ 111,161
Interlaken $ 683,333 $ 697,000 + $ 13,667
Loch Arbor $1,720,000 $1,316,667 – $403,333
Long Branch$ 547,833 $ 467,206 – $ 80,626
Manasquan $ 629,271 $ 659,990 +$ 30,719
Sea Girt $ 1,503,914 $1,369,043 -$134,871
Spring Lake $ 1,510,947 $1,378,522 -$132,425
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