Long Beach Township was settled in various stages by several different developers. Many of the names (for example Beach Haven Gardens, Beach Haven Park, etc) were designed to play off of the popularity of Beach Haven and draw attention to these areas. The most notable developer was the Shapiro family who developed large sections of Long Beach Township in the 1950's and 1960's (as well as Beach Haven West). These "Shapiro Capes" as they came to be known are the quintessential beach house and still serve as a functional and affordable option for many.
Each area is very different in its makeup, demographics and real estate values so it is important to understand each area before investing in the Long Beach Island NJ real estate market.
Long Beach Township is the largest of all the townships on LBI covering over 12 of the 18 miles that make up Long Beach Island. The area is divided into several sections. They are:
Since Long Beach Township makes up the majority of Long Beach Island, a look at the real estate market in Long Beach Township is a good guideline for the rest of LBI. The real estate market in Long Beach Township and on Long Beach Island has been very active. Even in the wake of Hurricane Sandy, homes are still selling in the LBI real estate market but it is important to have an understanding of how flood insurance can impact the value of real estate on LBI.
It is very important to look not only at the township averages, but the sales statistics for a specific area. For example, Loveladies tends to be the most expensive real estate on Long Beach Island whereas home values in Beach Haven Crest and Holgate tend to be lower. Therefore, a specific study of an area is needed before buying or selling a home in the Long Beach Township NJ Real Estate market.