New SICBP Headquarters

A new SICBP Headquarters is being proposed as well as many other exciting new revitalization projects:  read all about them in the Mayor’s State of the City Address:

http://www.sea-isle-city.nj.us/whatsnew/Mayor’s%20State%20of%20the%20City%20AddressJanuary%202009.pdf

Sea Isle City, NJ Market Update

Two more properties have gone under contract and one more has sold since my post last Monday.  A total of 4 homes have closed in 2009.

Under contract this week:

• 28 79th Street – Asking  $885,000
• 7709 Pleasure Avenue – Asking  $1,995,000

SOLD:

• 26 55th Street East - Asking  $1,179,000  SOLD  $995,000

Sea Isle City Market Update

Three more homes went under contract since the last post: 

• 3800 Pleasure Avenue   Asking – $379,900
• 115 E 32nd Street   Asking – $539,000
• 33 75th Street W  Asking – $879,000

A total of 4 homes have sold in 2009 thus far:

• 34 34th Street  Asking – $369,900  SOLD $340,000
• 3502 Landis #6 Asking – $399,000 SOLD $367,500
• 130 48th Street Asking – $729,000 SOLD $700,000
• 138 78th Street

Sea Isle City Happenings 2/16/09

Homeowner applies for permit to demolish decks so that future bulhead work can be done.  There has been no change in the structural integrity of the homes themselves over the week according to city Administrator, George Savastanto.  Read the whole article from the Press:

http://www.pressofatlanticcity.com/181/story/374497.html

Also, Wednesday night, a plan was submitted to the Board of Education meeting that would send students from grades five to eight out of the district.  Pre-kindergarten to fourth grade would remain at the small Park Road school.  Read the full article from the Press:

http://www.pressofatlanticcity.com/181/story/373257.html

82nd Street Disaster

The bulkhead pulled away and several homes on the bay at 82nd Street are in peril.  Here is a video clip shot from the water showing the damage to the homes at the end of 82nd Street:

http://abclocal.go.com/wpvi/video?id=6599833

Also:  Joe and Marybeth – your home is safe!!!

Joe and Marybeth's home is on dry land

Sea Isle City Market Update

Two more properties went under contract since my last post.  Total homes SOLD in 2009 so far is 2.  Under contract are:

• 17 76th Street West    Asking $975,000
• 240 93rd Street (Single bayfront)  Asking $1,750,000

SOLD Properties are:

• 3502 Landis Unit #6  Asking $399,000  SOLD $367,500
• 138 78th Street W Asking $815,000  SOLD $800,000

Sea Isle City Polar Bear Plunge 2009 Registration/Events Information

Click on the link to get registration/event information from LaCosta Lounge:

http://www.lacosta-seaisle.com/product_info.php?products_id=28&osCsid=21ba6b5dfe05bbf5421c65a91030fcb8

Click here to view video from last year’s crazy plunge:

http://www.capemaycountyherald.com/article/21593-video-thousands-take-freezing-swim-sea-isle-city-s-annual-polar-bear-plunge

Market Update

Five more homes have gone under contract from the last post and three sold bringing the year-end total for 2008 of 183 homes sold.

Under Contract:

• 4114 Central Avenue, Unit 210 – Asking $249,000
• 3710 Central Avenue – Asking $259,000
• 5712 E Central Avenue – Asking $535,000
• 130 48th Street – Asking $729,000
• 26 E 55th Street – Asking $1,179,000

Sold:

• 7300 Central Ave, Unit C – Asking $589,000 – SOLD $528,000
• 137 56th Street (single) – Asking $869,000 – SOLD $750,000
• 114 W 72nd Street – Asking $799,000 – SOLD $775,000