South Jersey Shore Real Estate Blog

Here is the information you requested for the home in Ventnor.  This home was listred with Prudential Fox and Roach and was listed for $399,000.  It sold for $350,000 on 12/10/09. 

If you have any more questions on this home, email Peter Petridis at petepetridis@southjerseyshorehome.com and I will respond to you directly.  Thanks

MLS #	Type	Sold Price	Address	DOM	Original Price
346062	1-5	$85,600.00	800  Curran Court	186	$125,000.00
336851	CNDO	$165,500.00	51  Club Place	310	$184,900.00
352650	SF	$175,000.00	521  Emerson Court	44	$199,900.00
342538	SF	$175,000.00	612  W Duerer St	9	$215,000.00
352393	SF	$178,000.00	320  E Key Drive	17	$170,900.00
352203	SF	$219,000.00	150  Southampton Drive	38	$229,900.00
352717	SF	$235,000.00	316  S Quince Avenue	18	$235,000.00
331179	SF	$248,500.00	627  second ave	473	$299,000.00
345073	SF	$251,000.00	755  Ravenwood Drive	23	$269,500.00
348192	SF	$267,000.00	503  Heritage Court	112	$289,500.00

This is the time to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities (will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates to increase by the end of the month.  If the mortgage rate goes up by 1% the prce of the home will have to drop by 10% to keep the payment the same.  So, why wait, the prices are at an all time low, this is the time to buy!

In addition, the $8,000 tax credit is going to expire in a very short time.  You will need to purchase your home by April 30, 2010 and close by 6/30/10.

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next home in the Absecon NJ.  

Follow the link below to search for homes in your area:

http://www.southjerseyshorehome.com/MLSSearch

This is the time to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities (will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates to increase by the end of the month.  If the mortgage rate goes up by 1% the prce of the home will have to drop by 10% to keep the payment the same.  So, why wait, the prices are at an all time low, this is the time to buy!

In addition, the $8,000 tax credit is going to expire in a very short time.  You will need to purchase your home by April 30, 2010 and close by 6/30/10.

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next home in the Absecon NJ.  

Follow the link below to search for homes in your area:

http://www.southjerseyshorehome.com/MLSSearch

This is the time to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities (will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates to increase by the end of the month.  If the mortgage rate goes up by 1% the prce of the home will have to drop by 10% to keep the payment the same.  So, why wait, the prices are at an all time low, this is the time to buy!

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next home in the Margate NJ.  

MLS #	Type	Price	Address	DOM	Original Price
352775	CNDO	$235,000.00	111  S Buffalo Ave #405	18	$249,000.00
341515	SF	$295,000.00	106  N SURREY AVENUE	233	$329,000.00
351042	SF	$330,000.00	512  N Derby Avenue	63	$349,000.00
349214	DUP	$330,000.00	17  N Rosborough Avenue	107	$357,000.00
345485	SF	$520,000.00	7101  Winchester Avenue	141	$599,000.00

We encourage you to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities (will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates to increase by the end of the month. 

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next condo or home on the Boardwalk or on Bay in Ventnor NJ.  

We encourage you to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities (will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates to increase by the end of the month. 

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next condo on the boardwalk or home in Atlantic City.  

Please note that this month we have one listing that sold throught the mls for $4,500,000.  We also had a private sale of a property at 2701 Ocean Ave. that also sold for over $2,100,000.  This is a very positive sign that people will still purchase the large homes if they see value in the home. 

We encourage you to buy now if you are still on the fence.  The Feds are going to withdraw their support of mortgage back securities(will occur by the end of this month).  This will hurt the bond market and cause the mortgage rates are due to increase by the end of the month. 

The other good sign in the market for Jumbo mortgages(mortgages over the $417,000 conforming loan) are beginning to thaw out.  Rates are down to 5.88% down from the 7% in late 2008.  

If you are thinking about purchasing a Luxury High End Home, this is the time to Buy!  Call us so we can show you which homes had a substantial price drop. 

If you have any questions regarding our real estate market or any surrounding market in the area please call Peter Petridis direct at 609-377-4023 form Prudential Fox and Roach Realtors.  You can email us at petepetridis@southjerseyshorehome.com.  We are here to answer your questions and assist you in the purchase of your next Ocean Front or Bay Front Luxury Home.  

You are welcome to visit us at our Open House scheduled for this weekend, March 6, 2010 and March 7, 2010 from 1:00pm to 3:00pm. 

Feel free to come in and tour this Large A-Zone home located one home in front the beach!!  This home just had a price reduction of $400,000 for a quick sale.  Come and spend the summer months in this large 4 bedroom, 3.5 bath home with three levels of living and large windows and decks to enjoy the ocean and the summer breezes. 

Follow this link to see the pictures of this home:  www.southjerseyshorehome.com/40323rdst

How to file a Tax Appeal in Atlantic County

ATLANTIC COUNTY GOVERNMENT
BOARD OF TAXATION

Lois H. Finifter - Tax    Administrator
5909 Main Street
2nd Floor
Mays Landing, NJ 08330
(609) 645 5820
Fax (609) 645 5835
OFFICE HOURS: 8:30 a.m. - 4:30 p.m.

Board of Taxation

The Atlantic County Board of Taxation maintains information on real estate assessments for Atlantic County and is responsible for the property tax appeal process. This office maintains the property tax list books for all real estate property in Atlantic County. This information includes property owners, addresses, most recent assessment and block and lot information.
The office also maintains SR1A books that list every real estate sales transaction in Atlantic County.  The Board of Taxation also tabulates the Abstract of Ratables and Equalization Tables for Atlantic County.

How to File a tax Appeal

A property owner may appeal his tax assessment by completing a Petition of Appeal and paying a filing fee ranging from $5.00 to $150.00 based on the assessed valuation. The filing fee schedule is as follows:

If the assessment appealed is:
Less than $150,000 $5.00
$150,000 or more, but less than $500,000  $25.00
$500,000 or more, but less than $1,000,000 $100.00
$1,000,000 or more $150.00

A Petition of Appeal may be obtained from the Atlantic County Board of Taxation by sending a written request and a business size return envelope with $.60 cents in postage. Forms may be pick up at the Board of Taxation during business hours which are Monday to Friday, 8:30AM to 4:30PM.   A detailed set of instructions is included with the petition. Staff will help those who have questions or need assistance in completing the form.   Only the tax assessment for the current year may be appealed. The deadline for filing a property tax appeal is April 1 of each year.  If April 1 falls on a weekend or holiday, the deadline is automatically extended to the close of the next business day. For a tax appeal to be considered filed in a timely manner, it must be physically present in the Offices of the Board of Taxation on or before the April 1st deadline.  A postmark by that date is not acceptable.

The Atlantic County Board of Taxation does not have the authority to extend the filing deadline for individuals for any reasons.  Occasionally special circumstances may require that the filing deadline for an entire municipality be extended. This usually results from a late filing of the municipal tax list and late mailing of the Notice of Tax Assessment which each property owner is supposed to receive  on or about February 1 of each year. After an appeal is filed, a hearing will be scheduled and the property owner will be notified of the date and time to appear. The law requires only 10 days notice of the date and time of the hearing. Every effort will be made to give the petitioners
as much advance notice as possible.  The law provides that evidence such as appraisal reports and comparable sales data be submitted to the Board and to the municipal assessor and municipal clerk at least one week prior to the hearing. Therefore it is important that individuals begin preparing their appeals immediately upon filing. Requests for postponements are granted only for serious reasons such as hospitalization. Requests for postponements with documentation should be submitted as early as possible. The Board strongly recommends that the petitioner meet with the municipal tax assessor prior to the hearing if possible. Some appeals may be amicably resolved without a hearing and the parties may enter into a Stipulation of Settlement as to the new assessment. If a property owner is not satisfied with the decision of the Board of Taxation they may appeal to the New Jersey Tax Court. Instructions for filing a complaint with Tax Court are printed on the back of the Atlantic County Tax Board judgment.

Please call Peter Petridis if you need assistance in providing you with some comparable sales in your town.  We can assist you and help you file this Tax Appeal Form A-1.  

We can recommend an appraiser to assist you if you need a professional licensed appraiser.  We can also recommend a lawyer if you want proffesional help with your tax appeal. 

We have A GUIDE TO TAX APPEAL HEARINGS and can email you a free copy.  Email petepetridis@southjerseyshorehome.com and give me your name address of home you are appealling and phone number be contacted.   

Please call Peter Petridis Direct at 609-377-4023 from Prudential Fox and Roach Realtors.  We are here to assist you. 

Thinking of looking to buy a short sale or looking to buy a bank owned property than you come to the right website.  We have many homes listed in the area that we can show you that are in the early stages of pre-foreclosure or a short sale situations.  These homes will typically be priced at market value or be below market value and offer a great opportunity for anyone to purchase a home here in Atlantic County.   

We also have many homes that the Banks have Foreclosed and are REO's(banked owned) that the banks want to unload.  They are not in a position to hold on to these homes and tend to list them well below market value for a quick sale. 

We also have the ability to help buyers and investors with the acquisitions and give them information that is not available to people on the street.  This information will help you make an informed decision and will allow the buyer or investor to get an advantage in acquiring the homes. 

We can send you a market alerts of homes in the area of interest.  Just let us know what town you are interested in looking to purchase a home and we will email you weekly updates of homes that come on the market.  

Please call Peter Petridis direct at 609-377-4023 so he can discuss your needs and area that you may be looking to purchase your next home.  If you like to email us, email to petepetridis@comcast.net. 

Please call The Petridis Team at Prudential Fox and Roach Realtors for all your Real Estate Needs direct at 609-377-4023.

Plese call The Petridis Team for all your Real Estate needs at the shore diret at 609-377-4023.

Please call The Petridis Team for all your Real Estate needs at 609-377-4023. We are available to help you. 

Please call The Petridis Team to help you with all your Real Estate Needs at 609-377-4023.  

Please call The Petridis Team at 609-377-4023 to schedule an appointment to see this home.

Below is a link to all new Hot Sheet Listings for EHT:

http://www.southjerseyshorehome.com/Egg-Harbor-Township-Hot-Sheet

Below is another linlk to search the MLS - Multiple Listing Service ( Realtors system to find new listings for EHT click on the link below and pick zip code 08234 :

http://www.southjerseyshorehome.com/SearchLocalMLSListings

Please call The Petridis Team if you have any questions or if you want to see any of the homes at 609-377-4023.

Follow the link to our Brigantine Neighborhoods: 

http://www.southjerseyshorehome.com/Brigantine-Neighborhoods 

North End

Brigantine North end is a beautiful area and offers approximately 14 blocks of easy access to the beach and all the fun you can have on this end of the island. You may enjoy the surf, surf fishing, wave riding, nature walking and watching for the natural wildlife, boating, four wheel accesses to the wide open beaches, sport fishing, or just sunbathing on the beach. You will need a permit to use the drive on beach.

A-Zone

Brigantine A-Zone offers spacious single family homes in a neighborhood with recreation and community opportunities. This neighborhood starts at 15^th street and goes up to 31^st Street and covers from the bay to the ocean. This neighborhood has an extensive selection of single family homes, including both pre-owned and new construction homes for sale. The heart of the A-Zone neighborhood has access to both the ocean and the bay and offer water front homes and bay front homes for sale. A walk to the beach from the bay is only three to four blocks because the Brigantine Island is very narrow in this area. The beaches are very expansive and offer large dunes, sandy beaches, protected beaches for swimming.

Golf Course

While the Golf Course area isn’t oceanfront, it is a lush, attractive area to buy a home along the immaculate 18-hole Scottish Golf Links course at Brigantine Beach. The eighteen hole golf course is intertwined with beautiful natural scenery. This are is primarily used by the full time residence that live in this community year round. The golf course area is surrounded by the bay starting on E Shore, to N. Shore and W. Shore area facing the AC skyline.

South End

Brigantine South End is a beautiful area that offers a variety of townhouses and condos for sale as well as duplexes and single family homes that feature beach access and wide expansive beaches and dunes system on the south end of the island. It also covers the finger coves with bay front homes and access to the channel.

Sea Point Area

Brigantine Sea Point area is adjacent to the South End of the Island offers many new construction homes with fabulous views of the Atlantic City Skyline and Sunset Views on the Island. This area also offers access to the cove and channel with SUV’s 4 X 4 drive on beaches by the Jetty. You can enjoy swimming, fishing, sunbathing, and boating, jet skiing by the cove and jetty.

Let's get together and talk about your South Jersey experience. If you are a buyer, we can help you find the perfect home or condo for you in the South Jersey Shore Home area. If you are selling a home we can simplify the process for you. We can prepare a Comparative Market Analysis – CMA for your home and let you know what your home actual home value is in this market. Call Peter or Beverly Petridis at the office 609-264-7304, or on our cell phone 609-377-4023. We will set-up a time that is easy and convenient for you to meet.

To search for a property for sale in the area click on the link below:

http://www.southjerseyshorehome.com/SearchLocalMLSListings

Please call The Petridis Team from Prudential Fox and Roach Realtors to List your home or to Buy at Home here in Brigantine.  Contact them direct at 609-377-4023.

As you can see the Selling Prices have dropped again over last year.  We had price drops from 4% to as much as 24%. 

Take advantage of the market, this is the time to buy, before the interest rates increase.  Call The Petridis Team for all your real estate needs direct at 609-377-4023. 

We have noticed an increase in our showing activity in the office for this past weekend.  People are starting to come down looking for the great deals and bargains our there in our town.  We had over 40 showings in this past weekend. 

Looking for a home?  Start your MLS search here:

http://www.southjerseyshorehome.com/SearchLocalMLSListings\

Our prices have comed down tremendously over the past few years.  This is a great opportunity to find a home.   Call The Petridis Real Estate Team for all your Real Estate Needs direct at 609-377-4023.