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Real Estate
in Spring Lake NJ
Real Estate in Spring Lake New Jersey is a very valuable commodity. It’s one of the most exclusive New
Jersey Communities and probably the most exclusive community by the New Jersey Shore. The proximity to the beach make this
small shore community a beautiful place to live or vacation.
Homes
For Sale in Spring Lake NJ
On this website you
will find resources on real estate in Spring Lake
NJ and a tremendous
amount of information. We are
interested in assisting anyone wishing to buy sell or rent property in Spring Lake NJ.
Spring Lake
NJ News
From Newsdayt
For Jersey
Shore's endangered
motels, recognition but no solution
By JOHN CURRAN
Associated Press Writer
May 11, 2006, 11:24 AM EDT
WILDWOOD, N.J. -- The
Lollipop and The Starlux. The Shalimar and The Caribbean.
The Imperial 500 and The Tangiers.
With garish neon signs, multicolored exteriors and sweeping deck overhangs,
the "Doo Wop" motels of the Wildwoods are the architectural
equivalents of a Vitalis-slicked pompadour.
But they, too, are fading into the past.
One by one, the Mom-and-Pop motels are being razed, rendered economically
obsolete by a real estate boom that has made the land underneath too
valuable to support a couple of dozen $100-a-night motel rooms.
"It's hard," said Daytona Motor Inn owner John Donio, who has
been offered five times what he paid for his 20-unit motel, two blocks from
the beach. "I want to stay, I really do."
More than 50 of the motels have been demolished in the last three years,
giving way to pricey condominiums with none of their charm _ or history.
"Without a concerted attempt to halt demolition, these colorful
vestiges of American life will go the way of the ducktail haircut, the `57
Chevy and the drive-in double feature," said Richard Moe, executive
director of the National Trust for Historic Preservation. "Instead of
being demolished to make way for nondescript new development, the Doo Wop
motels should be preserved as the focus of an all-season resort and a
vibrant, livable community for year-round residents."
The Trust, based in Washington, D.C., this week included the motels on its list of
the 11 most endangered historic places in America.
More symbolic than anything, the distinction is aimed at raising public
awareness about the plight of the sites, which include concrete steps from
the World Trade Center, the Smithsonian Arts & Industries Building in
Washington and Blair Mountain Battlefield in Logan County, W.Va.
But preservation advocates say the notice could help fuel efforts to give
owners the financial incentive necessary to resist selling, thereby keeping
the kitschy little inns in business.
Built in the 1950s and 1960s and dubbed "Doo Wop" after a vocal
style of the period, the motels sprung up next to the ocean in Wildwood,
North Wildwood and Wildwood Crest, catering to a booming post-war America
that wanted vacation places with outdoor pools, parking spaces and easy
ocean access.
Owners are caught in a financial quandary.
"Some of these people have been at it since the 1950s," said Dan
MacElrevey, president of the Doo Wop Preservation League, a nonprofit group
dedicating to saving the old structures and having new ones built with
1950s-era touches.
"Developers will tell them, 'That site that was worth $2 million last
year? I'll give you $6 million for it, and you can go retire with the $4
million,"' said MacElrevey.
The state Department of Environmental Protection, in conjunction with the
state Casino Reinvestment Development Authority, is in the process of
reviewing state regulations with an eye toward easing the burdens of the
motel owners and encouraging them to keep the motels operating as they are.
"The Wildwoods were always intended for the middle class," said
Dorothy Guzzo, administrator of the state Historic Preservation Office.
"And that's something that's being threatened."
Donio, 34, who bought the Daytona for $1 million in 2001, was offered $5
million for it last year and said no. But his property taxes went up, and
he wonders how long he will hold onto the property. He was glad to hear
about the motels' inclusion on the historic preservation list, but said it
won't help pay his bills.
"If they could help us with our property taxes or something, anything,
to help us out, it would be great," Donio said.
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Tip #19
Home Buying Tip, Online Searching:
Searching online is a very effective way to look for real estate in New Jersey, or
anywhere for that matter. Good
websites allow you to search through multiple MLS’s so you can
cover a wide range. For example
here you can Search for
NJ Real Estate.
After you find the house you are
interested in you can inquiry with the real estate agency to find out
more information or to arrange an appointment to view the house.
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Tip #18
Home Selling Tip, Targeting Out Of State:
When you sell your home you sometimes have to put yourself in the
potential buyers’ shoes. In New Jersey many home buyers are from the
surrounding area, like New York or Pennsylvania.
Knowing this can allow your agent to
market your house more effectively.
If he/she will advertise in a New York publication they can describe
the proximity to NY. This allows
your potential Buyer Base to expand.
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