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.

 

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.

Homes For Sale in Spring Lake NJ