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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

By JOHN CURRAN
Associated Press Writer

April 26, 2006

ASBURY PARK, N.J. -- C-8's days are numbered.

On Saturday, a staccato series of explosions will fell the unnamed, unfinished condominium building, a ghostly symbol of Asbury Park's blighted waterfront since the 1980s. One part community catharsis, one part spectator event, the 12-second implosion will clear the way for a new condominium project at the heart of a slow-moving, $1 billion makeover planned for the seaside city where rocker Bruce Springsteen came to fame.

"It's about time," said Kenny Wilson, 46, of Asbury Park, passing by on his morning jog Wednesday. "It's been up there too long. It's an eyesore, you know?"

Built in 1986 as part of a $500 million redevelopment project that later went bust, the building was abandoned with only 12 of the planned 16 stories built. C-8 got its name from the block designation used by city planners.

Its concrete-and-steel shell, a 120-foot tall structure overlooking Asbury Park's desolate boardwalk, became a kind of public enemy number one as the waterfront languished, scaring off would-be beachgoers as well as investors.

"People would take one look and say, `We don't want to be down here,"' said City Councilman John Loffredo. "They used to call us `Beirut on the Jersey shore.' And that's what this looked like."

In 1993, an unknown prankster scaled the building and hung a banner from an elevator shaft that read: "Fix This Mess."

When a new waterfront developer was named in 2001, builders hoped to salvage the steel frame and use it in the new structure.

But that plan was shelved because of problems with the foundation, according to Dean Geibel, managing partner of Metro Homes, the Hoboken real estate developer that plans to build a 221-unit condominium complex in its place. Its name: The Esperanza at Asbury Park. Esperanza means hope in Spanish.

At about 7 a.m. Saturday, Loffredo will push a plunger to set off the implosion, which is being conducted by a demolition company whose previous targets included Three Rivers Stadium in Pittsburgh, the bombed-out remnants of the Alfred P. Murrah Federal Building in Oklahoma City and the Traymore Hotel in Atlantic City.

Using about 90 pounds of plastic explosives placed in 130 locations, the charges will knife through the structure's 8,000 tons of steel beams and let gravity to do the rest. The amount of dust will be minimal, since the building has no masonry, save for a few concrete panels, according to Douglas Loizeaux, vice president of Controlled Demolition Inc., of Baltimore.

The resulting pile of rubble will remain mostly within the existing structure's footprint, he said.

Thousands of spectators are expected, according to city officials.

"This has become a spectator sport," said Loizeaux.

The city will cordon off a nine-block area around the site to protect people from the debris and dust.

Not everyone will be happy to say goodbye.

"To tell you the truth, I got used to it," said Rita Marano, 75, who owns the Kingsley Street Deli, right across the street. "I'm going to feel lonely without it."

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