Longport NJ Hot Sheet Listings - Searching for New Homes Just Listed on the Market or Homes that had a Price Change?

November 1, 2009

Hot Sheet Listings for Longport NJ 08403 - Follow this link to see new listings that come on the market and Listings that had a Price Change in Longport.  Save this link to your favorites to see any new activity for Longport Real Estate on a daily basis.  Enjoy this new feature and let us know if you have any questions. 

http://www.southjerseyshorehome.com/Longport-Hot-Sheet-Listings

Please contact The Petridis Team at Prudential Fox and Roach Realtors direct at 609-377-4023.

Weekly Mortgage Rate Sheet for Trident Mortgage…

July 21, 2009

TRIDENT MORTGAGE COMPANY
WEEKLY RATE SHEET 
Michael Loglisci
Trident Mortgage Consultants
Brigantine Office
Phone: (609) 264-7232
Cell: (609) 338-9001
Michael.Loglisci@prufoxroach.com

July 21, 2009

Loan Amounts to $417,000*           1pt                             0 Points

30 Year Fixed                                    5.000%                         5.375%

15 Year Fixed                                    4.500%                         4.750%

30 Year FHA                                      5.125%                         5.375%

 
                                                              1pt                                0 Points

3/1 ARM                                           3.750%                        4.000%

5/1 ARM                                           4.000%                        4.250%

 

Loan Amts $417,000 to $1M       1pt                                0 Points

30 Year Fixed                                      6.000%                         6.250%

15 Year Fixed                                      5.250%                         5.500%

3/1 ARM                                               4.500%                         4.750%

5/1 ARM                                                4.500%                        4.750%

 

The programs and rates listed above are just a few of the loan programs
available thru Trident Mortgage. 
Trident Mortgage has loan programs to suit all of your clients needs.

*Interest rates are subject to change without notice. Rates may vary based on borrowers qualifications.

**Rates do not apply to loans already locked.

Please call the Petridis Team to help you with your real estate purchase.  Direct line for Peter Petridis from Prudential Fox and Roach Realtors is 609-377-4023.  We are available to show you all the homes in the area.  If you are looking for a primary home or a second home at the shore this is the time to purchase your next home.

Homes for Sale, Sold, Under Contract for Longport NJ June 2008 to June 2009

July 11, 2009

Longport

June 08

June 09

Units Change

Percent Change

Sale Median Price

$1,149,500

$969,500

$-180,000

-15.7

Sold Median Price

$1,300,000

$2,700,000

$1,400,000

107.7

Sale Units

104

112

8

7.7

Under Contract

4

2

-2

-50

Sold

3

3

0

0

Absorption

23.5

51.5

28

119.1

 

Longport NJ 08401

 

-Sale Median Price June 2008 was $1,149,500 compared to $969,500, decrease of $180,000

-Sold Median Price June 2008 was $1,300,000 compared to $2,700,000, inccrease of  $1,400,000

-Unit Sales for June 2008 was 104 compared to 112 in June 2009, an incr. of 8 units

-Units UCT June 2008 was 4 compared to 2 in June 2009, a decrease of 2 units

-Units Sold June 2008 was 3 compared to 3 in June 2009

-Absorption June 2008 was 24 compared to 51 in June 2009, an increase of 28 months

 

Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales.  Above is a one year comparison of the number of months of inventory on hand.

Search the MLS - Multiple Listing Service for your next home

June 23, 2009

Please use the zip codes below to search for a home here at the South Jersey Shore area and the mainland areas listed below. Go to our the link below to search the MLS – Multiple Listing Service to find your perfect home:

http://www.southjerseyshorehome.com/SearchLocalMLSListings

Shore Points:
Atlantic City 08401
Brigantine 08203
Ventnor 08406
Margate 08402
Longport 08403
Ocean City 08226

Mainland Areas:
Absecon 08201
Galloway 08205
EHT 08234
Northfield 08225
Linwood 08221

If you are planning a trip to the South Jersey Shore Area and want to map your trip to the shore please use the zip codes and names
of the towns above for your map search.

Peter and Beverly Petridis from Prudential Fox and Roach Realtors can help you with your search to find your next home. Please call them at 609-377-4023 if you need help.

Longport Statistics May 2008 to May 2009

June 15, 2009

Statistics
Longport NJ 08401

-Units for Sales May 2008 was 101 compared to 122 in May 2009, an incr. of 21 units
-Units UCT May 2008 was 3 compared to 5 in May 2009, an increase of 2 units
-Units Sold May 2008 was 4 compared to 7 in May 2009, a decrease of 3 units
-Sale Price May 2008 $2,043,750 compared to $1,675,000, an increase if $368,750
-Absorption May 2008 was 30 compared to 21 in May 2009, a decrease of 9 months

Absorption rate is a calculation of how long it will take for all the homes on the market to be sold, or absorbed, at the current rate of sales. Above is a one year comparison of the number of months of inventory on hand.

ACES Rail Service Started 2/6/09

February 14, 2009

Atlantic City Express Service started running on February 6, 2009 between Atlantic City to New York City.

The service runs from Friday to Sunday and you can travel First Class, Coach and Lounge.  To make reservations please call 877-326-7428. 

ACES FACT SHEET

The Train
• The Atlantic City Express Service, LLC (ACES), is a joint venture between Caesars Atlantic
City, Harrah’s Resort Atlantic City, and Borgata Hotel Casino & Spa.

• ACES will include two four-car multi-level train sets offering comfortable and convenient travel
with leather seating, a choice of first-class or coach class service, and food and beverage
options.

• The ACES train contains a private lounge with audio visual capabilities available for larger
groups to rent so that they can travel, eat and drink together in a fun and relaxed group
environment.

• First class offers upgraded seating on the upper deck of the train with servers available for
food and beverage delivery.

• ACES provides residents of New York and New Jersey a direct transportation option between
the two cities that currently does not exist.

• Through a management contract with ACES, NJ TRANSIT will operate the train service.
ACES has partnered with Amtrak to provide ticketing and reservation services.

• Compass Group will handle food & beverage service; Bombardier was contracted for the rail
car enhancements. Julien Inc. designed and built the food & beverage kiosks, lounge and
luggage racks; in addition, KSU Inc. was responsible for the design and building of the seats.
STV Inc. acted as the overall project manager.

• The Casino Reinvestment Development Authority (CRDA) was instrumental in helping fund the
joint venture. CRDA invested $4.5 million over 3 years for the purchase of locomotives.
The Route

• Atlantic City Express Service (ACES) will provide weekend (Friday-Sunday) travel from New
York City to Atlantic City which will run along the NJ TRANSIT rail lines and take about 2.5
hours.

• The train will depart from New York’s Penn Station and make one stop in Newark, NJ, before
continuing direct to Atlantic City.

• ACES will provide a complimentary shuttle service from the Atlantic City Terminal station to
Harrah’s, Caesars and Borgata, return service will be provided only for passengers with
reserved tickets for ACES.

• Introductory ticket prices will start at $50 for a one-way coach seat and $75 for a one-way first
class seat. Passengers can book the lounge at an additional rental charge of $400.

A THANKSGIVING POEM

November 23, 2008

Twas the night of Thanksgiving, I just couldn’t sleep.  I tried counting backwards, I tried counting sheep.  The leftovers beckoned - the dark meat and white but I fought the temptation with all my might tossing and turning with anticipation, the thought of a snack became infatuation.  So I raced to the kitchen, flung open the door and gazed at the fridge, full of goodies galore.  I gobbled up turkey and buttered potatoes, pickles and carrots, beans and tomatoes, pickles and carrots. beans and tomatoes.  I felt myself swelling so plump and so round, ’til all of a sudden, I rose off the  ground.  I crashed through the ceiling, floating into the sky with a mouthful of pudding and a handful of pie.  But, I managed to yell as I soared past the trees….happy eating to all - pass the cranberries, please.  May your stuffing be tasty, may your turkey be plumb.  May your potatoes ‘n gravy have nary a lump.  May your Yams be delicious may your pies take the prize.  May your Thanksgiving dinner stay off of your thighs.

MAY YOUR THANKSGIVING BE BLESSED!!!

Longport NJ Real Estate

May 1, 2008

Longport New Jersey real estate can be found along the scenic coast of the Atlantic Ocean on the southern tip of Absecon Island. Neighboring the town of Margate and nearby the exciting Atlantic City, Longport NJ is a welcoming place to buy a new home. Residents enjoy amenities such as long sandy beaches, marinas, shopping, dining, businesses for employment and resources as well as entertainment and recreation in and around town. The spectacular real estate properties are complimented well with a thriving community, rich in small town charm and big city amenities.

Homes for sale in Longport are some of the finest properties along the New Jersey Shore. Extravagant estates and single family homes feature top-notch style, high quality building and amazing amenities. Choose from luxury estates with manicured landscaping, scenic waterfront views and unique designs. Whether you are looking for a vacation home or a new residence, Longport NJ offers an appealing selection. Single family homes for sale range from quaint beach cottages to expansive six-bedroom estates. Your Longport realtor can also help you find high quality condos and townhomes with scenic views of the ocean or bay and excellent amenities such as swimming pools and fitness centers. Surrounded by water, oceanfront and bay front properties are in abundance, including both pre-owned and new homes for sale in Longport New Jersey.

Complimenting the high quality selection of real estate, the Jersey Shore is full of exciting and relaxing opportunities. From pleasant walks on the beach to boating to biking the coastline, recreation abounds in and around Longport, New Jersey. The local marinas, the Longport Recreational Complex and the beach are all popular gathering spots for home owners. The town also features access to shopping, dining, community services and all the entertainment that nearby Atlantic City has to offer. Employment and educational opportunities are also abundant in the thriving New Jersey Shore region. If you are looking for a welcoming beach town with high quality real estate, Longport, New Jersey is a great place to buy a new home.

Brigantine Ventnor start page

April 16, 2008


Coldwell Banker At The Shore

Office Phone: 609-266-9500 Ext 117

3100 Atlantic-Brigantine Blvd., Brigantine , NJ 08203

Cell: 609-377-4023    E-mail: petridis@comcast.net