New Zoning Rules Create Real Estate Opportunities

Real estate agent, May Kunnawfer, says that, right now, the real estate market is as hot as summers on the sun. "Everything is selling at a record pace and for record prices, but this has led to a shortage of housing inventory," she says. In an effort to improve the situation, many towns have turned to "creative zoning." Kunnawfer says this is a game changer for real estate. "Simply put, property owners are being permitted to easily sub-divide their land and develop it. Rules regarding construction have also been relaxed so that new dwellings can be raised quickly with limited regulation. This means there are some great bargains out there!"

Area towns such as Bay Head, Brick, and Point Pleasant have already instituted the new zoning guidelines. As a result, many new and interesting properties have been appearing in listings.

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New Listings:

1) Point Beach Cottage

Location: Point Pleasant Beach
Price: $479,000
MLS #: JENEE-867-5309

Your chance to own a Point Beach home for under $500K! This cozy home features bay window, sturdy plastic construction, and outdoor entertaining space. Everything you need for those perfect summer getaways!

Currently tenant occupied.


2) Bay Head Bargain


Location: Bay Head
Price: $625,000
MLS #: HEINZ-57

This Bay Head beauty is a rare find, a two-apartment duplex! Each unit has a private entrance and features a spacious studio inside. Make one unit your summer home and rent the other for additional income. This one won't last!


3) Brick Beauty


Location: Brick
Price: $425,000
MLS#: PI - 3.14159

Newly constructed home is just waiting for you to add your personal touches. The perfect home for anyone who likes to be close to nature. Home is already elevated so no worries about flood insurance! You can't afford to pass up this gem!


4) Mantoloking Mini-Mansion


Location: Mantoloking
Price: $599,000
MLS #: BOND - 007

A true diamond in the rough. This handyman special is a great opportunity for anyone who can see its potential. Solid Amish construction means this home is built to last. With a little remodeling of the interior and TLC, this property will become a great summer home or rental. Don't wait! It will be gone before you know it!

* * * * * 

If you have interest in any of these listings, contact the May Kunnawfer Real Estate Agency, ask for real estate agent May Kunnawfer and make an offer. 

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