Not just selling shore homes, selling a shore way of life. Your resource for the best homes, hotspots, & happenings in Margate, Ventnor, & Atlantic City.

Friday, July 30, 2010

COOLER WEATHER MEAN A HOTTER TIME AT THE SHORE!!!




It was a "hot ole time" at the shore with no relief from the heat last weekend.  Thankful the welcome rains this week finally cooled things off and the shore temperatures are just fabulous for the coming weekend. 


So please come join us for these four great Open Houses.

Saturday, July 31st - 11am-1pm

11 East Drive, Margate, NJ


This 1920s Marven Gardens home is an unquestionable classic. The 4 BD 2.5 BA Dutch Colonial is located just a short walk to the beach & boards & close toMargate's downtown. Interior features include large room sizes, a living room & a sun room each w/fireplaces, built-in bookcases, hardwood floors, an eat-in kitchen & large pantry. One of the biggest selling points is the huge back yard, an uncommon asset rarely found in Marven Gardens. This home offers the right location at the right price!!! $549,000

Saturday, July 31st - 11am-1pm

9307 Monmouth Avenue, Margate, NJ

The Margate Marina is that rarest of settings offering the best of the beach, dining & the Marina all within a short walk. This new construction 4 BD 2.5 BA home offers Victorian beach charm w/shingle exterior, circular windows & arched doors ways.The front porch entry leads to a living room that flows to a large dining room & gourmet kitchen w/granite counter tops & SS appliances. There's a 1st floor master BD, a huge back yard & a 2nd floor deck w/bayviews. Being sold furnished w/flat screen TV & 2+ parking. $649,000

Sunday, August 1st - 11am-1pm

412 N. Harvard Avenue, Ventnor, NJ


This immaculate 4 BD 3.5 BA Ventnor bay front home is the perfect summer gateway or year round home. Fully renovated in 2007, this sunny home features unparalleled view along with such outstanding features as 2 master bedroom suites, (1 on the first floor & 1 on the 2nd floor), a large open floor plan w/granite kitchen center island that seats 7-8 people & a huge trek deck w/4 boat slips. Other outdoor features include a large stationary covered area, fenced yard, outdoor shower & a 2 car garage. $1,100,000

Sunday, August 1st - 11am-1pm

27 N. Buffalo Avenue, Ventnor, NJ


You will be dazzled by this fully renovated 3 BD 2.5 BA Dutch Colonial home just 2.5 blocks to the beach. For the best in shore living, this meticulous home w/central A/C features a sun-filled living room, an open dining area & a great chef's kitchen, new hardwood floors & a master bedroom w/full BA. Outside, the home boasts a huge covered front porch, a rear deck w/fenced-in patio, a detached garage & maintenance-free landscaping. This beach getaway has it all! $429,000

Monday, July 26, 2010

Another Happy Client Courtesy of Remarkable Renovations!!!




In March I told you about another home being transformed in Margate by the premier builder/renovator, Remarkable Renovations. Over the last few months I shared a few of the transition photos as the project progressed. 


I am happy to announce that after a mere four months later, 8607 Winchester Avenue in Margate, has been completed and sold to a very happy family. 


Since the Buyers made the decision to purchase this home early in the renovation stage, they were able to participate fully in the color and finish selection process and even alter the plans to customize the home to better suit their lifestyle and family's needs.


This is what the home looked like in the beginning:
















Here is the finished product today!!!
















Come Take A Look Inside...

















Other Remarkable Renovations' homes are currently available in Margate and Ventnor at this time.  Please call me at 609-402-5885 or email at markarbeit@aol.com for more information.

Friday, July 23, 2010

Beat The Summer Heat - Come To The Shore!






The Summer is really flying by and the weather continues to be the best!  This weekend is predicted to be the same again.  So get out of the city and come to the shore and while you are here come see us at one or more of our 4 great Open Houses.  Hope to see you!

Saturday, July 24th - 11am-1pm

7815 Atlantic Avenue Unit #4, Margate, NJ


The residence at “The Franklin House” Ocean view Townhouses redefines excellence and offers a Shore living experience that is unparalleled in Margate.The 3 BD 4 BA unit features a unique designer layout, named “The New Model for Margate” for its superior design & construction by architect Robert Kiedjan. Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & Sub Zero & Wolf appliances, central vac & 2 car garage. $925,000


Saturday, July 24th - 11am-1pm

501 N. Delavan Avenue, Margate, NJ

Situated on a huge corner lot & professionally landscaped, this immaculate 3 BD 2BA home has been totally renovated. Inside the home is breathtaking. The expansive gourmet eat-in kitchen features custom cabinets, granite counters, Sub-Zero appliances, 2 ovens & 2 sinks. The master suite is large & bothBaths have been fully renovated to perfection. The 3rd BD has custom built-ins & the house also has new AC & water heater, a large covered front porch, an attached garage & rear patio. Shows like new construction! $499,000


Sunday, July 25th - 11am-1pm

108 S. Philadelphia Avenue, Ventnor, NJ

Aptly named The House of Seven Gables, this former English Tudor has NOW been totally renovated into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,569,000

Sunday, July 25th - 11am-1pm

305-307 N. Lafayette Avenue, Ventnor, NJ

2010 will be known as the year of Real Estate opportunities & here is one you should not miss! This Ventnor Garden duplex has two HUGE 2 BD 2 BA units each w/hardwood floors, large eat in kitchens, separate dining rooms, decks, central A/C, washer/dryer, ample parking & a HUGE fenced back yard. Located in a great neighborhood close the schools, this entire duplex is priced lower than many half duplexes & 2 BD 2 BA condos currently on the market. Live in one & rent the other. Or rent BOTH!!! $349,000

Thursday, July 22, 2010

BIG NEWS FOR ATLANTIC CITY & THE ISLAND




Gov. Chris Christie Announced Plans for a State Takeover of Atlantic City's Casino District
By Juliet Fletcher


Gov. Chris Christie unveiled the first specific details of how Atlantic City's casino and tourism district may come under state control.



Standing at the New Meadowlands Stadium, on the 50-yard line, Christie held up the finished report by his advisory commission on gaming, sports and entertainment, which contains recommendations on making the three industries solvent. Christie said the report, showed "breadth, depth and boldness."


Christie is appearing at 2 p.m. in Atlantic City for a second press conference.


His historic announcement aims to strip away decades of regulation surrounding the casinos, hoping to copy the gambling rules in Nevada. Also, Christie hopes to prioritize using casino tax revenue to fund Atlantic City's blighted areas.


Focus on Atlantic City


Atlantic city and state officials have naturally focused most on the governor's plan to create a state-run portion of Atlantic City, in a plan already described as a city within a city. Christie said he could no longer watch the "teetering" of Atlantic City's institutions.


He said he gave "fair warning" to Atlantic City's government to fix problems pointed out in a recent state audit or face state takeover.


He said he wanted to see the state run a clean and safe tourism district there within a year.


"Delay leads to demise," he said.


Christie said he doesn't expect the proposed changes to change the tax structure for Atlantic City's casinos, up or down.


At this point, casino companies would not save any new taxation, but he said that the Atlantic City Tourism District would operate in a "private-public partnership" and said that casino companies and future investors would be expected to provide significant funds for the partnership.


That means that the state will operate services within the district, but casinos would also help fund those services.


During his speech, Christie stressed the need to make Atlantic City "clean and safe."


Referring to long-term, wasteful spending by successive Atlantic City governments, he said "Atlantic City has had a historically corrupt, ineffective, inefficient government."


Those leaders, he said, had been "riding the crest of the gaming wave when we have a monopoly."


Now that Atlantic City faces competition from neighboring states, which are expanding gaming, Christie said "we have to create a new wave."


Gaming enforcement would be streamlined, he said. He described the current system as an antique car."


Opposition


New Jersey Democrats appeared to be playing politics with Christie's proposal only about half hour after it was released.


In a prepared statement issued by New Jersey Democratic leaders, who called the plan "underwhelming and incomplete," they stressed the need for a planned gaming summit of legislators and gaming industry officials to work out a better proposal. The summit is the Democratic alternative to Christie's plan.


State Senate President Steve Sweeney, D-Gloucester, Cumberland, Salem, said Christie's plan "failed to offer proposals that could actually grow the industry, attract new investment and restore the state's reputation as the East Coast's preeminent gaming destination."


"Anyone who walks the Atlantic City Boardwalk for five minutes would come to the same conclusions that it took this commission six months of closed-door meetings to reach," Sweeney said.


"Improving New Jersey's gaming and entertainment industry means more than just cleaning the streets and slapping on some paint. It means bringing new products into the market that will attract visitors and beat back the steady stream of new competitors. It means creating jobs and welcoming businesses. This report only goes half way."


Sweeney said the report makes the need for the gaming summit "all the more vital and pressing." He said the summit would use Christie's report as a baseline for discussions, but would also deal with the more detailed economic and market-based issues the gaming industry needs to confront in creating a vision for long-term viability.


As state Senate president, Sweeney's support of the measure is needed to get it through the Legislature.


Officials in Mayor Lorenzo Langford's administration said the mayor has been holding meetings all morning about the governor's proposal, including discussions with some members of his Strategic Planning Committee.


But Langford hadn't received a copy of the report as of 10:30 a.m. Kevin Hall, the mayor's spokesman said. Langford planned to reserve comment until after Christie's speech in front of Boardwalk Hall. He also said the mayor may be seeking to get some face time today with the governor or one of his representatives.


The unfinished Revel project


The commission also focused on the state of Revel Entertainment Group's unfinished megaresort in the city's South Inlet. The property was part of a small collection of initiatives the state hopes to tackle immediately, including identifying "a catalyst" to monitor progress at the stalled construction site and to recommend further state involvement.


Revel all but shut down its construction of its $2.5 billion casino project this spring after the upstart company failed to obtain financing for its interior development. Investment giant Morgan Stanley bailed out of the project soon after, reporting more than $900 million in losses from its investment in the project.


Christie has already shown his support for the project, which many have said is instrumental to the future success of the resort, by signing legislation that would potentially supply more than $300 million in future state sales taxes to be infused in the infrastructure around the site.


The report did not make specific suggestions about additional state involvement.


On Xanadu, Christie said, "Make it work or tear it down."


Key recommendations


The report's key recommendations are:


  • To create a state-run portion of Atlantic City, covering the casino zone, the Boardwalk and marinas.


  • To delay all talk of any expansion of gaming outside Atlantic City, including video-lottery terminals at racetracks, for a number of years until investment has a chance to return to Atlantic City


  • The Meadowlands Racetrack could be closed or sold, possibly to one of the state's horsemen's groups for a token $1


  • The Izod Center could be privatized or sold.


  • The state would try to refinance the delayed Xanadu project in the Meadowlands, and would seek enabling a new developer who would commit to expanding entertainment and not just retail at the complex.

On Atlantic City, the report's recommendations are:


  • To create a zone within the city which will fall under the control of a new authority reporting directly to Christie.


  • To develop a master plan for that district.


  • To build a private-public partnership in charge of city marketing.

To fund the changes, the report recommends:


  • Ending the subsidy agreement which saw casinos paying horsemen's groups $30 million a year.


  • Closing the New Jersey Sports and Exposition Authority, which operates the state-owned sports stadiums and racetracks but which has needed repeated injections of emergency state funds to remain afloat.


  • The NJSEA recently declared its debts of $38 million were so bad that it would need a state bailout.


  • To use savings made by scrapping the ACCVA, which received criticism from Christie for its high staff salaries
Photo by: Vernon Ogrodnek

Friday, July 16, 2010

SEE YOU AT THE SHORE THIS WEEKEND!!!

A friend of mine related a story about one of her guests and how much fun she had at the shore until the weekend came to an end.  When all the friends and neighbors said goodbye at the end of the weekend, their parting words were "See you next weekend!". Her guest felt bad that she had not yet bought a place at the shore. 
There IS a solution...and we have two Open Houses this weekend that may solve that problem. Please come by.

Saturday, July 17th - 11am-1pm

7815 Atlantic Avenue Unit #4, Margate, NJ

The residence at “The Franklin House” Ocean view Townhouses redefines excellence and offers a Shore living experience that is unparalleled in Margate.The 3 BD 4BA unit features a unique designer layout, named “The New Model for Margate” for its superior design & construction by architect Robert Kiedjan. Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & Sub Zero & Wolf appliances, central vac & 2 car garage. $925,000

Sunday, July 18th- 11am-1pm 

108 S. Philadelphia Avenue, Ventnor, NJ

Aptly named The House of Seven Gables, this former English Tudor has NOW been totally renovated into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,569,000

Wednesday, July 14, 2010

A Shore Tradition




Why do people buy homes at the shore? Everybody has different reasons.



I didn’t grow up at the shore. I moved here eleven years ago and I love it. I would not live anywhere else. I thought the island was beautiful and offered everything I needed, and I believe that even more today.


In the spring and summer it is alive with activity, people and a multitude of options to share with friends and family. It is the “go to” place for my friends and family to meet, entertain, party, sit in the sun, enjoy great restaurants, shop, read, walk, people-watch or just escape.


In the fall and winter, it is more tranquil and serene. A bit quieter because less people have the leisure time to be here as often, but the weather is mild most of the year so it is still alive with full-time residents and sometimes visitors stealing away for a weekend or some holiday time. Reservations are a little easier to make at your favorite restaurants and the stores and restaurants don’t close up for the winter, so the island is still here for you to enjoy…with a little more room and at a slower pace.


As a REALTOR®, I meet a lot of people and I get to know them pretty well. Everyone has their own reasons for coming to the shore, but I have found a consistent answer from most people: FAMILY!


Many people that come here regularly came here as children. They talk about coming here every summer with their family and seeing all of their friends. For many, it was a multi-generational experience. They have countless wonderful memories growing up at the shore, visiting their grandparents, parents, aunts or uncles. It was like a ritualistic annual pilgrimage, full of anticipation and excitement, with one or more family members owning or renting that “special” summer getaway where the entire family converged each year.


I grew up in New York and we were sent away to camp. So I listen with envy and awe of how families bonded every summer on the beach. Brothers and sisters, parents and grandparents, aunts and uncles and cousins and friends - all gathered year after year sharing the fun and traditions of the shore. Parents share their stories with me time after time, filled with affectionate reminiscences of happy times and the anticipation of their opportunity to share this experience with their own children.


Summers at the shore are a memory not soon forgotten. Like so many gifts parents try to give their children, former shore children now grown yearn to create this experience for themselves and their families. One only needs to walk along the beaches in Ventnor, Margate, Longport or Atlantic City on any sunny day to confirm that those memories and traditions continue being made today. 


Friday, July 9, 2010

Another Great Weekend At The Shore & More Great Open Houses




The best thing about the summer at the shore is that if you missed the great weather the week before, there's always the next weekend. 


Last weekend was AMAZING and the beaches were PACKED everyday.  The weather is going to be beautiful again this weekend so here are a few Open Houses we hope you will stop in on and see us!

Saturday, July 10th - 11am-1pm


9307 Monmouth Avenue, Margate, NJ


The Margate Marina is that rarest of settings offering the best of the beach, dining & the Marina all within a short walk.This new construction 4 BD 2.5 BA home offers Victorian beach charm w/shingle exterior, circular windows & arched doors ways. The front porch entry leads to a living room that flows to a large dining room & gourmet kitchen w/granite counter tops & SS appliances. There's a 1st floor master BD, a huge back yard & a 2nd floor deck w/bayviews.Being sold furnished w/flat screen TV & 2+ parking. $649,000


Saturday, July 10th - 11am-1pm


1 Neptune Drive, Anchorage Point, EHT, NJ


This beautiful townhouse, just outside of Longport enjoys all the privacy of Bay front living with unobstructed water views & magnificent sunsets. This completely custom 4 BD 3.5 BA townhouse features a great room with soaring ceilings, a fireplace, top-of-the-line granite kitchen all flowing to a spectacular oversized deck. Other highlights 2 master suites, hardwood floors, 3 decks, enclosed garage and a 50’ boat slip w/floating dock w/ water & electric. The perfect summer getaway or year round home!! $425,000


Sunday, July 11th - 11am-1pm


9717 Beach Avenue, Margate, NJ


Treat yourself & your loved ones to the ultimate beach getaway, in this contemporary direct ocean front 3 BD 2.5 BA townhome. Located on the border of Margate & Longport, w/incomparable ocean views the home features a custom kitchen equipped w/ Miele appliances & granite counters, wet bar, 2nd story deck off the master bedroom suite & a large ocean front patio w/ direct private access to the beach. The home has been extremely well maintained by the current owners including a new bulkhead & roof. $995,000




Sunday, July 11th- 11am-1pm


12 N. Newark Avenue, Margate, NJ


This 3 BD 1.5 BA rancher is the perfect beach getaway. Just 2 blocks to the beach on one of the most sought after tree-lined streets in Ventnor, the home features an array of delightful spaces including a sun room, eat-in kitchen & dining room. It is an immaculate home with an open floor plan & a huge attic perfect for expansion. The fenced yard w/deck is a lovely spot for relaxation & entertaining. The property also includes off street parking for 2+ cars, storage shed and outdoor shower. $375,000

Friday, July 2, 2010

HAPPY FOURTH OF JULY - COME SEE US THIS WEEKEND!!!




A lot of people were busier than usual during June.  Lots of weddings, graduations, proms and school closings - all delayed even later thanks to the brutal winter that forced a longer school year.


BUT ITS ALL OVER NOW! 
JULY IS HERE and its the 4th of July weekend!!! 

Don't miss the shore this weekend and please stop by our 5 GREAT Open Houses!!!
For details please check our ads in The Down Beach Current or The Jewish Exponent.

Saturday, July 3rd- 11am-1pm

12 N. Newark Avenue, Ventnor, NJ


This 3 BD 1.5 BA rancher is the perfect beach getaway. Just 2 blocks to the beach on one of the most sought after tree-lined streets in Ventnor, the home features an array of delightful spaces including a sun room, eat-in kitchen & dining room. It is an immaculate home with an open floor plan & a huge attic perfect for expansion. The fenced yard w/deck is a lovely spot for relaxation & entertaining. The property also includes off street parking for 2+ cars, storage shed and outdoor shower. $375,000


Saturday, July 3rd- 11am-1pm


7815 Atlantic Avenue, Margate, NJ


The residence at “The Franklin House” Ocean view Townhouses redefines excellence and offers a Shore living experience that is unparalleled in Margate. The 3 BD 4 BA unit features a unique designer layout, named “The New Model for Margate” for its superior design &construction by architect Robert Kiedjan. Highlights include 4 private balconies, elevator, 2 gas fireplaces, oak & pecan hardwood floors, custom kitchen w/granite counter tops & SubZero & Wolf appliances, central vac & 2 car garage. $925,000


Sunday, July 4th- 11am-1pm


108 S. Philadelphia Avenue, Ventnor, NJ


Aptly named The House of Seven Gables, this former English Tudor is being transformed into the quintessential beach block home w/ important ocean views from every room. This open plan masterpiece with a “California Flair”, features 4 BDs including a vaulted master BD suite & a 1st floor bedroom suite, 4 beautifully appointed on-suite BAs, cathedral ceilings throughout the second floor, multiple decks, state of the art chef’s kitchen, a bonus playroom & a private courtyard. $1,569,000


Sunday, July 4th- 11am-1pm


28 S. Benson Avenue, Margate, NJ


Steps to the beach, this Southside Margate beach ranch home is the best opportunity on the market today. Situated on a huge lot that runs street to street, this home features a new custom kitchen w/granite counters & SS appliances, new A/C, remodeled baths & gorgeous H/W floors through out. Outside there is a front porch, a back patio & a huge fenced yard perfect for big parties, a pool or an addition. Build an additional 2nd fl. unit to rent as it's also zoned multi-family. There's even 3 car parking & a shed too. $649,000


Sunday, July 4th- 11am-1pm


305-307 N. Lafayette Avenue, Ventnor, NJ


2010 will be known as the year of Real Estate opportunities & here is one you should not miss! This Ventnor Garden duplex has two HUGE 2 BD 2 BA units each w/hardwood floors, large eat in kitchens, separate dining rooms, decks, central A/C, washer/dryer, ample parking & a HUGE fenced back yard. Located in a great neighborhood close the schools, this entire duplex is priced lower than many half duplexes & 2 BD 2 BA condos currently on the market. Live in one & rent the other. Or rent BOTH!!! $349,000

Thursday, July 1, 2010

House OKs Extension of Tax Credit Deadline




Gary Freedman, our Trident Mortgage Representive, just sent me this update regarding the tax credit extention deadline and I wanted to share it with you.


PLEASE NOTE: THIS IS ONLY AN EXTENSION OF TIME TO SETTLE. BUYERS STILL NEEDED TO BE UNDER CONTRACT BY 4/30/10 TO BE ELIGIBLE FOR THE TAX CREDIT


House OKs Extension of Tax Credit Deadline
by JACOB GAFFNEY


Tuesday, June 29th, 2010, 4:32 pm


The House voted 409 to 5 in favor of extending the tax homebuyers credit for closing mortgages.


The Senate can approve the measure in the next 24 hours, and with Presidential ratification, it's possible that no contracts fall through the cracks with the current deadline of June 30 looming.


As it stands, homes currently under offer will be provided three more months to close in order to be eligible to receive the credit.


Mortgage finance players were not surprised and reacted mutedly and with full expectations the bill will become law. One secondary market trader said in an email stream that he half expects the tax credit to come back after a few more rounds of dismal housing stats.


Another said that the bill represents no new money coming to market and therefore, no change to their outlook for housing finance.