Market Datavs. 1 year ago
30-year mortgage7.18%▲ +0.96 pts15-year mortgage6.57%▲ +1.07 pts10-year Treasury4.86%▲ +0.75 ptsMortgage spread2.32 pts▲ +0.21 ptsMedian list price (Oct)$415k▼ -2.2%List $/sqft (Oct)$222▼ -1.3%Days on market (Oct)63 +0 daysActive listings (Oct)1.18M▲ +7.4%New listings (Oct)357k▼ -7.5%Pending sales (Oct)381k▼ -10.7%Housing starts (Sep)1.22M▼ -7.4%Building permits (Sep)1.4M▼ -3.2%New-home sales (Sep)676k▼ -5.3%Existing-home sales (Sep)3.99M▼ -2.2%Months of supply (Sep)8.4▲ +0.2 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 2:40 PM ET
Top Sales

South Jersey Shore (New Jersey) Top 5 Home Sales: New Cape May Home Leads at $3.2 Million

New construction accounted for three of the five sales, all of them homes built this year in Cape May and Sea Isle City.

South Jersey Shore (New Jersey) Top 5 Home Sales: New Cape May Home Leads at $3.2 Million

These are the five highest-priced home sales reported in South Jersey Shore (New Jersey) for the week ending November 8, 2026, and together they came to $13.12 million. All five are in Cape May County: two in Cape May and one each in Avalon, Sea Isle City and Ocean City. The group includes two single-family homes, two townhouses and a condominium, with prices running from $1.82 million to $3.2 million.

No. 1 — $3,200,000 · 401 Reading Ave, Cape May, New Jersey

Top home sale No. 1 in South Jersey Shore (New Jersey) β€” 401 Reading Ave, Cape May, New Jersey, week ending November 8, 2026

The top sale of the week was a newly built Contemporary home on a corner lot at 401 Reading Avenue in Cape May, which sold for $3.2 million. Clad in Hardie Board siding, the two-story home is four blocks from the beaches and a short walk from the Washington Street Mall.

Coffered ceilings span the open living room and kitchen on the first floor. A gas fireplace is the center of the living room, with a reading nook to one side. The eat-in kitchen has stainless steel appliances, an island, a dining area and a bar with a beverage cooler. The primary suite is on the first floor, as are a powder room and a mudroom that doubles as the laundry room. Upstairs are a second primary suite, three guest bedrooms, a hall bath and a front deck. In all, the home has five bedrooms, four bathrooms and 2,232 square feet on a 6,300-square-foot lot.

The outdoor space includes an in-ground pool measuring 8 by 15 feet and a fully landscaped yard, along with the covered front porch. A paver driveway has room for three cars, and a 10-by-12-foot shed adds storage. The property last sold for $1.4 million in 2025, before the current home was built.

Dolores Lanzalotti of JERSEY CAPE REALTY was the listing agent, and Justin Aftanis of HOMESTEAD REAL ESTATE CO. INC. represented the buyer. The home went under contract 27 days after it was listed and finished first among the week’s sales.

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No. 2 — $3,100,000 · 244 14th St, Avalon, New Jersey

Top home sale No. 2 in South Jersey Shore (New Jersey) β€” 244 14th St, Avalon, New Jersey, week ending November 8, 2026

Two blocks from the beach in Avalon, the home at 244 14th Street sold for $3.1 million, tying for second place. Bowman Walker Builders completed it in 2019, and at 2,450 square feet it is the largest of the week’s five homes. It has four bedrooms and three bathrooms on two stories, and Avalon’s shops, restaurants and mini golf are within walking distance.

Hardwood floors run across the first floor, up the staircase and along the second-floor hallway. The great room is wired with built-in Bose speakers, and the home also has a vented gas fireplace. Bermuda shutters, Hunter Douglas plantation shutters and wood blinds are used throughout. The kitchen has granite countertops, a gas stove, a JennAir French door refrigerator and a Bosch dishwasher, and the home also has a walk-in pantry and a separate laundry room.

The primary suite is on the main level and has custom-designed closets. On the second floor, three large finished walk-in closets give the home a great deal of storage, and there is more space beneath the sunroom. Outside, the lawn and flower beds are irrigated, and there is an enclosed outdoor shower and a detached garage at the rear of the property. The property last sold for $250,000 in 2017, before the current home was built.

John “Jack” P Vizzard of BERKSHIRE HATHAWAY HS FOX & ROACH – AV was the listing agent, and Janet Bogorowski of COMPASS RE – Avalon Dune represented the buyer. The home went under contract 29 days after it was listed.

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No. 3 — $3,100,000 · 7304 Pleasure Ave S #Sea, Sea Isle City, New Jersey

Top home sale No. 3 in South Jersey Shore (New Jersey) β€” 7304 Pleasure Ave S #Sea, Sea Isle City, New Jersey, week ending November 8, 2026

In Sea Isle City, a brand-new townhouse on a beach block of Pleasure Avenue in Townsend’s Inlet also sold for $3.1 million. Rockwell Custom built the three-story home, which has 2,100 square feet and an elevator. Its five bathrooms are the most of the week’s five homes, and its five bedrooms tie the top sale for the most.

The living area is on the third floor, laid out to take in the ocean views, and a top deck faces the sunset. A bonus room on the first floor adds flexible space. The home has cathedral ceilings, a bar and an eat-in kitchen with a pantry, along with an attached garage and an outdoor shower.

Twenty-eight days after it was listed, the townhouse was under contract. Stanley Kolimago of Tim Kerr Sotheby’s International Realty was the listing agent, and Charles “Bud” Rinck of FOX REAL ESTATE represented the buyer.

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No. 4 — $1,900,000 · 101 Sunset Blvd W #3, Cape May, New Jersey

Top home sale No. 4 in South Jersey Shore (New Jersey) β€” 101 Sunset Blvd W #3, Cape May, New Jersey, week ending November 8, 2026

Black Duck Nest, a new residence on the third floor of the Black Duck Residences at 101 Sunset Boulevard in West Cape May, sold for $1.9 million. The Black Duck Residences are Black Duck Landing on the second floor and the Nest on the third, set above a full-service health spa called Rise, on a parcel that runs from street to street. Restaurants, boutique shops and the grounds of Wilbraham Park are steps away.

The home has three bedrooms, four bathrooms and 2,448 square feet on a single level, and an elevator opens directly onto the floor. Each bedroom has its own bath. Across the front, a four-season enclosed porch is bright like a solarium, and the open living area, kitchen and dining room connect to it, as does the primary suite. A flex room off one of the rear bedrooms could serve as an office or a den.

The kitchen pairs white cabinetry with gold accents and gray-and-gold veined quartz countertops, with coffee-toned cabinetry in the bar area. Northern birch floors run throughout, and the dining area has a custom farmhouse heritage table, a gift from the owners. From the Nest there are water views as well as views of the town skyline and the sunsets. The home also has a spacious foyer, an enclosed outdoor shower and two assigned parking spaces.

The same agent was on both sides of the sale. Carol A. Menz,GRI,CRS,ABR,SFR of COASTLINE REALTY, LLC listed the home with Ami Menz,CRS,GRI,SRES,AB of COASTLINE REALTY, LLC and also represented the buyer.

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No. 5 — $1,820,000 · 2529 Central Ave #B, Ocean City, New Jersey

Top home sale No. 5 in South Jersey Shore (New Jersey) β€” 2529 Central Ave #B, Ocean City, New Jersey, week ending November 8, 2026

In Ocean City, a four-bedroom condominium on the second floor at 2529 Central Avenue sold for $1.82 million, furnished. Built in 2018, it is the oldest of the week’s five homes and, at 1,479 square feet, the smallest. It is close to the beaches and the boardwalk.

The unit has an elevator and a private inside stairwell, and there are no interior steps once inside. It has two full baths and a half bath. Hardwood floors, cathedral ceilings and plantation shutters set the tone, and the family room has a built-in gas fireplace. The eat-in kitchen has an island. Decks at the front, at the rear and on the roof extend the living space outdoors, and the one-car garage has an EV charger, upgraded flooring and cabinets for beach gear. The property last sold for $940,000 in 2018.

ELLEN MCGONIGLE of BHHS FOX and ROACH-Simpson OC was the listing agent, and MICHAEL G CONTINO represented the buyer.

See this property in Google Street View →


RealtyWire selected these transactions from publicly reported residential sales identified for the calendar week ending Sunday, November 8, 2026. The report may exclude private, off-market, delayed or nondisclosed transactions. Prices, property details and professional representation are reported as available at publication and may be updated following confirmation from transaction participants.

Were you involved in one of these transactions? Contact RealtyWire to verify or correct your professional credit or submit information for a future edition.

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