Home Buying in Lanoka Harbor>Question Details

Jim, Home Buyer in

I am considering purchasing a vacation home in Lanoka Harobr on the water. It seems you get more house for

Asked by Jim, Tue Apr 15, 2008

the dollar than other areas within 10 miles either way. Is there a reason for this? Is it more of a residential or summer vacation area and is there anything to look out for in that area when purchasing a vacation home?

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Jim:

There is a nice mix of both residential and vacation homes in Lanoka Harbor. The further away from the water you are in Lanoka Harbor, you will have a considerable amount of year-round residents. Down Bayway in Lanoka Harbor, for example, all the way down the mile or two long stretch there are some streets called Meadowlark, SeaGull, Sandpiper, that have a mix of both residential and vacation homes. Meadowlark, for example, has many year round residents that live towards the beginning of the street right off of Bayway, while as you drive towards the end of the street (dead end), there is a heavy amount of vacation homes. Having lived on Meadowlark Drive in Lanoka Harbor in my teens with my family, I am aware of this. Moreover, there is a private beach at the end of Meadowlark that has a playground, and a sheltered bay cove that leads to the mouth of the bay and joins with a lagoon from a neighboring street. There is no fee to gain access to the beach, and because of its location, it is highly exclusive and rarely busy...
And many areas of Lanoka Harbor are as beautiful and serene, and offer finds like this. Another location to look in Lanoka Harbor is down Laurel Boulevard; all the way down that 3 mile stretch lays a beautiful neighborhood of waterfront homes that are absolutely exquisite. There are parks, marinas, and dining within a short distance to many of these homes, and it is a great place to have a vacation home as many year-round residents are within these areas and will usually give you a heads up as the homeowner if there are issues on your property, so that way you can fix, maintain, or just stay informed.

If you move into the Forked River side of town where there is waterfront, you will have a slightly higher population of year-round residents in the waterfront areas, and you might pay more. Down Beach Boulevard in Forked River, for example, there is a mix of both year-round and vacation homes, but the closer you get towards the water the more you will notice that the homes are strictly vacation homes. Moreover, a big drawback in the Forked River waterfront area, (particularly down Beach Boulevard) is that there is only one way in and one way out of the entire neighborhood-over 1 bridge. Also, there is a nuclear powerplant in the Forked River side of town, and depending on where you buy your waterfront vacation home, you might actually have a view of the plant.

We hope this helps you! If you have any other questions or would like one of our experienced agents to send you information on homes in the area, give you a tour of the areas, or help you in your real estate needs, please do not hesitate to contact our office.

Good luck to you.

Cara Realtors, Point Pleasant Beach, NJ
Web Reference: http://www.cararealtors.com
0 votes Thank Flag Link Mon May 10, 2010
In terms of waterfront properties in Ocean County, the further south you venture, the further your money will take you. Little Egg Harbor has a large inventory of waterfront properties starting around $150,000. Lanoka Harbor would be more in the range of $350,000 for a similar sized home. Their is a bevy of things to consider, but you would be happy owning a waterfront home in any Ocean County shore location.

One thing to consider if you're looking for a vacation or part-time home is the surrounding area is how easy is it going to be to get to restaurants, shops, or summer fun? How close are the beaches and will there be significant traffic running basic errands? The Jersey Shore is hot spot for summer vacations, but you want to leave the stress and aggravation behinf. Ocean County is a wonderful place to spend the summer!

Jamie Armstrong
Coldwell Banker Riviera Realty
REALTOR Associate
0 votes Thank Flag Link Wed May 5, 2010
Lanoka is a very nice area. I agree with Jewel. They are year round and summer homes. Also look into the Pebble Beach section of Waretown and Barnegat. Plenty out there now to choose from. You should take a tour of each neighborhood and compare. Worth your while.
Ray@ Crossroads Realty
0 votes Thank Flag Link Wed Apr 16, 2008
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