Home Buying in 08203>Question Details

Alexandria, Home Buyer in Brigantine, NJ

My husband and I are new immigrants who live (rent) and work in Atlantic City. We would like to buy our own

Asked by Alexandria, Brigantine, NJ Sun Jun 7, 2009

place, no matter how humble. We don't want to stay in Atlantic City despite the Live Where You Work program
because the condo units are too small and have no assigned parking slots. We're choosing between 1BR/1BA listings in Brigantine( a bit more spacious, with parking) and 2BR/1.5 to 2 BA listings in Absecon, within the same price range. What would be the better buy for us, in terms of future rentability and value appreciation? We're senior citizens and we intend to sell, rent out or avail of home equity in about 6 years.

Help the community by answering this question:

Answers

5
Alexandria,

There are many areas to look at in the Atlantic County area. In Brigantine, a Sparton Harbor 1 Bedroom unit sells for about $100,000 in average condition. Galloway has similar buys available. Most of your options will be in condominiums in this price range. Single family housing starts around $130,000 on the mainland and $240,000 plus in Briganitine. Give me a call and I could help you with financing and finding your piece of the American dream.
0 votes Reply Flag Link Thu Jun 10, 2010
Some of the things you should consider in evaluating the two locations are the annual taxes and the homeowners insurance costs. Also take a look at the rental history of each community.

If you'd like further information on things to consider in your decision making process, please contact me.

Laura Giannotta
Keller Williams Atlantic Shore
609-384-6121
Laura@JerseyShoreViews.com
0 votes Reply Flag Link Mon Jun 8, 2009
There is much more to real estate "investing" than zip codes, size, and parking. Brigantine, Absecon and Atlantic City are not your only options - there is also Ventnor, Somers Point, and other areas that are close to AC and bus routes. Real appreciation is subject to many variables and the rental income can change significantly in future markets. Without knowing the exact two places you are considering and why then I really can't give an opinion.

Good Luck
Web Reference: http://Ask4Greg.com
0 votes Reply Flag Link Sun Jun 7, 2009
Hi Alexandria

My office is in Brigantine and I am very familiar with this area. I would be happy to assist you and your family with the search for the perfect home as well as investment for your future.

Please feel free to contact me via email or cell

At your service,

Mary Ann Jarvis
609-226-6950
njbeachgirl@prufoxroach.com
0 votes Reply Flag Link Sun Jun 7, 2009
Hi Alexandria,

Please call me and we can discuss your situation and options in more detail. My phone is 609-484-9080 ext. 132.

Best wishes,

Matt
Web Reference: http://havilandgroup.net
0 votes Reply Flag Link Sun Jun 7, 2009
Search Advice
Email me when…

Learn more

Copyright © 2013 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer