Is Longport the New High Watermark for Luxe Homes at the Shore?
A certain stretch on the Shore has built a convincing case for possessing the most luxurious beach homes on the Jersey coast. Known as “the pearl of Absecon Island,” the charming town of Longport occupies a serene square mile in between Ocean City and Atlantic City.
For families seeking the ultimate getaway, it’s hard to beat the quaint seaside location. “Longport really is a jewel,” says Joseph A. DiLorenzo, broker and owner of DiLorenzo Realty Group in Margate. “We are close enough to the action of A.C. but also have the option to unwind and relax without the typical shore traffic seen in other towns along the coast.”
The who’s who of Philadelphia, New York and North Jersey have taken notice. Well-known residents — including professional athletes and industry titans — now call the secluded borough their summer home. “Longport is a special part of the Jersey Shore,” says Marc Brownstein, president and CEO of the Brownstein Group and a part-time Longport resident. “What sets it apart from the other beach towns are the quiet and uncluttered beaches and roads — and it has unrivaled sunset views.”
The interest in Longport real estate is only rising: “Values and demand are at an all-time high,” DiLorenzo states. Most single-family beach block lots in the area currently sell for about $1.7 million to $2.5 million. Several ongoing bayfront and beachfront projects exceed $1,500 per square foot, putting the properties in the eight-figure range. “I’ve been down here since the late ‘80s and the last two years are the best I’ve seen for real estate in terms of desirability,” DiLorenzo adds.
Case in point: This beautiful family home in Longport previously profiled in Philly Mag and currently on the market for $5.25 million. The spacious retreat, located just one house from the ocean, stands apart because of the expanse it sits on. The custom-designed home is situated on a remarkable two-and-one-half beach block lots. With nearly 14,000 square feet to work with, the property features a stunning outdoor entertainment area with a private in-ground pool and southern exposure — not to mention direct, unobstructed ocean and bay views.
DiLorenzo values the ground alone at $3.5 million. Given the ten bedrooms, ten full bathrooms, chef’s kitchen and parking for 13 cars, the listing price includes more than one may think.
“When you look at the land and then the construction, it is really a ‘value buy,’” DiLorenzo says. “What it offers is tremendous construction, location and all the amenities that you need to really have a great time at the Shore.”
DiLorenzo Realty Group has specialized in Shore real estate for more than 30 years. Learn more about this featured property by contacting broker and owner Joseph DiLorenzo for more information at (609) 226-9634.This is a paid partnership between DiLorenzo Realty Group and Philadelphia Magazine's City/Studio