Benefits of Owning a Jersey Shore Condo

Lower costs, less maintenance, a lower down payment and added amenities are just a few of the benefits of owning a Jersey Shore condo instead of a home.You love the Jersey Shore.  You and your family have spent many summers here.  Now is a great time to buy.  Worried about the cost and upkeep of a single-family home?  Have you considered condos?  There are several benefits of owning a Jersey Shore condo instead of single-family home.

Benefits of Owning a Jersey Shore Condo

Search homes for sale at the Jersey ShoreThe cost and maintenance of a home might scare off some First Time Buyers. But they’re tired of renting.  For the older generation, retirement looms on the horizon.  They’re empty nesters looking to downsize.  Others need a weekend getaway or want to spend the summer at the beach.  A Jersey Shore condo fits nicely into all scenarios.

Lower Down Payment Required

One of the biggest obstacles Buyers face when buying a home is the down payment.  For First Time Buyers, it feels especially daunting.  They don’t have any profit from a previous sale to utilize.  With a Jersey Shore condo, you most likely need less money down to get a loan.  That’s because the cost of a Jersey Shore condo tends to be much less than a single-family home.  For Buyers looking to downsize, you might not have to put all your profit from your previous sale down on the new property.  That leaves extra to spend on renovations, retirement, travel or anything else you desire.

Less Maintenance

Jersey Shore condos occupy a much smaller footprint.  A smaller home means less maintenance.  No more mowing lawns, repairing roofs or fixing cracks in the driveway.  HOA fees typically cover groundskeeping and building maintenance.  Also, many condo buildings offer fantastic amenities such as pools, gyms, tennis courts and recreational activities.  This is all included in your HOA fees.  This is really great if this Jersey Shore condo is your weekend or summer getaway.  You don’t have to worry about the upkeep while you are gone.  It’s ready for you when you get back.

Lower Costs

No one enjoys paying utility bills.  However, with a Jersey Shore condo, they cost less than a large single-family home.  Why?  The smaller footprint.  The savings you receive here could help fill the coffers for a bigger Jersey Shore home down the line.  That’s helpful for new property owners.

When you’re ready to start looking at Jersey Shore condos, please feel free to contact me.  Not sure where to look?  There are some great summer rentals available right now.  This can help you decide on a permanent location without the commitment of a purchase.  Besides, a summer rental gives you plenty of time to look around without feeling rushed.  I’d love to hear from you.  Call me now!

FEATURED JERSEY SHORE HOME OF THE WEEK

3851 Boardwalk, Atlantic City, NJ - click here for more information on this ocean view condo for sale in Atlantic City.

For more information on this and other homes for sale on the Jersey Shore, please visit my Featured Listings page.

Sherri Lilienfeld, Helping You Live Your Jersey Shore Dream

Even More Atlantic City Summer Concerts Planned in 2017

Thousands of “Parrotheads” swarmed Atlantic City beaches last year just to listen to Jimmy Buffet and his band play.  This encouraged City officials to open up the calendar for several other acts this year.   Even more Atlantic City summer concerts are planned for 2017 at the beach and at Bader Field.

With two new concert promoters requesting licenses for six different dates, even more Atlantic City summer concerts are planned for 2017.

Atlantic City Summer Concerts 2017

Search homes for sale at the Jersey ShoreIn their current deal, Live Nation hosts concerts with big name acts throughout the summer.  This year marks the second year of their three-year contract.  However, they might not be the only fish in the pond this year.  More Atlantic City summer concerts could be making their way to the Arkansas Ave beach as well as Bader Field.  That’s because two new promoters petitioned for City licenses to host concerts of their own.

Songbird Entertainment wishes to utilize Bader Field for three separate concerts (in May, June and August) and a three-day festival in July.  They would also like to use the Arkansas Ave beach location for at least one concert in August.  A second promoter, Extraordinary Entertainment, put their request in for beach concerts in mid-August as well.  The actual performers for the Atlantic City Summer Concerts 2017 have not officially been announced.

As you are probably aware, Bader Field was part of the Atlantic City Municipal Airport until it closed back in 2006.  It went up for sale to MUA late last year.  Allowing more Atlantic City summer concerts to come to Bader Field will help attract more tourists to the area.  In turn, this will help bring more money to our region.

Jersey Boyz Productions puts on the Garden State Country Music and Food Truck Festival later this year (September 30th and October 1st) at Bader Field.  Tickets for that go on sale next Saturday, April 22nd.  The musical line-up should be announced on April 20th.

FEATURED JERSEY SHORE HOME OF THE WEEK

9720 Winchester Ave Unit A, Margate, NJ - Click here to find out more about this summer condo rental in Margate

For more information on this and other homes for sale on the Jersey Shore, please visit my Featured Listings page.

Sherri Lilienfeld, Helping You Live Your Jersey Shore Dream

Hard Rock Atlantic City Reveals Plans for Old Taj Mahal Casino

It’s official.  As of Friday, March 31st, Hard Rock Atlantic City owns the Taj Mahal Casino.  Just this last Wednesday, the Hard Rock Atlantic City revealed their plans for the old property.  And what they have in mind doesn’t come cheap.

After taking over ownership on March 31, 2017, the Hard Rock Atlantic City recently revealed their multi-million dollar plans for the old Trump Taj Mahal.

Hard Rock Atlantic City Reveals Plans for Old Taj Mahal Casino

Search homes for sale at the Jersey ShoreApparently, the motto of the Hard Rock Atlantic City is “go big or go home”.  Even after the Taj Mahal Casino closed last October, the Hard Rock Atlantic City continued to operate its restaurant inside.  The purchase price is being kept under wraps.  In a press conference held on the 27th anniversary of the Trump Taj Mahal’s grand opening, officials from Hard Rock Atlantic City revealed their $400 million plans to turn the Taj Mahal into the Hard Rock Hotel and Casino Atlantic City.

The Hard Rock Hotel and Casino Atlantic City is tentatively scheduled to open in the summer of 2018.  When they do, they plan on including two different arenas that will seat up to 7000 people total.  For fans of the “one armed bandit”, 2400 new slot machines will also be installed on the premises.  And, of course, the casino will feature memorabilia from New Jersey favorites like Bruce Springsteen and the E-Street Band.

In just the last week, the Hard Rock Hotel and Casino Atlantic City hired 23 new employees as part of their renovation process.  They expect to employ as many as 1000 construction workers and 3000 permanent employees once all is said and done.  Just last year, the other seven Atlantic City casinos posted revenues of over $2.4 billion, according to the Washington Post.  So, the Hard Rock Atlantic City believes it will only enhance, not hurt, the gaming industry here.

FEATURED JERSEY SHORE HOME OF THE WEEK

107 S Victoria Ave E6, Ventnor, NJ - Click here to find out more about this Ventnor condo for sale

For more information on this and other homes for sale on the Jersey Shore, please visit my Featured Listings page.

Sherri Lilienfeld, Helping You Live Your Jersey Shore Dream