At the October 12 AHLOA members meeting, Marilyn O'Donoghue from the Soens Group / Compass Realty was our guest speaker. During the course of her 40-minute talk, Marilyn provided expert insight into many trends and issues affecting Avalon property owners including recent sales statistics, year-over-year comparisons, the potential impact of the NJDEP REAL proposal (see companion article in this newsletter), flood map and insurance items, comparisons to other Southern New Jersey shore towns, and other related topics primarily focused on Avalon and Stone Harbor. Marilyn also fielded numerous questions from those in attendance addressing both current facts and professional opinions. In addition to her insights, Marilyn also provided a comprehensive, professionally-prepared, 20-page booklet to the attendees containing year-over-year statistics on a wide range of important real estate data covering the 10-year period from 2014 through September 2024.
For those of you who could not attend our Columbus Day Weekend members meeting, AHLOA does have a limited supply of the AHLOA 2024 Seven Mile Island Market Update booklets available on a first-come, first-served basis. If you email a request for the hard-copy booklet to AHLOAExec@GMail.com, we can drop a copy off at your Avalon property address specified in your email. If you simply want to review the booklet in on-line format, please click this link to download a PDF copy.
If you wish to get Avalon flood map classifications and elevation requirements, click on this link to view the FEMA Flood Map for your property. You can also download a PDF copy of the pertinent, zoomed-in map for your specific property address.
Many thanks to Marilyn for the preparation and presentation time, the 10-year analysis, and for her candid expert insights and opinions. If you have follow-up questions, Marilyn’s contact information is included on the last page of the booklet.
