Beach Haven West Waterfront Development and CAFRA
Beach Haven West New Jersey Real Estate
Understanding CAFRA waterfront development in Beach Haven West is an essential step to buying, selling, or investing in any Beach Haven West real estate market. In order to understand why, buyers have to go over what CAFRA is and why it matters. CAFRA is a government body that oversees development in the waterfront areas throughout New Jersey. Specifically, CAFRA deals with:
- Development on the bay front and lagoon front areas
- Development on oceanfront areas
- Development on marshland
Beach Haven West NJ Real Estate
CAFRA has substantial impact on the pricing of oceanfront homes in the LBI real estate market as it can be very restrictive as to what can and what cannot be built. Likewise, CAFRA has, in some cases, similar impact on home prices on the Beach Haven West real estate market when determining what can and what cannot be built in waterfront areas. Essentially, when developing a new home on some waterfront areas, a CAFRA permit must be filed in conjunction with the building permit from the town to determine the size of the home that can be built in Beach Haven West. If the CAFRA permit granted is small, this can have a negative impact on the value of real estate in the Beach Haven West real estate market. For more information about CAFRA water development in Beach Haven West or the Beach Haven West real estate market in general, please do not hesitate to contact me.
By : Nathan Colmer | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
www.beachhavenwestrealestate.com | www.BuyLBI.com
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