Beach Haven West Flood Hazard Areas

Flood Insurance in Beach Haven West

Beach Haven West Flood Hazard Areas
Beach Haven West Flood Hazard Areas

Beach Haven West Real Estate and Flood Insurance

Beach Haven West is a community waterfront homes located off the coast of southern New Jersey. The Beach Haven West is located on Barnegat Bay in such close proximity to the water, flood insurance is required for nearly every home with a mortgage. Understanding flood insurance is an important component of buying and selling a home in the Beach Haven West real estate market, as the cost of insurance for a non-raised home can be a substantial deterrent. To this end, it is important to understand Beach Haven West flood hazard areas.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.beachhavenwestrealestate.com | www.BuyLBI.com

Click here to search all homes for sale in Beach Haven West

Beach Haven West Flood Hazard Areas

There are some important points for any buyer in the Beach Haven West real estate market to be aware of as it pertains to Beach Haven West flood hazard areas. They are:

  • Beach Haven West is in a flood hazard area and considered to be at risk for both fluvial and tidal flooding
  • Development is regulated in flood hazard areas
  • Flood insurance is required for every home with a mortgage

There are two types of flooding that are recognized to take place in Beach Haven West. They are fluvial which occurs when rainfall or snowmelt exceeds the rate of absorption into the ground. When the ground can no longer absorb water, the water table rises and flooding can take place. Tidal flooding, which is more commonly associated with Beach Haven West, occurs when a title surge and dates communities usually as a result of a storm or a lunar cycle.

Flooding takes place when low-lying areas adjacent to waterfronts are inundated by water. This is obviously a concern in Beach Haven West is nearly every home is located on a Lagoon or on the bayfront. This requires establishment of base flood elevations to which homes are expected to comply thus helping to lower the cost of flood insurance.

As a result the Beach Haven West’s designation in a flood hazard area, flood insurance is required for any home with a mortgage. A lender will require flood insurance as they must ensure that their collateral, the house, is secure in the event of a disaster. The cost of flood insurance will vary depending on the elevation of a home and the ability of that home to withstand flooding. The best way to determine the cost of flood insurance is with an elevation certificate and a flood quote by a qualified insurance expert.

Buying a Home in Beach Haven West

The Beach Haven West real estate market is undergoing a transitional period. As a result of Hurricane Sandy, new construction is taking place on nearly every street. This will help to increase the long-term property values of the area as these homes offer more modern amenities and are better able to withstand future storms. Buyers who have an understanding of the current trends in Beach Haven West real estate market will be able to take advantage of the opportunities currently present themselves. For more information about the Beach Haven West real estate market or Beach Haven West flood hazard areas, contact the Beach Haven West Real Estate Group  and we will respond right away.

By : Nathan Colmer | The Van Dyk Group

Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com

www.beachhavenwestrealestate.com | www.BuyLBI.com

Click here to search all homes for sale in Beach Haven West

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