Beach Proximity and the Distribution of Property Values in Shore Communities

Beach Proximity and the Distribution of Property Values in Shore Communities

Primary Country: United States
Ecosystem: beach
Sample Value Estimates:
  1. $1,215,000: mean sale price for home in Stone Harbor, NJ
  2. $1,067,000: mean sale price for home in Avalon, NJ
  3. 206.8%: increase in price for beachfront property compared to same property located more than 2 blocks from beach
Region: Americas / Atlantic
Data source: This source provided by Salman Hussain at the Scottish Agricultural College.

Publication information

Major, Christopher Lusht, Kenneth M. “Beach Proximity and the Distribution of Property Values in Shore Communities” The Appraisal Journal, 2004

Information provided when available, for more information please visit the original database or PDF.