TWO WEEKS' RENT, TAX FREE: Did you know you can rent your shore home
for up to 14 days, tax free? As long as your house is rented 14 or fewer
days, the rental income does not even have to be reported on your tax
return. Take advantage of one of the best tax breaks around: rent your house
for two weeks and use the income to pay expenses, or to take a trip
elsewhere. Interested? Please call me!
SEA ISLE'S JITNEY SERVICE has been popular
since it began recently, prompting discussions among officials about
bringing the jitney service to Avalon and Stone Harbor. While many are in
favor of the idea, much needs to be worked out, including routes,
regulations, and licensing.
An Avalon lifeguard boat rests next to the bay
beneath a blue sky and puffy white clouds.
BAYFRONT DINING! Looking for a treat?
Treat your family to breakfast or dinner on the bay at The Marina at Avalon
Anchorage! Now under the ownership of my colleague, Travis Marshall, The
Marina at Avalon Anchorage is a delightful spot with beautiful water
views--and fantastic food! Catch breakfast on the bay from 7am to 1pm on
weekends (7am to 12 noon weekdays), plus dinner and raw bar from 4pm to 9pm.
You'll be glad you did!
CAP ON USER FEES: proposed legislation in New
Jersey would limit increases in user fees to 2 percent annually. That's a
major concern for shore towns that use revenue from parking meters, beach
tag sales, and other fees to help offset the cost of providing services to
summer visitors. Property tax increases are already capped at 2 percent
annually, and opponents of the newly proposed cap say it would leave shore
towns unable to fund the services their residents and visitors expect.
THE B.L ENGLAND POWER PLANT in nearby
Beesley's Point will be converted from a coal- and oil-burning plant to
natural gas, as announced by Governor Chris Christie's administration. The
plant is one of the oldest in New Jersey, and converting it to natural gas
will lower nitrogen oxide emissions by 98 percent, and sulfur dioxide
emissions by 99.9 percent, reducing acid rain and haze.
MORTGAGE RATES are about 3.75% for 30-year
loans to $417,000, and about 4% for loans over $417,000. Buyers, think
about it...you could purchase a property now, at a reduced price, and lock
in unbelievably low financing for the next three decades! So often the
purchase price is the buyer's primary concern--but a low interest rate has
more of an impact on your carrying costs than the purchase price.
Interested? Call me to discuss your goals, and I'll put you in touch with a
reliable lender who can tell you exactly what you can afford to purchase.
Sales are picking up, and your dream of a shore house may be closer than you
think!
GOOD BYE, COOL AND DRY, hello summer! The official arrival of summer
on Wednesday ushered in the first heat wave of the season. Temperatures are
expected to be in the middle to upper 90s, through Thursday, and in the
upper 80s over the weekend. The hot, humid weather comes as a complete
change to the cool, dry weather we'd been enjoying for several days.
Fortunately, afternoon relief is expected in the form of a seabreeze.
IT'S TURTLE SEASON, and diamondback terrapins
can be found crossing local roads as they look for locations to lay eggs.
The terrapin shown below chose a spot between driveway pavers and
landscaping to lay her eggs. The terrapin returned to the bay a few moments
later, after burying her eggs.
A diamondback terrapin chose this spot to lay her
eggs before returning to the bay.
LIBRARY RECOMMENDATION: Stone Harbor's special
library committee issued a recommendation on where the borough's new library
ought to be built. They recommended placing the new library on Second Avenue
at 93rd Street. However, the committee was not unanimous, with one member
preferring the beachfront location at 95th Street. Borough Council will vote
to decide the library location at the regular council meeting July 3rd.
GET 'EM READY! Rental property owners, give
your property one last thorough check before your tenants check in. Is the
cable TV on? Are the carpets clean? Is the air conditioner working? Be sure
to deliver a quality product to your tenants! For recommendations on
contractors or other service providers, please email or call me. They're all
busy, though, so don't wait!
SOLD OUT? Not quite, but we're getting close
for peak rental weeks in late July and early August. Availability is better
for other weeks, but don't delay--call or email me to get started!
AVALON'S MOBILE PET SHELTER was unveiled last
week by Mayor Martin Pagliughi. A used 53-foot trailer was purchased by the
borough and retrofitted with 70 pet cages, a wash basin, and a veterinary
station. The mobile pet shelter is among the first anywhere, and can be used
during evacuations, power outages or other emergencies. Residents have often
refused to leave their pets behind during an emergency or evacuation; now
they won't have to. The mobile pet shelter could also be offered to other
areas of the state in the event of an emergency.
AND THE PASSWORD IS? If your rental property
has a wireless network for internet access, please be sure to post your
network password in your house so tenants can access the internet easily. If
you provide it to me, I'll keep it on file here at the office, too. Also, if
your router and modem aren't readily visible (some are in closets or behind
televisions), make their locations known in case they need to be reset after
a power failure.
SUMMER TIME 'TO DO' LIST: we've all got fun
things planned for the summer months. Here's one more fun activity to
consider: take a ride on the Cape May-Lewes Ferry as a foot passenger. The
delightful ride across the Delaware Bay is just over an hour, and you're
likely to see dolphins, sailboats, ships, and more. On the other side of the
bay, take the five minute shuttle ride to the town of Lewes, where you can
shop and have lunch. On the return ferry ride, kick back and relax as you
watch the sun disappear over the Bay!
GRAHAM NASH, of the band Crosby, Stills &
Nash, will have artwork on display at Ocean Galleries in Stone Harbor June
28th through July 8th. Nash's never-before-seen artwork will be for
sale, and Nash will be on hand Sunday, July 1 from 7:00pm to 10:00pm, to
sign purchased artwork.
CASHLESS TOLLS? The New Jersey Turnpike
Authority is considering eliminating cash toll collection along the Garden
State Parkway. Such a move would necessitate the use of EZPass for all
motorists using the Parkway. Plenty of drivers, including many from out of
state, don't have EZPass, so the idea needs further study, but a switch
could come as early as next summer, when the Authority's current contract
with toll collectors expires.
KENNY CHESNEY IN WILDWOOD: another famous
singer will be in the area, but this one will stick to what made him famous:
singing. Country star Kenny Chesney will be performing a beach concert in
Wildwood on June 20. The concert will be free, however tickets are required
for entry.
BUYER ACTIVITY REMAINS STRONG! Through the first five months of the year,
168 new purchase contracts were written in the local market, up 37% from the
122 contracts written during the same time last year. The first five months
of 2012 were the strongest start of the year since 2005! Thinking about
buying? Time to jump in!
A POLL on potential library locations was conducted by the Stone Harbor
Realty Owners Association. 328 members responded to the poll. 57% voted for
the library to be located at 9301 Second Avenue, 39% voted for 95th Street
and the beach, and 4% voted for 120 97th Street (Seng Place). The Realty
Owners Association shared the poll results with borough council.
GOTTA SEE IT! Aviation fans won't want to miss the F-16 Fighting Falcon that
has been donated to the Naval Air Station Wildwood Museum. The jet is a
two-seat training model that was used at Sheppard Air Force Base, and was
recently deemed surplus and given to NASW. The jet arrived on a flatbed with
its wings removed, but will be reassembled, then restored and put on public
display. NASW is a great place to visit for kids young and old!
THE NUMBER THREE ZOO in the country is right here in Cape May County! Trip
Advisor has ranked the Cape May County Zoo #3, behind only the Henry Doorly
Zoo in Nebraska and the St. Louis Zoo. With more than 250 species and over
500 animals, plus an adjoining park area, the Cape May County Zoo is another
hidden treasure just a few minutes away.
TURTLES: GIVE 'EM A BRAKE! It's turtle season, and nesting turtles are
often seen crossing local roads and highways, seeking higher ground. Turtle
fences have been reinstalled along Avalon Boulevard (after recent
construction), but crossings are still occurring along non-fenced roads.
Keep an eye out for the turtles and give 'em a brake!
POST-MEMORIAL DAY, PRE-FOURTH OF JULY is a delightful time here on the
Island! Just this week we've been treated to blue skies, puffy white clouds,
70 degree temperatures, and gentle breezes. Crowds are light, as schools are
still in session, yet everything's open for enjoyment. Take advantage of the
next few weeks and enjoy the very best of the shore!