One of Stone Harbor’s last beachfront cottages sells for $10 million, a 1,420% increase from its last sale

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One of Stone Harbor’s last beachfront cottages sells for $10 million, a 1,420% increase from its last sale
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The beachfront cottage in Stone Harbor last sold for $658,000 in 1993.

There’s not much room for “quaint” listings in the Jersey Shore real estate world these days.

The home, on 111th Street, overlooks the dunes that protect the town from the Atlantic Ocean, and Vizzard said a new owner would likely go higher for better views. The new owner, he said, has chosen to remain private, but Vizzard said the cottage was not purchased by a neighbor who wanted to protect their own view.

Stone Harbor and neighboring Avalon have some of the hottest real estate markets in New Jersey, with beach and bayfront homes regularly reaching eight figures. The slow disappearance of smaller homes, particularly on the beach, is part of the modern market, Vizzard said.

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