Wednesday, January 30, 2013

Regulations to Allow Residents and Businesses to Rebuild Faster, Stronger and Safer from Hurricane Sandy

For more information about FEMA rules and flood insurance issues contact The Landis Co., Realtors. at info@LandisCo.com or (609) 263-3400.   www.LandisCo.com 
FOR IMMEDIATE RELEASEJanuary 24, 2013Contact: Larry Ragonese (609) 292-2994

Governor Christie Outlines Regulations to Allow Residents and Businesses to Rebuild Faster, Stronger and Safer from Hurricane Sandy
Standards Will Ensure Lower Premiums In The Long Term, Protecting Residents From Out Of Control Costs
(13/P6) TRENTON – Taking action to give New Jersey families, businesses and local governments the best available guidance to quickly and more durably rebuild from Hurricane Sandy, Governor Chris Christie today signed emergency regulations to adopt the Federal Emergency Management Agency's (FEMA) updated Advisory Base Flood Elevation (ABFEs) maps as the rebuilding standard for the entire state. These regulations establish requirements and more efficient procedures for residents and businesses to construct, reconstruct, relocate and elevate buildings and other structures in flood hazard areas.
Using the best available science and data as reflected in these advisory maps will give families, businesses, and communities the best assessment of their risk – allowing them to better mitigate damage from future flood events, avoid higher flood insurance costs, and begin the rebuilding process immediately. Because of federal reforms to the National Flood Insurance Program to move towards increased flood insurance rates that reflect actual risk, families who rebuild their properties in a manner that does not conform to updated base flood elevations will see significant premium increases.
By acting today to use the latest available information and data from FEMA to set rebuilding standards for New Jersey, Governor Christie is helping homeowners and small businesses rebuild properties that are less at-risk, while also helping them avoid potentially massive, out-of-control flood insurance costs over the long-run.
While each property and rebuilding situation is unique, an example provided by FEMA illustrates the dramatic impact new standards can have on flood insurance rates, in addition to the issues of increasing the risk to the safety of the property and its inhabitants. If a property owner is currently in an "A zone" at 4 feet below the BFE elevation and are reclassified as a higher threat "V zone" and take no action, that property will be rated at a higher risk and be subject to an approximate annual premium (phased in) of up to $31,000. In addition to the threat posed by being 4 feet below the BFE in elevation, the property owner will be non-compliant with V zone construction standards.
In contrast, if the owner were to rebuild to the suggested BFE and appropriate construction standards, the annual premium (phased in) would be approximately $7,000. If the resident rebuilds 2 feet above the BFE with the construction standards for their new zone, the annual premium would be approximately $3,500. A savings of up to $27,500 annually.
"It is absolutely critical that we take this opportunity to rebuild New Jersey smarter and stronger in the aftermath of Sandy. That's why today I am approving emergency regulations being proposed by the Department of Environmental Protection (DEP) to help fast-track the rebuilding process," said Governor Christie. "By doing so, we're helping residents and businesses who have endured so much, to get back on their feet while at the same time ensuring that rebuilding occurs as quickly as possible, without costly red tape slowing this process down for our families and small businesses. As New Jersey recovers from Sandy, utilizing the best available data provided in these FEMA maps will give our communities the ability to rebuild with the least possible risk from future storms moving forward."
With over 8.4 million residents in its 8,721 square mile area and approximately 3.8 million residents in flood hazard areas, without swift and immediate action, the state is presented with a risk of continued severe impacts during the next flood event.
The DEP is adopting an emergency rule with common-sense provisions for rebuilding stronger structures, more quickly:
  1. Adopts the height and construction requirements in FEMA's Advisory Base Flood Elevation (ABFE) maps as a state standard for reconstruction. The ABFEs reflect the best available, most current scientific data about 100-year floods.
  2. Allows property owners who rebuild to the ABFEs (plus one additional foot, as has been required by the New Jersey Flood Hazard Area Control Act since 2007) to do so via Permit By Rule (PBR). This eliminates the need for thousands of property owners to apply for DEP's Flood Hazard Area permits, saving them at least $500 in permit fees plus the design and engineering costs associated with an application, and allowing them to begin reconstruction without waiting for department review as part of the rebuilding process.
  3. Allows "wet floodproofing" for non-residential buildings. Wet floodproofing means that a building may flood but will structurally withstand the water, and enables reconstruction in urban areas in a safe and less costly manner than requiring elevations or dry floodproofing. This is especially important in highly developed areas like Hoboken or Jersey City. Without this change, residents and small businesses would have to comply with the existing rules, which could significantly drive up costs and make some redevelopment impossible.
  4. Eliminates requirements that now allow certain building foundations to have only three walls –a potentially unsafe construction method.
By adopting the ABFEs as the state standard immediately, the state will ensure that coastal communities are reconstructed using the best elevation guidance that is available, preventing the level of damage experienced in Sandy. The emergency rules also bolster DEP construction requirements to make structures more storm-resilient, to prevent the level of destruction caused by Sandy.
"Unfortunately many of the structures that were hardest hit by Sandy were built decades ago, prior to the establishment of much more protective state and federal building elevation requirements," said DEP Commissioner Bob Martin. "If homes had been built to these standards prior to Sandy, it is fair to say that property damage would have been significantly less. It is critical that we have the statewide elevation standard and a permit by rule process in place before large numbers of permit applications for rebuilding start coming in and reconstruction of our state begins in full force."
In many cases, FEMA flood maps for coastal areas of New Jersey were more than two decades old and did not reflect real hazards. FEMA was in the process of updating the flood insurance maps, upon which the ABFEs are based, when Sandy struck. The agency released the ABFEs December 15, 2012 for some 200 communities affected by tidal waters.
The maps use modern technology, modeling and updated topographical maps to better define storm risks. They are designed to help state and local governments employ mitigation actions that ensure structures are rebuilt stronger, safer, and less vulnerable to future flooding events.
Adoption of the emergency Flood Hazard Area Act rule using the ABFEs as the base elevation standard
will ensure that every development in every municipality will apply the appropriate elevation standards across the board.
Otherwise municipalities might adopt a patchwork of local standards that might be implemented while FEMA works to finalize the flood maps based on the new ABFEs. This process could take many months and cause significant delays as New Jersey recovers from its worst-ever natural disaster.
The rule will become effective immediately upon filing with the Office of Administrative Law.
Copies of the emergency rules and the DEP statement of imminent peril are attached to the release.
For more on ABFEs, visit: http://www.region2coastal.com/sandy/abfe

Sea Isle City Polar Bear Plunge 2011 ~ VIDEO



Brought to you by The Landis Co., Realtors, Sea Isle City, NJ

www.LandisCo.com  ~ Sea Isle City #1 Vacation Rental Headquarters

(609) 263-3400  ~  info@LandisCo.com 

Monday, January 28, 2013

Sea Isle City Weekend Rental Information



Sea Isle City Weekend Rentals 
The Landis Co., Realtors



You can do a Rental Search for weekend rentals or Contact the office for assistance. There is a two (2) night minimum and a minimum rent amount of $250.00+ per night plus damage deposit plus booking fee.

Call us at (609) 263-3400, or email us at info@LandisCo.com.


Properties vary so please specify:
- The dates you want to rent along with check in time and check out time
- Number of bedrooms you need
- Location (beach front, beach block, middle of island, bay front...)
- Also indicate the number of adults and children the rental is for
- And anything else pertinent to the rental

Friday, January 25, 2013

Realtors Lawrence Yun Talks Housing, Jobs, Elections

Great real estate information brought to you by The Landis Co., Realtors. For more information about Sea Isle City or Cape May County real estate contact us at info@LandisCo.com or (609) 263-3400. www.LandisCo.com

Thursday, January 24, 2013

Find a Sea Isle City vacation rental here.



Are you ready? Find a Sea Isle City vacation rental here. 



Sea Isle City ~ Rebuilding the Jersey Shore


Smart thinking and smart growth could equal sustainability for the Jersey Shore


Is it possible to rebuild the Jersey Shore so that it is more resilient to extreme storms like Hurricane Sandy? 
That issue could qualify as Topic No. 1 for many local and state officials as they struggle to decide where and what to do about rebuilding a coast devastated by what most call the worst storm to hit New Jersey.
It was also Topic No. 1 when Tom Johnson, NJ Spotlight's cofounder and energy and environment writer, sat down and talked with WHYY/NewsWorks about the plans and policies that are being considered -- particularly a comprehensive dune system that will reshape the Shore and remake its communities.
For more information about FEMA, flood insurance, and other Sea Isle City building issues contact 
The Landis Co., Realtors, (609) 263-3400 or info@LandisCo.com . wwww.LandisCo.com


Sea Isle City Townhouse Sold Transactions 2012

Sea Isle City Market Report
Statistics for: Sea Isle City Townhouses Date Range 01/01/2012-12/31/2012
Class Bedrooms Total Listed Num Sold Pct Sold Avg List Price Avg Sale Price Sale/List Price Avg DOM Sold Avg List Price Unsold Pct Expired
All All 251 168 66.93% $731,896 $697,503 95.30% 223 $768,032 43.03%
CT 3 Bedroom 12 8 66.67% $515,612 $489,375 94.91% 285 $461,870 75.00%
CT 4 Bedroom 140 100 71.43% $716,649 $682,499 95.23% 226 $758,757 42.14%
CT 5 Bedroom 83 51 61.45% $775,210 $738,650 95.28% 210 $842,488 42.17%
CT 6 Bedroom 15 9 60.00% $848,111 $816,055 96.22% 210 $903,833 20.00%



 

Monday, January 21, 2013

Sea Isle City POLAR BEAR WEEKEND 2013 ~ Party at The OD !


POLAR BEAR WEEKEND 2013

Date: 02.16.13
Kick off the weekend Friday Night with LOST IN PARIS!


Saturday doors open @ noon. SECRET SERVICE takes the stage after the plunge.
Saturday night STELLAR MOJO keeps the party going.   




Sunday, January 20, 2013

Sea Isle City Sunrise at It's Best ! Perfect !


One of the best things about living and visiting Sea Isle City is be close to nature. I'm no expert on nature but I know how it makes me feel. There is something about the water, sky, sun that is magical. It never seems to be the same colors or cloud formations, but I always have this feeling of freedom and grace from knowing we are all looking at the same thing from where ever we are.

Living for most of my life near the ocean has been amazing in the sense that I never get tired of it even in the shortest days of the winter. If you want to find out more about the Jersey Shore lifestyle check us out online at www.LandisCo.com and I'm sure you will find an agent at The Landis Co., Realtors that can help you discover what you would want and need in a vacation home. If it's for one week or a lifetime, I'm sure you will find a home either in Sea Isle City or the surrounding area. IML

Saturday, January 19, 2013

Sea Isle City Vacation Rental Market 2013 Update



Here we are in January 20, 2013 and The Landis Co. is gearing up and retooling for a very exciting new year in Sea Isle City. So why do we say that? First of all the city is making great strides in infastructure with construction all around town. One of the major projects is the JFK Boulavard area improvement project. More about this will be focused in a future blog post or read some of the previous posts.

Two things have us feeling good about this years rental season. These are a supply and demand issue.

One is that we are finding many of our tenants are either booking the same property in advance or hurrying to pick a different one before the big rush that comes in February.

The second is the stablizing in the real estate market in  Sea Isle City. Last year we saw a 50% increase in sale with a total of 228 units sold. Many of these properties are now off the rental market which has lowered the total number of rental properties. We will be monitoring the rental permits and get that information out later in the year. With even half of the properties no longer on the market that is a lose of 1140 weeks of inventory. Additionally many agents are also hearing that many owners seem to be blocking out more owner weeks for some reason as well making this year more problematic for tenants that like to wait until the summer for picking a rental property.

This is not the year to play games if you want to be in Sea Isle City this summer. We look forward to helping you secure your vacation rental. Find us on the internet at www.Landisco.com or call one of our professional agents to send you properties and get you ready for the summer.

Jim Sofroney
The Landis Co., Realtors
6000 Landis Avenue
Sea Isle City, NJ 08243
(609) 263-3400
info@LandisCo.com
http://www.landisco.com/2013/2013-rentals.php








Sunday, January 13, 2013

Sea Isle City Family of Real Estate, The Sofroney Family



The Landis Co. History



The Sofroney Family History - Five Generations of Sea Isle City Real Estate Professionals 

Maurice M. Sofroney was born in Philadelphia in 1893, one of 8 children of Eastern European immigrants. Maurice was educated in public schools and in his early years worked with the Reading Railroad as a telegrapher until 1913 when he relocated in Sea Isle City working as a food distributer and proprietor of the Central House Hotel at Garrison Avenue (39th St) and Landis Avenue. For the next five years he dabbled in Real Estate until he purchased the Louis Steinmeyer Real Estate & Insurance business located at West Jersey Avenue and Landis Avenue, renaming it M.M.Sofroney Real Estate & Insurance and increased the prestige of this business until it became one of the most well known of its type in the area. 

In 1913 Maurice married Charlotte M. Ledig, born in Philadelphia in 1895 and whose parents, Frederick D. Ledig and Cora (Roberts) Ledig owned and operated the Central House Hotel during the summer seasons beginning in the early 1890s until their passing and the transfer of the property to their daughter and her husband. Maurice and Charlotte had three children, Fred D. born in 1915; Charles W. born in 1916 and Maurice M. Jr. born in 1918. During these years, Maurice began his political career having been appointed City Tax Collector and Treasurer and serving as City Commissioner and thereafter Mayor for two terms in office. 

In the mid 1920s, Maurice moved from the area and the Sofroney Real Estate business was assumed by his wife, Charlotte who relocated the business to its present location at 4201 Landis Avenue. Charlotte continued the business thru the late 1950s during which time she worked as Real Estate Broker, Insurance Broker-Agent and well as acting as director of the NJ Motor Vehicle Agency for Cape May County which was located in her real estate office at 4201 Landis Avenue. Charlotte semi-retired from business in the late 1950s and the Sofroney Real Estate business was assumed by her oldest son, Fred D. Sofroney. 

Fred was an active FHA Real Estate Appraiser as well as a real estate broker and insurance broker-agent for several large property and casualty insurance companies. Fred was active in the family business until his sudden passing in 1968 when Charlotte was called upon to reassume her duties as real estate broker and insurance agent. Fred's nephew James was working with Fred at this time and shortly thereafter the business was assumed by Fred's brother Maurice Jr. and Maurice's son James. Maurice and his mother Charlotte fully retired shortly thereafter, with Charlotte completing nearly a half-century of business and community service. The Sofroney Real Estate and Insurance business was fully assumed by Maurice's son James, a real estate broker, insurance broker, and real estate appraiser. 

In 1987 James sold the Sofroney Real Estate Agency, electing to stay in the area and open Metro Appraisal Services, a regional appraisal company which he ran until 2008 when this company was turned over to his son, James Jr. Beginning in 1994 through the present, James built, opened and currently operates The Landis Co. Real Estate at 60th Street and Landis Avenue, the largest real estate rental office in the area. Presently, James Jr. has joined his father in the operation of Landis Co., and has located his company, Metro Appraisal Services in the 2nd floor of the 60th Street office. 

The Sofroney family has had 4 generations of real estate professionals operating in this area for nearly 100 years and a 5th generation is not far behind. With eight grandchildren now in school and showing business aspirations, it will be interesting to see which of this next generation will assume the helm of the oldest family business in the area. 

For more information about Sea Isle City real estate contact The Landis Co., Realtors. www.LandisCo.com , (609) 263-3400 or info@LandisCo.com .

Sea Isle City Bayfront Condo for sale - 383 43rd Place

383 43rd Place, #15, Sea Isle City, NJ # 143559

  


Property Description: Top floor 3 Bedroom 2 bath bayfront condo in well kept building. Great layout with sunken living room and good sized outdoor patio. New kitchen and appliances. This place could have been a builders model. Must see even if you dont need a boat slip. Includes storage room, boat slip and parking for 2 cars.
Asking Price $419,000
Taxes $2750
Bedrooms: 3 
Full Baths: 2 
Contact Ian Lazarus, The Landis Co., Realtors (609) 263-3400 or ian@mygo2realtor.com



Sea Isle City Townhouse Summer Rental 2013

The Landis Company, Realtors www.LandisCo.com 
6709 Central Avenue, Sea Isle City, NJ



info@LandisCo.com   - (609) 263-3400

This townhouse sleeps 10 with 5 bedrooms and 3 baths.  

   Rate:     Damage Deposit: Accidental Damage Waiver

   Period: Multiple weeks available

   Bedrooms: 5     Baths: 3     Sleeps: 10

   Key Number: 218

Comments:
This Sea Isle City rental property has five bedrooms, 3 full baths and located on Central Avenue within walking distance to the promenade. This property has 4 tv s, high speed internet, garage use, 3 off street parking spaces, and deck furniture. Your family will enjoy the endless sunset views from your decks.


Located in the central areas of Sea Isle City, this property is still within walking distance to many of the down town attractions, yet far enough away from the traffic and congestion. A small shopping center is located at 62nd Street and you will find restaurants and small stores within the area. If you don't feel like walking, our inexpensive Jitney service is available to all areas of the island.

PROPERTY AMENITIES

Washer
X
Non Smoking-No Guar.
X
Sofa Bed

Dryer
X
Garage - Tenant Use
X
Elevator

Dishwasher
X
Groups (OLDER=O)

Pet Friendly
N
Ceiling Fan

Deck # of
1
DVD - not warranted
2
A/C: X=Central W=# of
C
Outside Furniture
X
Boat Slip

Internet Service
W
King Beds

Microwave
X


Queen Beds
4
Heat [G],[E],[O]

VCR - not warranted
2
Double Beds

Outside Shower
X
Cable TV - not warranted
3
Single Beds
2
Telephone - No Guarantee

Parking # Cars
3
Bunk Beds

Grill: C,G,E - not warr
G

Sea Isle City is conveniently located midway between the "Glitz" of Atlantic City and its Casinos to the north and the Nationally recognized Historic town of Cape May. A visit to either city is an approximate 30-45 minute drive.

The southern New Jersey Shore has much to offer our visitors including the boardwalks and amusements of Wildwood and Ocean City. Shopping via a short Cape May Lewes Ferry ride or the famous "Walk" in Atlantic City and Boardwalk and Pier shopping. Historic Cold Spring Village is located just outside of Cape May. The Nationally Acclaimed Cape May County Zoo and Park is a 15 minute ride from Sea Isle City. Just south of Sea Isle City is Avalon and Stone Harbor with its 96th Street Shopping district offering many unique gift and clothing shops.

In Sea Isle City we offer wide and safe bathing beaches, great fishing & crabbing and some of the finest seafood restaurants in the area. Sea Isle offers several waterfront dining restaurants including the Lobster Loft, Mike's Seafood, Carmen's, Marie's Seafood and Pier 88 Family Restaurant. All of these offer a serene setting directly on the water. A walk on our Promenade or a trip downtown for shopping can be accommodated by our new Jitney service which provides an inexpensive family trip to and from most locations in town. Our new Bayfront Boardwalk adjoins Gillian's Amusement Park and is just down the street from our new Excursion Park and Bandshell. Lots of free entertainment nightly including two movie nights for the entire family. For our youth we have the updated Dealy Field with Basketball, tennis, Baseball Fields, Hockey Courts, and a state of the art Playground. There really is something for everyone in Sea Isle City and our season is active from April until November.

2013 WEEKLY RENTALS

WEEK - 2013
SATURDAY DATE BEGIN
RENTAL AMOUNT
20
5/18/2013
-
21
5/25/2013
1,600.00
22
6/1/2013
1,600.00
23
6/8/2013
2,000.00
24
6/15/2013
2,220.00
25
6/22/2013
2,200.00
26
6/29/2013
-
27
7/6/2013
-
28
7/13/2013
-
29
7/20/2013
-
30
7/27/2013
2,400.00
31
8/3/2013
-
32
8/10/2013
-
33
8/17/2013
2,200.00
34
8/24/2013
1,900.00
35
8/31/2013
1,900.00
36
9/7/2013
-
37
9/14/2013