Avalon and Stone Harbor’s 532 beach-block parcels, assessed at $1,520,886,600, were still awaiting nearly 1 million cubic yards of replenishment sand as a September storm slammed the coast.
The dredger Delaware stopped work Sunday after placing 539,951 cubic yards on Avalon’s northern beaches. Rough seas sent it to safe harbor in Great Egg Harbor.
The $15.8 million federal contract calls for about 1.48 million cubic yards across both towns. About 401,000 cubic yards remain to be placed in Avalon. Stone Harbor awaits all 539,000 cubic yards planned for its beaches.
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Behind the beach sits some of New Jersey’s most valuable stretches of residential real estate.
Avalon’s 416 beach-block parcels carry $1,129,976,400 in assessed land and improvements, according to an Ironside analysis of Cape May County property records. Stone Harbor’s 116 parcels add $390,910,200.
Crews completed Avalon’s northern beaches but had yet to finish the stretch south toward 25th Street when work stopped. Stone Harbor’s replenishment has not begun.
To the north, Sea Isle City enters the storm with its scheduled work complete. Crews finished placing about 479,000 cubic yards of sand between roughly 29th and 55th Streets in July.
Sea Isle’s 582 beach-block parcels carry $393,809,100 in assessments.
CONTINUE YOUR BRIEFING
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Active listings offer another measure of the property value at stake.
As of Wednesday, at least 15 homes marketed as beachfront or oceanfront across Sea Isle, Avalon and Stone Harbor carried a combined $109.5 million in asking prices.
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