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February 2026 |
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Properties At A Glance
As we move further into Q1, weโre encouraged by the early signs that the market is beginning to reawaken. While January typically serves as a quiet reset after the holidays, February has already delivered an important milestone for our team, for the first time in quite some time, we have officially pre-sold one of properties before completion. ๐ Market Momentum Returns305 N. Mansfield Avenue, Margate City, NJ We are proud to share that this property is now under contract with a pre-sale at a strong price of $2,650,000, with a scheduled settlement date of June 26, 2026. This is a meaningful signal for our market. Pre-sales had slowed across the shore over the past couple of years due to interest rate pressure and buyer hesitation. Securing a buyer this far ahead of completion suggests renewed confidence from high-end buyers and reinforces our belief that well-located, well-designed product is once again being absorbed at healthy price points. We view this as an early indicator that the spring market is positioning itself for a stronger-than-expected run. ๐๏ธ Business Updates7504 Fremont Avenue, Margate City, NJ โ Building Permit APPROVED Weโre pleased to report that the building permit has officially been approved. 305 N. Mansfield Avenue, Margate City, NJ Now officially pre-sold at $2,650,000 Settlement scheduled for June 26, 2026 ๐ Looking AheadWhile the early part of the year always brings a seasonal slowdown, this period is critical for positioning projects, securing permits, and preparing inventory. The recent pre-sale gives us confidence that buyers are returning with intention and that momentum is building beneath the surface. We are tightening our laces and staying disciplined so that when the market fully heats up, we are already in motion. As always, we are deeply grateful for your continued trust and partnership. Vince Viney, Founder and PresidentFeatured project: 4236-38 Asbury Avenue - Unit 1
Features
DescriptionLocated blocks from the beach and boardwalk, 4236-38 Asbury Avenue is the perfect island escape! This first-floor condo is home to five bedrooms, three and half baths, and has plenty of living space. Travel up to the unit through the elevator access in the garage. Once inside, fall in love with the vast open living space, where you can enjoy a cozy fireplace, large kitchen island with additional seating, brand-new appliances, plenty of dining space. Towards the back of the condo is where you will find five spacious bedrooms and three and half bathrooms. Each room includes plenty of closet space. This condo is the perfect piece of the shore! Where Are Our Projects0
In the Pipeline
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Phase 1 - Foundation & Framing
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Phase 2 - Mechanicals & Insulation
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Phase 3 - Final Finishes
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On the Market
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Under Contract
Phase 1
Phase 2
Phase 3
Under Contract
On The Market
In The Pipeline
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