The BOOK
LONG BEACH ISLAND’S PREMIER REAL ESTATE MAGAZINE
Coastal Living, Perfected
Celebrating 100 Years!
Times have changed...the knowledge, integrity & professionalism have not.
David J Cowles, Broker/REALTOR
Michael Cowles REALTOR
Office: (609) 492-1300
David’s Cell: (609) 290-0779
Michael’s Cell: (609) 290-3680
Office: 609.492.1300
2900 Long Beach Blvd.,Long Beach Township, NJ
2900 Long Beach Blvd., Beach Haven Gardens, NJ
HOLGATE - 2 FAMILY HOME
PEAHALA PARK - OCEANBLOCK
$1,799,000
Very clean, very spacious 2 Family Home located 5 houses away from the ocean and 2 houses away from the bay in the “Southport” section of Holgate. A unique property in many ways: Oversized 75’ x 85’ lot w/plenty of off street parking and 2 recreation areas, 4 bedrooms and 2 full baths in each apartment, master suite in each apartment, open floor plans, gas heat and central a/c on 2nd floor, 5 zone ductless heat and a/c on 1st floor, vinyl siding, fully furnished, turn-key condition. Fully integrated, internet functions: Wi fi, door locks, thermostats. No rentals booked yet for 2025 in case buyer wants to use rather than rent.
$1,749,000
MOVE-IN, TURN-KEY 2 family home located in the ocean block just 7 houses away from the beach!!! Completely re-built in ‘15 with two 2024 A/C systems. This gem has 3 bedrooms and 1 bath/floor, granite kitchens, cool coastal interior designs and a $85K-$90K rent history. Worth a look!!
David J Cowles, Broker/REALTOR
Michael Cowles REALTOR Office: (609) 492-1300
David’s Cell: (609) 290-0779
Michael’s Cell: (609) 290-3680
Office: 609.492.1300
2900 Long Beach Blvd.,Long Beach Township, NJ
2900 Long Beach Blvd., Beach Haven Gardens, NJ
NOTH BEACH HAVEN - OCEANVIEWS
Sometimes More Is More ...... Spacious 3,000+ sq. ft. beach house located very close to the ocean. 6 bedrooms, 5 1/2 baths, 3 living rooms, 6 blocks away from Bay Village. In terms of desirability, this property has it all!
$3,650,000
BRANT BEACH - BAYFRONT
Very cool 60’s style raised ranch located on an oversized 112’ x 125’ BAYFRONT lot. 3 bedrooms, 2 full baths, large master suite, enormous living room, dining room, granite kitchen and extra-spacious deck make up the main living floor. Down below is a studio area, large garage and additional storage areas. The site itself is one of the finest you’ll find anywhere on LBI. 125’ of waterfrontage with a 317’ x 191’ riparian grant and small beach area.
$3,250,000
HOLGATE - BAY VIEWS
A boater’s paradise. Experience waterfront splendor at its finest. The Studio Tagland multi-level design affords 2,442 sq. ft. of living space with spectacular bay views from every room featuring 2 living areas, high-end kitchen, 5 bedrooms (2 en-suite), 4 full and 1 half baths, 6- stop elevator, 2 decks (including an oversized rooftop), garage for storing all your beach and boating gear, outdoor shower, and 4 boat slips including 2 drive-on PWC docks. Offered turn-key in immaculate condition. $2,449,000
BEACH HAVEN CRAFTSMAN
An LBI Classic! Circa 1912 Craftsman style beach house located one block away from the ocean in one of the Islands’ most desired areas. 7 bedrooms, 2 1/2 baths, large front porch, back deck, detached garage and off street parking. A short walk to EVERYTHING fun on LBI.
$2,249,000
$9.4 M $186 M+
$1B+
SINCE 2019
OCEANFRONT - BRANT BEACH SOLD - $9,200,000
A VISION REIMAGINED
Coastal Grandeur on 203 Feet of Waterfront in Beach Haven There are homes that shelter. And there are homes that stir the soul.
At 1900 Virginia Avenue in Beach Haven, behind a sleek automated gate and past a sweeping Pennsylvania bluestone drive, a rare legacy has been born—one not built in haste, but slowly imagined, piece by piece, with purpose and passion. The result is a one-of-a-kind luxury estate that doesn’t just sit on the water—it embraces it.
Photos by Real Estate Cinema
What began as a traditional coastal home has been reborn into a sprawling 11-bedroom, 15-bathroom sanctuary that now spans over 8,080 square feet of artfully reimagined living space. Situated on a fully landscaped, gated 40,598 sq ft lot with 203 feet of private waterfront, this property is a true estate in every sense of the word. The nearly $3 million renovation is a masterclass in blending timeless coastal elegance with cutting-edge innovation, designed for multi-generational living, entertaining, and respite.
A Home With Heart and Vision
The current owners didn’t just renovate—they re-envisioned. With clarity and love, they stripped the home to its bones and rebuilt with a steel-reinforced infrastructure, creating what feels like new construction inside the cherished frame of its past. Every decision was made with intention—from lowering the primary living areas to the first floor for seamless indoor-outdoor flow, to positioning the Ultimate™ 40 pool in the sunniest pocket of the property for maximum privacy.
Step inside, and the emotion is immediate.
Sunlight dances across wide-open living spaces with soaring ceilings, walls of glass, and rich Ipe wood underfoot. The air hums with quiet luxury, curated for both sophistication and comfort. At the heart of it all, a chef’s kitchen commands attention—outfitted with state-of-the-art Hestan appliances, a 72” paneled Dacor refrigerator, and expansive countertops perfect for everything from casual breakfasts to grand holiday gatherings.
A whole-home Sonos system, commercial-grade networking, and smart home integration by Techno Sound & Video ensure that every room is connected, secure, and filled with music or quiet—whatever the moment calls for.
Resort-Style Living, Every Day
Outside, the home becomes a private retreat. A sparkling pool with splash deck and deep end invites lazy afternoons and sunset swims. Two full outdoor bathrooms and separate changing rooms mean guests never need to step inside. A firepit by the bay casts a golden glow on laughter-filled evenings.
From the new floating dock and boat lift to the lush, golf-course-worthy landscaping (a $200,000 investment on its own), every inch of this property celebrates life on the water. The new bulkhead provides peace of mind, while the 4-car garage—with tiled floors and full guest quarters above— adds both beauty and practicality.
Built for the Future
This estate doesn’t just look beautiful—it lives beautifully. Sustainability and longevity are built in with multizone HVAC, a full solar panel system, backup generator, and new plumbing, electrical, and roofing. Even the out-
door pergola is fully automated, adjusting to the sun and breeze with the touch of a button.
Designed to Be Turnkey, Ready to Live In
Everything you see—the designer furnishings, the custom lighting, the hand-selected pieces that complete each room—is included in the sale. All you need to bring is your suitcase and your dreams.
Whether you’re seeking a forever home, a summer retreat, or a luxury rental experience, 1900 Virginia Avenue offers a once-ina-lifetime chance to own a piece of paradise, perfected.
A DECADE OF SERVING LBI
Bonnie Wells of Coastal Living Real Estate Group
It is often said that humility is the key to success. If this is indeed true, than it’s no wonder that Bonnie Wells, owner and broker at Coastal Living Real Estate Group, just finished her firstdecade of business on Long Beach Island with such staggering numbers and rave reviews. Her genuine spirit of gratitude and helpfulness are directly linked with her deep love of LBI and a sincere desire to facilitate that blessing for others.
Bonnie entered the real estate industry in Bergen County three decades ago, transitioning from Dunn & Bradstreet with a role in marketing management covering the eastern seaboard. Her journey included valuable experiences at Sotheby’s, followed by the ownership and operation of her own real estate brokerage. Bonnie holds a broker’s license in both New Jersey and Florida, where she actively conducts transactions on LBI and in the Naples, FL market. As a child she spent summers at her grandmother’s beach house, and continued this cherished tradition of summering on LBI with her own children and now grandchildren.
Beginning in 2014, Bonnie, began seriously discussing the idea of opening a real estate company on the island. Lindsay Ryon was a new agent in PA at the time, but her drive and enthusiasm were contagious. Bonnie understood that marketing in a secondary market would entail a learning curve, yet her affection for the island motivated her to take the leap and establish an agency
based in Beach Haven. That very first year Coastal Living exceeded the projections and has continued to do so every year since.
The success of Coastal Living Real Estate Group has magnetically drawn exceptional talent, with agents reaching out of their own accord to express interest in joining the team. Each one of the over thirty members of the Coastal family developed a deep connection to LBI on a personal level before entering the real estate industry, and this unifying love forms the foundation of their business and camaraderie. The talent and drive of everyone behind Coastal Living is incredibly inspiring to Bonnie and she is thrilled to work with such amazing agents. The group that keeps the entire operation running smoothly and efficiently, led by Brittnee Decker, “is truly the best,” according to Bonnie. The diverse backgrounds among the entire team, from a wide variety of professions, allow them to expertly bridge the gap between buyers and sellers. The team consistently attends industry education conventions to stay up to date on the market and trends, providing an unequaled experience for all clients, whether they are buying, selling, or renting.
When distilled down, the true strength of Coastal Living Real Estate lies in its distinctive marketing approach. Bonnie leverages her degree in Communications specializing injournalism and photography and combines that
Written by Jenna Cowperthwaite Photos by Real Estate Cinema
with priceless technical skills in web design and digital media inspired by her son, Parker Wells. The result is a cutting-edge marketing package that cannot be found anywhere else in the region. She carefully curates an all-encompassing plan, through both print and digital outlets, that reaches not only local interests but also select global markets, as well. Her goal is to maximize exposure and connect with the right audience within the luxury market to showcase their properties while highlighting the unique lifestyle and charm that LBI offers. She sends the documented plan to each client with monthly results, keeping them fully informed throughout the process.
Bonnie is uniquely situated in the market to be able to act as a skilled matchmaker of sorts for her clients. Through staging consultations for sellers to personalized meet and greets and video consultations for renters, her thoughtful services resonate with clients on a deep level. High-profile individuals consistently seek out Bonnie and her team, knowing that they are ensured a secure and exclusive rental or sales experience with her high caliber of professionalism.
Today in an uncertain market, LBI remains an oasis for so many, just as it does for Bonnie. The island represents a tangible time of joy and togetherness for families; an opportunity forgrandparents to spend uninterrupted time with their growing grandchildren in a very busy world. That sentimentality is embodied in the homes Bonnie and her team represent.
In fact, all of their efforts at Coastal Living Real Estate always circle back to the people who make up this island, and giving back to the community stands paramount for the team. Bonnie has been engaged on LBI over the years, serving on the board of Beach Haven Future alongside Agent Barb Cona, participating in the Economic Development committee, and presently, a member of the Architectural Advisory Committee for the Marine and Business District of Beach Haven. Coastal has sponsored island events and served as committee chairs and volunteers for festivals such as the LBI Art Walk, Fall Fest, Chowder Cook-off and Beach Haven Heritage Day. “It’s where we live, work and play...we Love to see it thrive,” says Bonnie. When Coastal agent Pat O’Donnell saw the need for a Beach Haven gator, the agency was honored to purchase it for the Borough of Beach Haven. They have been touched hearing stories of those who hadn’t had access to the beach before having this mode of transport.
And one of the more lighthearted, fun events was the brainchild of Bonnie: the World’s Longest Nautical Line Dance. Spanning the Boulevard, store fronts, restaurants, and even the beach, the Beach Haven community rallied
around this exciting event and lined up to dance. It’s a true testament to Bonnie’s innovative, forward-thinking personality; and the fact that she even choreographed the dance AND taught it to the participants is the icing on the cake! The event, captured on camera, offers a visual depiction of how much folks love this island.
The Coastal team is delighted to witness their buyers and sellers share the joy of shedding stress and embracing island life. Throughout 2022 and 2024, they stood out as top agents and agencies in Ocean County, with Bonnie
consistently achieving the highest MLS average home selling price in Ocean County based on the number of properties sold. Last year, the market boasted seven oceanfront listings priced over six million dollars, with Coastal representing four of the seven, along with a fifth additional pocket listing.
They stand as a prominent force within the local real estate landscape, deeply honored to be entrusted with such remarkable homes. Bonnie holds a steadfast belief that none of their success would be attainable without the favor and provision of God. In her leisure moments, she finds joy in activities like tennis, sailing, skiing, and cherishing moments with her children and grandchildren. Reflecting on the past decade of dedicated service to LBI, she underscores a reaffirmation of her and her team’s unwavering commitment to excellence, innovation, and topnotch service through Coastal Living Real Estate, eagerly anticipating the exciting prospects that lie ahead.
Bonnie Wells with Mayor Nancy Davis covering the Memorial Day celebration at Veterans Park
Where the only meeting attendees are the morning birds and soft ocean waves breaking on the sand. Mute the daily grind, and spend your days in Long Beach Island. When you’re here, you don’t miss a thing. Let Ash Outdoor help you create an unforgettable space.
OCEAN ACRES UNDER CONTRACT NORTH BEACH HAVEN
• Second from the Beach
• Ocean Views
• 4 Bedrooms
• 2 Baths
• 1,736 sq. ft.
• Detached Garage
• Exposed Beams
• Classic Cape Cod $1,795,000 $575,500
• 3 Bedrooms
• 2 Baths
• 1,965 sq. ft.
• Oversized 70x190’ Lot
• Remodeled Kitchen with Custom Cabinets, Granite Countertops, & Stainless Steel Appliances
• Stone Wall Fireplace
• Cathedral Ceilings
510 N Bay Ave. Beach Haven
Commcercial Kitchen FOR SALE - $795,000
• New full kitchen fitted to provide excellent work flow and serious volume out the door
• Potential for off-site prep, secondary kitchen, catering, private chefs & more
• Custom walk-in, storage area & half bath
• Perfectly located in the heart of Beach Haven on the first floor of the Victoria Rose complex
• Endless Opportunities
8211 Long Beach Blvd.
Long Beach Twp.
Well Established Seafood Company FOR SALE - $1,399,000
• Iconic building & well established restaurant
• High volume oceaside venue
• Corner lot
• High visibility
• Full kitchen
• Ample storage
• Casual atmosphere & outdoor dining
• 8211 & 8201 Long Beach Blvd. can be bought together to increase options and opportunities
8201 Long Beach Blvd.
Long Beach Twp.
Mixed-Use
UNDER CONTRACT - $1,199,000
• Spacious and well equipped restaurant
• Open & airy 3 bedroom, 2 bath apartment upstairs
• Oceanside corner location
• High visibility
• Oversized lot
• 8211 & 8201 Long Beach Blvd. can be bought together to increase options and opportunities
Meet The Team!
Sean Adams, an alumnus of Villanova University holding a B.S. in economics from the esteemed School of Commerce and Finance, boasts a lifelong tenure on Long Beach Island. With an intimate understanding of local dynamics shaping the real estate landscape, Sean effortlessly instills confidence in his clients with his approachable and well-informed demeanor. His expertise spans across luxury residential homes, commercial properties, and investment opportunities, as well as development projects. Sean’s accolades speak volumes, having earned numerous prestigious RE/MAX awards, including the coveted Lifetime Achievement award and induction into the RE/MAX Hall of Fame. Congratulations Sean on your 30-year milestone as a Real Estate Agent!
Melinda Russel, a proud Ocean County resident since 1967, began her real estate journey as a secretary in 1985 before obtaining her NJ real estate license in 1986. Specializing in the Jersey Shore, she brings decades of experience and expertise to her role as a full-time REALTOR® in Manahawkin, excelling in guiding clients through property transactions with intimate knowledge of the coastal region’s intricacies.
Chase Moran, the team’s Lead Marketing Coordinator and Graphic Designer, seamlessly merges communication with design to best benefit clients in the sale of their home or business. Chase has been a licensed real estate agent for the past two years, successfully assisting in millions of dollars’ worth of transactions. A lifelong Surf City resident, Chase’s deep connection to the island fuels her innovative approach. With a commitment to excellence, she crafts captivating marketing strategies and visually stunning graphics, empowering individuals to connect with us and achieve their goals in today’s dynamic marketplace.
Justine Henderson brings a unique blend of experiences and a deep connection to the Manahawkin/LBI area. With nearly a decade of experience as a yoga teacher and bartending on LBI, Justine is joining us from a previous agency and offers a diverse perspective to the industry. Growing up in this vibrant coastal community, she has an intimate understanding of its neighborhoods, events, and hidden gems. Justine is passionate about empowering people and helping them achieve their goals, providing personalized support whether you’re buying, selling, or investing in the local market. Welcome to the Team Justine!
Meet Jackie and Sammi, our dynamic duo of social media content creators dedicated to keeping you connected with all things LBI. With their creative flair and passion for storytelling, they curate engaging content that captures the essence of Long Beach Island. From breathtaking scenery to local events and insider tips, Jacki and Sammi ensure that you stay informed and inspired, immersing you in the vibrant spirit of our beloved community.
$7,495,000
• Rare opportunity to own one of the last legacy estate bayfront tracts on Long Beach Island
• Sprawling nearly 1.5 acre bayfront property with over 100’ of water frontage
• Spectacular, unobstructed bay views and breathtaking sunsets
• Includes a private tennis court and plenty of room for additional outdoor amenities
• Designed by famed Philadelphia Architect Beryl Price, FAIA, offers 5 bedrooms and 4 baths
• Separate guest suite with private entrance, kitchenette, and living area
• Quiet, private location with mature landscaping, expansive grounds, and riparian grant
• Ideal setting for a custom compound or subdivision
• Rare blend of development potential, privacy, and views on this bayfront estate property
12000 LONG BEACH BOULEVARD
HAVEN BEACH - Established Automotive Business and Commercial Property. Sale includes automotive repair shop and towing company with nearly 40 years of service to the local community, along with a 1 Bedroom apartment! $1,899,000
5909 OCEAN BOULEVARD
BRANT BEACH - One off the Ocean Duplex. Each updated unit features 3 Bedrooms, 1½ Baths, front decks, vinyl plank flooring, Ductless Split Systems, Laundry and more. Established rentals. Corner Lot. Ocean views!
$1,899,000
357 W 10TH STREET
SHIP BOTTOM - Bayblock - Spacious 4 Bedroom, 3½ Bath Home with an elevator and rooftop deck. Central A/C, Forced Hot Air Heat. 60x90 Lot located close to the Ship Bottom Boat Ramp and nearby Bay Beach!
$1,739,000
222 FOURTH STREET
BEACH HAVEN - Oceanside Duplex in the Heart of Beach Haven. Fantastic location! 2 Beds, 1 Bath per Floor with an interior staircase connecting units. Ductless Split Systems. Flexible use with this property
$1,449,000
2904 ATLANTIC AVENUE
BEACH HAVEN GARDENS - Classic LBI Beach House – Just Steps to the Beach! 4 Beds, 1 Full and 2 half baths along with a flex room. Split systems provide heat and air conditioning. Legal Duplex. 40x90 lot. $1,750,000
16 W SUSAN AVENUE
HOLGATE - Duplex-Each unit features 2 Beds, 1 Bath, Forced hot air heat, central air and washer/dryers. Newer roof, interior staircase and close to the Beach and Bay. 50x83 Lot. $1,279,000
Ask the Realtor
BONNIE WELLS BROKER | OWNER OF COASTAL LIVING REAL ESTATE
Specializing in Marketing Management since 1985, Bonnie Wells has built a distinguished career that began with a focus on the Eastern Seaboard for a D & B Software Company. She relocated to New Jersey in 1989, bringing her expertise and passion for real estate to new markets. Holding a Broker’s Real Estate License in both New Jersey and Florida, Bonnie has facilitated relocations for clients from all over the world.
Written by Jenna Cowperthwaite
How do I Interview a Realtor When Selling My Home?
UNDERSTAND THEIR PRICING STRATEGY
A realtor should build a solid foundation of trust and confidence by clearly explaining how they arrive at your home’s sale price. They will use a Competitive Market Analysis to evaluate both current listings and recent sales to see exactly where your home fits in. Of course there are the obvious components which factor into pricing, such as location, square footage, number of bedrooms and bathrooms, age of the home and amenities like pools. A competent realtor also understands there are critical nuances to consider within a beach town, like pricing oceanfront, ocean block, boulevard, bayside and bayfront homes as distinct categories and comparing them to similar locations.
An accurate price is critical to the marketing of your home. If it’s overpriced, it will unnecessarily sit on the market, which can be a red flag to potential buyers. At the other end of the spectrum, underpricing a home can leave the seller at a financial loss. A strong pricing strategy effectively positions your home in the marketplace and makes it straightforward to communicate the value of your particular property to prospective buyers.
GAUGE THEIR UNDERSTANDING OF LOCAL RULES AND REGULATIONS
It is certainly necessary for your realtor to know the ins and outs of Long Beach Island’s unique coastal-specific rules and regulations. There are many nuances that could affect the sale, as well as your purchaser’s future
Photos by Real Estate Cinema
plans, and a realtor ought to help their client navigate that landscape. Factors your realtor should review may include:
Setbacks and Zoning Rules: Every town on LBI has different rules about setbacks, building height, allowable square footage within the property’s footprint, and specific guidance pertaining to pools. These zoning regulations impact what can be done with a property and your realtor will ensure everything is in good standing.
CERTIFICATE OF OCCUPANCY: The process for sellers to obtain a CO can be different in each town along Long Beach Island. Your agent should know what’s required to keep your sale on track.
COASTAL AREA FACILITY REVIEW ACT: This policy controls what and where you can build near the water. Changes are coming that could impact future construction, so it’s important your agent stay informed.
FLOOD INSURANCE: As LBI is a designated flood zone, your realtor should have an understanding of elevation requirements, FEMA regulations and insurance costs. These factors can affect your financing, resale value, and overall investment.
RIPARIAN RIGHTS: If you’re buying waterfront property, you’ll want to know about riparian rights or grants, which determine water access, dock permits, and who really “owns” the water in front of the home.
With a high level of understanding pertaining to local rules, your realtor will be a great problem-solver, asking the right questions to the right people. Essentially, an informed realtor will be the glue that keeps the deal to-
gether, despite any bumps in the road! When questions arise that require legal, financial, or specialized advice, your realtor can direct you to trusted, licensed professionals.
CONSIDER YOUR RAPPORT WITH THEM
It is worth mentioning, regarding such a significant life event, that it’s incredibly important to feel like you and your realtor are on the same wavelength. A high degree of trust and confidence ought to form the foundation of your working relationship. You need to know that they are prepared to support you through every step of the process. They should be able to keep the momentum at a good pace throughout an entire transaction, never allowing any part of the process to become stagnant. You should feel assured that they are always there with an answer or are willing to do whatever it takes to find one. You know they will address any hiccups that arise and will be in constant communication with both the buyer’s agent and yourself.
And while your realtor should always be professional, it’s also nice to have someone who can embrace a certain level of friendship. They should bring a kind, listening ear, understanding issues of particular importance for each client. They ought never to step on your toes, but understand the nuances of your personality…it’s really a meeting of the minds. It is perfectly reasonable to expect them to be extremely punctual and over-prepared, someone who demonstrates maximum knowledge of your property. You should feel that the level of service you are getting is better than anyone else. Because with the right partner, you will always have a successful outcome.
Tune in next issue for strategic guidance when buying a home.
“The
- Kathleen, Surf City
The Petti Real Estate Group: Connecting People, Places and Dreams
By Eileen Burke
A peaceful life on the coast - idyllic days filled with sun, sand and salty air - was a long-held dream for Denise Petti, whose heart’s desire for as long as she could remember was to make the ultimate leap from suburb to coast. She and her husband, Neal, had talked about what such a move might look like for many years. Theoretically, it seemed possible, but in reality?
The couple had been frequenting Long Beach Island for decades, from the time they were young children themselves, to getting married and having children of their own. Denise vividly recalls the first time stepping foot on LBI sand at the tender age of five.
“It was July, 1977,” she reminisces, “My father had been
offered an oceanfront rental for a week in a tiny raised bungalow on 9th Street in Surf City. That home is long gone now, but that week was filled with sun in my eyes and sand in my hair. Every memory I have of joy and happiness begins in my father’s arms on LBI. He would hold me as he jumped ocean waves and made my mother laugh the way he floated on his back with his feet sticking up in the air.”
Summer days spent on LBI just hit differently. The Causeway to the island, nicknamed by many as The Bridge of Sighs, seemed to Denise like a road to the end of the earth, to Heaven perhaps. As her father drove the family of six in their shiny maroon station wagon across the Causeway, she recalls her mother poking her head out of the
rolled-down passenger side window, shouting joyfully into the salty wind.
“Smell that seashore air!”
It was a sentiment that would lodge itself indelibly in Denise’s five senses forever. With her gaze set perpetually toward the coast and a soul drawn magnetically to the sea, Denise’s heart was like a compass, LBI its True North (albeit due East). As a wife and mother now herself, she has long savored the sunny memories made with her own little beach-loving family: Daughter, Michaelina and son, Gianni.
With every passing summer vacation, a heartfelt contentment spread across her husband and childrens’ faces. Cherishing the way they smiled and slept after a full day in sun, sand and surf, a vision began to form and cement in her mind: “These vacation experiences don’t have to be fleeting. This can be our way of life.”
“I would stay up at night and just scroll through houses for sale,” Denise recalls. “Michaelina, from the time she was maybe seven or eight years old, would curl up beside me and we’d look at all these pretty living rooms with fireplaces and beautiful decks and views, just playing make pretend. Granted, we knew we had a good life where we were, we just wanted the salt life.”
With two school-aged children and a tightly-knit extended family, a move to the beach certainly would be no small thing. There would be resistance and turbulence, to be sure. After toying with the idea, browsing listings online, and touring some open houses, Denise discovered that her husband and both kids were on board. That very day, Denise decided to enroll in a two-week real estate prelicensing course.
“I wanted first-hand knowledge of the coastal housing market,” she remembers. “I wanted to be the first to know what was being listed and sold and for how much. I wanted all the insight around what the market was bearing. I became a student of real estate, getting to know the neighborhoods inside and out; the character, personality, values and attraction of each unique town.”
What started out as mere interest and intrigue, served to propel Denise on an exhilarating trajectory she never anticipated.
“It’s so funny, looking back now,” Denise recalls. “I just wanted the ability to pull and analyze market statistics, to have access to inventory and see what was expired, pending and coming soon. It wasn’t long before I started booking agent previews and attending broker caravans and I realized this is a service I could offer to others.”
With that, Denise began to form relationships with buyers, sellers and fellow real estate agents, both on and off the island. She attended trainings, workshops, webinars and seminars, joined a regional brokerage and nationwide sales team, and explored the intricacies of launching a scalable business.
On December 7, 2018, she put a For Sale sign in the
ground at their home of fifteen years in Moorestown, NJ. It went under contract with a cash buyer in a matter of days and closed inside three weeks. One short year later a global pandemic would shut down the whole world. As it happened, real estate values skyrocketed. Destination coastal real estate became all the rage for investors and the Work From Home movement. Denise would go on to fortify her status as a trustworthy and knowledeable full-time real estate agent on and around LBI.
Meanwhile, at the age of seventeen, Michaelina was getting ready to graduate from Southern Regional High School, and chose to take the opportunity during quarantine to obtain her real estate license over spring break. With that, the Mother-Daughter team of The Petti Real Estate Group was born, connecting careers, hearts and souls with this favorite coastal paradise. This family business now serves as the South Jersey and Jersey Shore hub for a national referral network of agents, known as Next Move, delivering world-class client experiences with discretion and distinction.
Powered by Keller Williams Empower, The Petti Group is comprised of mother and daughter, as well as a vast nationwide network of specialized referral agents, who specialize in the sale of primary and secondary homes from city to country to coast, and everywhere in between.
Michaelina Petti specializes in transaction managment and administrative support, working closely with The Petti Group’s active pool of buyers, sellers and investors. The foundation of her work ethic is one of love, communication and care, something that is at the cornerstone of each and every transaction. She also supports the team with marketing and creative management. As a fine artist, her name appears on each and every curated piece gifted to the team’s buyers and sellers. When Michaelina isn’t busy providing world class real estate management, she enjoys writing, recording and performing original music with her father and brother all over Ocean County.
Denise Petti brings value to her clients and colleagues as a professional interior designer and stager. Her business, Briteside Interior Design allows her to serves her clientele of sellers, investors and fellow agents with stylish aesthetics that get homes sold. That, combined with clear, consistent communication, high level skill, savvy and cutting-edge digital tools, bring a competitive edge for obtaining top-tier access and exposure. Her drive, each and every day, is to serve friends, family and neighbors by leveraging her vast network of resources to connect people, places and dreams.
With a healthy appreciation for the beauty and inspiration the entire shoreline has to offer, The Petti Group brings a unique vitality and vigor to the client experience, helping to provide, procure and protect each and every client’s most treasured asset.
The Petti Real Estate Group may be reached by phone at 609.760.4334 or online at thepettigroup.com.
1031 Exchanges Explained
A Guide to Turning Property Sales into Tax Savings
Written by Susan Field
In a community where owning investment properties is prevalent, it is important to know how to maximize wealth through tax-deferred real estate investing. A 1031 Exchange allows investors to defer capital gains tax by reinvesting in like-kind properties, promoting long-term growth and portfolio optimization.Only investment properties that generate income qualify for 1031 Exchanges.
Joe Manzo, owner of Elite 1031 Exchanges, LLC., shared information and benefits about 1031 Exchanges.
What is a 1031 Exchange?
A 1031 Exchange, under IRS Section 1031, allows investors to defer capital gains tax when selling investment properties. The proceeds are reinvested into similar (like-kind) properties, promoting longterm growth and portfolio optimization.
1031 Exchanges can be performed on properties owned across the 50 states and the District of Columbia.
The 1031 Exchange has to be in place before the sale and follows a strict timeline.
What is capital gains tax?
Capital gains tax is a type of income tax levied from
profits made from the sale of assets, such as real estate. The tax is due when an investment is sold. What Types of Properties Qualify?
Investment properties that generate income.
Like-Kind Properties: real estate that is of a similar nature or character as the property being sold.
Benefits of a 1031 Exchange
Tax Deferral: Defer paying capital gains tax in order to reinvest funds.
Portfolio Diversification: Exchange a property for multiple properties or different types of properties.
Build Wealth: Capitalize on tax savings to invest in higher-value properties.
Steps and Timeline
Identify replacement property within 45 days of the closing date
Close on Replacement Property within 180 days.
If you are interested in doing a 1031 Exchange, Please reach out to Elite 1031 Exchange for more information by emailing Info@elite1031.com, or by calling 800-865-1031
full
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with a wet bar. The top floor offers an open floor plan with vaulted ceilings and windows overlooking the bay. The kitchen has custom cabinetry, large island, new appliances and custom tile backsplash. Flowing from the kitchen is a spacious living room with wainscotting, fire place with custom tile surround, trim work and mantle. The master bedroom has the top floor all to itself with a spacious walk-in closet and large master bath boasting a large custom tiled shower with glass doors, and double vanity. The roof deck and front deck off the Dining room will give you some of the best bay views LBI has to offer. Other features include a saltwater in ground pool, stone pavers leading from the driveway down the side yard, past a double outdoor shower then surrounding the pool. Sonos sound system and much more. Don’t miss this opportunity and call today!
32 W NEW YORK AVE, BRANT BEACH $2,149,000
Recently renovated, 32 W New York Ave is the summer retreat you’ve been searching for. Situated in the heart of Long Beach Island, this one-of-a-kind, reverse living style home is just one house from the bay and a short stroll to the beach. The foyer area (with garage access) leads to a newly-installed elevator and stairwell, allowing for easy traversing to all floors. On the first floor are 4 spacious bedrooms, one of which is a master suite with a walk-in closet and spectacular bay views. Down the hall is a full bathroom and laundry room with a new washer, dryer and wash basin. The second floor boasts an open floor plan including a living room, kitchen and dining area. The open nature of the reverse living space allows for ample natural light, privacy and, most notably, sweeping views of Barnegat Bay. Other features of this home include vaulted ceilings with boxed beams, shiplap accents, a cozy fireplace, and a second living area with its own deck overlooking the backyard. Without leaving the house you’ll enjoy some of the best bay views any bay side home on LBI has to offer! Better yet, step out onto the front deck and let the bay breeze and endless water views wash your worries away. Or take a walk up to the roof deck and enjoy panoramic views of Barnegat Bay and the quaint sights of the surrounding shore town! Outside, a new paver driveway connects to a walkway that runs by the outdoor shower and into the rear yard where raised landscape beds surround a paver patio with cozy furniture and a fire pit. Just a stone’s throw away is a private bay beach, perfect for launching your kayak onto the glassy water or enjoying a quiet swim with family. Walk or ride your bike to some of LBI’s most cherished establishments like Skipper Dipper, Stutz Candy and Nardi’s. Other nearby attractions include Bay View Park’s bay beach along with sport courts for beach volleyball, pickleball and basketball. This home is offered fully furnished and move-in ready! Whether you’re looking for the perfect summer escape or a new place to call home, this lovely residence checks all the boxes.
1306 N. BARNEGAT AVE SURF CITY
“LBI’s real estate market has never been hotter! If you are thinking of selling, there’s never been a better time. I can help make selling your property a breeze as you’ll have an experienced professional guiding you every step of the way. Call Bill today for a free market analysis! 609.661.0651 “
34 AMHERST RD, HIGH BAR HARBOR $3,699,000
Stunning Lagoon Front located in the well sought after section of High Bar Harbor. If you’re looking for the perfect LBI retreat with endless possibilities, 34 Amherst Road checks all the boxes. This home faces south on the water which means you will get awesome sunsets and most importantly you’ll have shelter from North East Winds. Leave your car at home and walk or bike to some of LBI’s most cherished establishments like Viking Village, Mustache Bill’s, Kubel’s,Daymark, Barnegat Light State Park, Poppy’s Ice Cream Parlor and so much more. This property is also raised 3 feet allowing for better views and the peace of mind that your home will stay high and dry. The views from the roof deck will never get old as you can take in the breathtaking water views and land marks like “Old Barney” and Viking Village. This new construction offers 5 bedrooms, including 1 master suite,3 junior suites,5 1/2 bathrooms,1st floor family room, second floor living room, office room, gourmet kitchen with 13’ kitchen island, stainless steel appliances,, fireplace,3 stop elevator, spacious laundry room, sprawling decks off each floor overlooking the water and a roof deck that allows for panoramic views of the water and all of Long Beach Island. The expert craftsmanship showcased in this home sets it apart from any other with barrel vaulted ceilings and custom trim work throughout. There is no shortage of storage space with plenty of walk in closets, oversized garage and bonus room on the ground level. Exterior features include but are not limited to in ground saltwater pool, paver patio and outdoor shower. And whether you are a boater or just someone who enjoys the benefits of living on the water, there’s no shortage of opportunity with 60 feet of water frontage. Don’t miss this opportunity and call today!!
Luxury Custom Home Design & Build
