Kevin OBrien

Currently foreclosures and short sale opportunities abound on the Cape May County MLS. Keeping up to date on recent offerings can be the key to finding a home or condo. In an effort to keep you updated on Avalon short sales and foreclosures, I provide the Avalon Short Sale and Foreclosure List. Join now, todays email contains some excellent opportunities in Avalon, Stone Harbor, Sea Isle City, and Ocean City.

The town of Strathmere is undertaking an $8 million beach fill project. This is more than double the initial estimate of $3 million. As part of the project Sea Isle City will be adding 400,000 cubic yards of sand to their beaches. In Sea Isle City the rebuilt areas will include 1st to 15th street and 42nd to 52nd.

This year's project is Sea Isle City's first since a $4.2 million project back in 1999. According to the Sea Isle City Mayor Leonard Desiderio, they are working to lobby the Army Corps of Engineers to include Sea Isle in routine projects.

It sounds like good news for home owners along the beaches that are being rebuilt. It should help to further protect their investment. If you are ready to make an investment in Sea Isle City, contact me.

The Borough of Stone Harbor will be taking bids to install the first of many solar panels on a municipal building.  The install will comprise upto 286 panels.  The solar panels will be installed on the roof of the municipal building.  Town officials hope the solar power will generate up to 60,000 kilowatts of electricity oer year. 

Initial estimates place the cost of the installing solar powers on the roof of the 81st Street public works building between $300,000 and $400,000.  The Press reports the borough is receiving a $158,000 rebate from the state of New Jersey.  

Town officials hope the solar panels will pay for themselves in six to eight years.  The town is hoping with success to expand the program.  Some neighboring towns have already started the green energy conversion.  They include West Cape May and Ocean City.