What Will $1 Million Buy You when it comes to Real Estate on the NJ Coast?Posted by Shawn Clayton on
In 1993 a Canadian band called the Barenaked Ladies had a hit north of the border with song called "If I had $1,000,000". So if you had a million dollars and could buy a home in an area along the Jersey Shores gold coast, what would you get for your hard-earned money?
Naturally real estate in some boroughs and towns is more expensive than others, but generally speaking, and looking at only single-family homes, here's what $1,000,000 will buy you: You'll usually get a minimum of three bedrooms, more often than not, a home will have four bedrooms and at least two baths.
Generally speaking, $1 million can get you a home that's often very close to the beach, sometimes even a block of two. In some communities, like Point Pleasant or Manasquan, for…
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