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The law takes effect as the inventory of single-family homes for sale in New Jersey has plummeted since the pandemic, from nearly 42,489 in June 2019 to 14,801 in June 2024, or 65%.
Ocean City is a city in Cape May County, in the U.S. state of New Jersey.It is the principal city of the Ocean City metropolitan statistical area, which encompasses all of Cape May County, and is part of the Philadelphia-Wilmington-Camden, PA-NJ-DE-MD combined statistical area, also known as the Delaware Valley or Philadelphia metropolitan area. [21]
In 1988, Ocean City added a Historic Preservation Plan Element to its master plan. Three years later, the city designated the Ocean City Residential Historic District from Third to Eighth Streets, and along Wesley, Ocean, and Central Avenues; also included in the District was the Life-Saving Station at 4th and Atlantic. [4]
Sales of previously owned homes fell 1% in September compared with August, to a seasonally adjusted, annualized rate of 3.84 million units, the slowest pace since October 2010,… Reuters 3 months ago
Corson's Inlet State Park was established in 1969 near the southern end of Ocean City to protect and preserve one of the last undeveloped areas of land along the New Jersey coastline. [160] Cape May Point State Park was established at the southern end of the county in 1974, having been previously used as a military base until the Ash Wednesday ...
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