Redfern Ocean Development

Avalon Home Developers

Avalon is Seven Mile Island's luxury market. Land values here set the ceiling for the entire South Jersey coast, and the redevelopment economics are compelling for owners of aging properties.

$3M–$6M

Typical new build value

Luxury tier

Market position

Seven Mile

Island

R-1/R-2

Zoning character

Avalon Market Dynamics

1

Avalon is consistently ranked among the most expensive real estate markets in New Jersey, with new construction routinely exceeding $3M–$6M.

2

The borough's strict building codes and design standards ensure high-quality construction that protects property values long-term.

3

Limited remaining inventory of older homes means each redevelopment opportunity carries significant premium.

4

Avalon's year-round community and strong rental market create dual demand drivers for new construction.

5

Many properties in Avalon's core blocks are approaching or have passed the point where renovation cost exceeds the gap between as-is and new construction value.

How we work in Avalon

Direct Purchase

We buy older homes in Avalon at premium pricing based on lot value and redevelopment potential. No repairs, no showings, no staging required.

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Joint Venture

Keep ownership of your Avalon property while we handle redevelopment. You participate in the upside without the risk.

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New Construction

Elevated, FEMA-compliant coastal homes built to modern standards, designed specifically for Avalon's market.

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Avalon — Frequently Asked Questions

Why is Avalon real estate so valuable?

Avalon sits on Seven Mile Island with strict building codes, a year-round community, and limited land. New construction values regularly exceed $3M–$6M, making it the luxury benchmark for the South Jersey coast.

Does Redfern Ocean buy homes in Avalon?

Yes. We actively acquire older homes in Avalon based on lot value and redevelopment potential. Given Avalon's premium land values, the gap between an aging home's as-is value and its lot value is often the largest of any shore town.

What type of homes does Redfern Ocean build in Avalon?

We build elevated, FEMA-compliant single-family and duplex homes designed to meet Avalon's strict design standards. Every project is custom and built for the specific lot, block, and market position.

Are joint ventures available for Avalon properties?

Yes. Joint ventures work especially well in Avalon because the higher end values create more room for both the owner and developer to participate in a meaningful upside.

Own an older home in Avalon?

Find out what your property could be worth as a redevelopment opportunity. No pressure, no obligation — just a grounded conversation.