In Ocean City, houses are going up, way up, and coming down
The house raisers were busy in Ocean City, as people decide to heed new FEMA flood maps and crank their vulnerable homes to the sky. But in some cases, it's easier to bail.
I was in Ocean City Thursday to research a story on some folks engaged in an epic insurance battle to get reimbursed for flood damage, and ran across a bunch of homes about to be, or in the process of being raised to meet new FEMA flood map elevations. Even though it's becoming more common - and should be even more common now that Gov. Christie has dedicated a portion of the federal money toward supplementing FEMA's $30,000 maximum Increased Cost of Compliance grants - it's still a startling and downright weird sight to behold. Took about torn asunder. This house was just being prepped for the big lift; this is Tom Jones of the Hauck House Movers, who are very busy these days.
This house on Crescent Street, which still bears a historic Fire Department medallion on its front, was lifted up, moved to its backyard, where it awaits final pilings and a slide back into position.
This house at 52d and Bay is one of the largest I've seen moved.
Here's an interior from below: (How often do you see that?)
That's the shower head up there; the water's got a long way down at this point.
I ran across this wrecked home on Asbury near 46th Street with a for sale sign on it. When I called the realtor, Ed Kershbaumer, he said the property had actually already sold, for $650,000, about $300,000 less than what they might have asked for the property with a restored house.
The owners considered renovating, he said, but decided it was too mcuh trouble and were able to purchase a property on the beach. The buyer, a builder, is going to tear down and build a new duplex, raised to proper elevation, which will each sell for upwards of $700,000. Kershbaumer said there are some good deals around town, with prices depressed by both storm and recession.
Here's a porch view, and an interior shot.