V2 Properties Newsletter Volume 13, Issue 7

July 2023
Exponential Insights

Properties At A Glance

  • 7
    Currently Under Contract
  • 19
    Awaiting Building Permits
  • 5
    Sold In Last 30 days
  • 0
    Scheduled To Sell In Next 30 days

Time flies when you’re having fun

It’s hard to believe we are already halfway through the year and this month we would like to share all the progress we have made so far. We have several new projects on the horizon, including FOUR new ones in Margate, and our first ever project in Longport! We have almost finished our rental construction in Philadelphia, with only four left to go, and we have been aggressively filling the new units that are hitting the market! Our amazing team has been working hard to deliver quality products and maintain our rental properties (not an easy job). We would like to thank each one of them for doing such an amazing job. We have a long way to go but we have the team for it and look forward to new successes and accomplishments the rest of this year will bring.

Mid-Year Recap

We have been finishing up our biggest rental projects, completely dominating the market down in New Jersey, and expanding our business even further into new shore towns. This year has been a challenge, but it is worth it, as we continue to grow as a company and as a successful business. Let’s look at our year so far.

New Jersey Highlight

As mentioned in our May newsletter this year, there are many reasons to own real estate in Ocean City. With property taxes ranked one of the lowest in the state, their clean beaches, and beautiful town, its no wonder it was named New Jersey’s favorite beach for the 10th consecutive year in a recent statewide online poll. New Jersey’s Sea Grant Consortium started the poll back in 2008 to encourage preservation and add a “little healthy competition” between Jersey beach towns. Ocean City has won many statewide polls and collected several similar titles over the years, such as “Best Beach”, “Best Beach in America”, and America’s Greatest Family Resort” – its no wonder its an amazing place to live and vacation! Check out the full article below.

Thank you for reading Exponential Insights

Don’t forget to check out this month’s featured property. The home at 43 Sunset Place sits on a sunny street in Ocean City, with the Great Egg Harbor Bay at the end of the street. This is the perfect vacation home for families or real estate investors looking to add to their portfolio. Check out its sister home, 39 Sunset Place, which just went under contract! We hope you all continue to have a wonderful summer and look forward to sharing all our progress next month.

Thank you for taking the time to read Exponential Insights!

Vince Viney, Founder & President

Press links

Featured project: 43 Sunset Place

Neighborhood

Ocean City

Listing Price

$1,899,900

Features

  • Kitchen undercabinet lighting
  • Ceiling fans in all bedrooms
  • Kitchen island
  • Single Family
  • Beds
  • Elevator
  • Double vanity in master bath room
  • Bath tub
  • Baths
  • Optional Den/Study
  • Private Deck in Master Bedroom

Description

The handcrafted details and enchanting interior features make this bay beauty one of kind! 39 Sunset Place has 5 spacious bedrooms, an optional sixth bedroom/den, three and half baths, and multiple porches for everyone to enjoy! Step into the massive great room with an open concept living area, dining room, and gorgeous kitchen! This is the perfect place for family and friends to gather and enjoy the luxury amenities this beautiful home as to offer. Cozy up next to the fireplace in the living room, host family dinners in the elegant dining area, and indulge in a ‘night-in’ hanging out with friends on the front porch. A gourmet kitchen with brand new appliances, plenty of countertop space, and a beverage bar are just a few reasons to fall in love with this space. The large island includes additional seating, and with a walk-in pantry you’ll never run out of storage space! For ample privacy the master bedroom is located on the third floor and includes a luxury bathroom with a double vanity sink, large walk-in closet, and private deck to enjoy your morning cup of coffee while taking in the bay breeze! This floor also hosts a second deck and small office/study space just off the master bedroom. This beautiful home is the perfect place to relax and making everlasting family traditions! Don’t miss out!

Where Are Our Projects

0
In the Pipeline
1
Phase 1 - Foundation & Framing
2
Phase 2 - Mechanicals & Insulation
3
Phase 3 - Final Finishes
4
On the Market
4
Under Contract

Phase 1

Phase 2

Phase 3

Under Contract

On The Market

In The Pipeline
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