Queen Anne, Gothic Revival, American Foursquare, and CraftsmanExpect to pay:
As little as $75,000 to $100,000 for a boarded-up foreclosure; period houses that have been updated start in the high $200,000's
The famed boardwalk in this iconic Jersey Shore resort city took a big hit from Superstorm Sandy in October 2012. But, as in so many other places around the state, locals rallied to get repairs made, and it reopened to great fanfare on May 18. Even better: The gem-speckled residential areas in Asbury Park were largely spared. "We were very fortunate that we didn't suffer the widespread damage borne by other places in the state," says Randy Thompson, president of the Asbury Park Homeowners' Association. Since the late 1800s, visitors have flocked here to enjoy the seaside, as well as music and live entertainment; at its peak, in the middle of the 20th century, some 600,000 tourists strolled its beaches and boardwalk each summer.
Seasonal tourism is still vital to the local economy, and today a good handful of full-time residents are big-city escapees, many of whom bought homes in the 1990s, when a haggard Queen Anne could be had for under $100,000. Steals like this are hard to find these days, but prices remain competitive, especially for a seaside town just 60 miles from New York City. Preservationists have worked tirelessly to keep historic treasures intact, and the storm jump-started a movement to rebuild and protect the shoreline. Yearning to soak up the salty air from your front porch—or a clam shack? Now's a good time to get in on this area's latest renaissance.
Among the best for: Editors' Picks
, The Northeast
, Small Towns
, First-Time Buyers
, Lots to Do
, American Heritage