Editorial: Rising seas will erode the Jersey shore real estate market

Ocean City flooded by winter storm, jersey shore

STAR-LEDGER – Here’s something to ponder if you have just acquired a 30-year mortgage for a beachfront property in Lavallette, Long Beach, Little Egg Harbor or a few dozen other New Jersey towns: That house is likely to be underwater by the time you pay it off.

No, not in terms of market value – though that also might be true.

That was meant literally: Your seaside citadel is likely to be uninhabitable by 2045 because many waterfront communities along New Jersey’s 130 miles of coastline will require that you wade from your driveway to your front door …

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