MAREJ A dvertising D irectory 2A — November 11 - 24, 2016 — M id A tlantic Real Estate Journal
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Mid Atlantic R eal E state J ournal Publisher ............................................................................Linda Christman Publisher ...............................................................................Joe Christman Associate Publisher ................................................................Steve Kelley Associate Publisher ..........................................................Barbara Holyoke Associate Publisher ...................................................................Kim Brunet Senior Editor/Graphic Artist .................................................Karen Vachon Production Assistant/Graphic Artist ...........................................Julie King Office Manager ....................................................................Joanne Gavaza Mid Atlantic R eal E state J ournal — Published Semi-Monthly Periodicals postage paid at Rockland, Massachusetts and additional mailing offices Postmaster send address change to: Mid Atlantic Real Estate Journal, 312 Market St. Rockland, MA 02370 USPS #22-358 | Vol. 28 Issue 21 Subscription rates: $99 - one year, $148 - two years, $4 - single copy REPORT AN ERROR IMMEDIATELY MARE Journal will not be responsible for more than one incorrect insertion Toll-Free: (800) 584-1062 | MA: (781) 871-5298 | Fax: (781) 871-5299 www.marejournal.com
Mid Atlantic Real Estate Journal
Applied Bank............................................................8A ARD Appraisal........................................................11A Badger Daylighting..................................................2B Barley Snyder...........................................................2C Barry Isett & Associates....................................IBC-C Beneficial Bank ......................................................... 7A Berkadia.................................................................. 14A Brasler Properties................................................BC-A Bussel Realty Corp.................................................11B CASE Real Estate Capital.....................................16B CIRC DE.................................................................26A Coastal Real Estate................................................29A Commercial Mortgage Capital.................................6A Community Preservation Corp..............................13A Concannon Miller...............................................IBC-C Construction Roundtable of NJ.............................29A Cooper-Horowitz..................................................... 24A Corfac International.................................................1A CREW NJ................................................................21B Cushman & Wakefield . .........................................IC-B Deerwood Real Estate Capital...............................10A Denholtz Associates................................................19B Design Management Services..................................9B Earth Engineering....................................................2C Environmental Services.........................................29A Fowler Companies..................................................29A Gebroe-Hammer Associates.....................................4B Greyhawk.................................................................. 3A Heller Industrial Parks............................................6B Hillcrest Paving & Excavating..............................29A Hinerfeld .........................................................29A, 1C Investors Real Estate Agency................................29A Kaplin Stewart.........................................................3A Kearny Bank.............................................................3B Keystruct Construction..........................................28A LF Driscoll................................................................6C Marcus & Millichap..................................................3A Max Spann................................................................4A Mericle ..................................................................BC-C Meridian Capital Group................................15B, 17A Morris County EDC................................................18B NAI Summit.....................................................29A, 2C NJECA...................................................................... 1B PennCap.................................................................IC-C Poskanzer Skott Architects....................................14B Provident Bank.......................................................15A Real Property Capital...............................................9A Redwood Realty Advisors.........................................5B Regal Bank..............................................................12A Rittenhouse Appraisals............................................3C Rittenhouse Realty Advisors...................................5C RT Environmental Services.....................................9C SEBCO Laundry Systems........................................2B Sidney E. Gable Associates.............................17B, 8C SNJ AI................................................................18-19A Structuretone............................................................ 7C Subway.................................................................... 29A Sudler Companies..................................................13B Team Resources........................................................2B The Aztec Corporation...........................................10B The Berger Organization.....................................BC-B The Kislak Company................................................8B TRAIMAN................................................................. 4C WCRE...................................................................... 16B Whitesell................................................................... 2B Willow Management Corp.....................................29A
Matthew Gaudet–Walters
Austin Bocchicchio
Q&A with Walters Homes: Lessons Learned Four Years After Hurricane Sandy B ARNEGAT, NJ — Four years ago, one of the most destructive storms to hit the Northeast struck the Jersey Shore, bringing record winds and flooding that de- stroyed homes and lives. The images of Hurricane Sandy’s aftermath remain vivid memo- ries. But many shore residents have rebounded, and rebuilt their damaged homes, making them stronger and safer than they were before the storm. “We learned a lot of lessons from Sandy, and the most important is to be prepared for the unexpected,” said Mat- thew Gaudet–Walters , sales representative and rebuilding expert for Walters Homes. “Af- ter Sandy, Walters Homes took steps to not only rebuild homes but to do so more resiliently.” Walters Homes has been streamlining the entire pro- cess for residents by handling everything from demolition to rebuilding brand-new homes. Since Sandy, the local resi- dential builder, by the end of the year, will have built 220 new homes in coastal locations ranging from Little Egg Har- bor Township to Manasquan. The new homes are elevated on pressure-treated pilings, FEMA flood compliant, Energy Star Certified, and stick built from the ground up. The Jersey Shore landscape has been forever altered by Hurricane Sandy with old cot- tages and bungalows replaced by spacious elevated homes. Walters Homes rebuilding experts, Matthew Gaudet-Wal- ters and Austin Bocchicchio discuss some of these changes and the lessons that residents and builders have learned. Q: What changes in home construction have you seen at the Jersey Shore? Matthew: Teardowns have become commonplace and people are finding that it’s the less expensive route compared to undertaking a major renova- tion. In many cases, they’ve outgrown their old layout and want a more spacious, energy- efficient home. Austin: Those who’ve de- cided not to rebuild are selling lots, making it a great time
The views expressed by contributing columnists are not necessarily representative of the Mid Atlantic Real Estate Journal
protect them in the event of flooding. Q: What are some impor- tant lessons that builders learned since Hurricane Sandy? Matthew: Some of our cus- tomers are going through one of the most difficult times in their lives. They count on us to take them through the build- ing process and make it the best experience possible. By of- fering a turnkey product, we’ve simplified the experience, and in the end, it takes a lot of the pressure off the buyers. Austin: We’ve learned to be proactive when it comes to building a new home so that homeowners are better pre- pared during the next storm. The new energy code, for exam- ple, is evidence the industry is heading in the right direction, and building a high-quality home that is healthier and bet- ter for the environment. Q: Are there any interest- ing rebuild scenarios you could share? Matthew: We had a family in Ortley Beach that had a tragic beginning but a happy ending. A family’s entire house had completely washed away into the bay along with all of their belongings. We built them a new home that was not only a fresh start but it was a place where they could create new memories. (See photo) Austin: We built a fully custom home in Manahawkin for a homeowner in the RREM program (Reconstruction, Re- habilitation, Elevation, and Mitigation). His new home had to match the existing footprint. When I met with him at the property to get preliminary measurements, the back of the house was knee deep in water. His new 700 s/f house is elevated 11 feet in the air, so it’s out of harm’s way. It’s a compact house with an open layout and one of the best views of the bay that we ever built. n
for investors and future shore property owners to buy into the market. There is a decent amount of inventory available all along the coast, and a lot of new people are coming to us that have recently purchased property and want to build something new. Q: What factors should property owners consider when debating between rebuilding and renovating? Matthew: There are so many unknown factors and costs associated with a raise and renovate project. There are lots of considerations such as, will the foundation crack when it’s raised? Can I get a fixed price for the renovation portion of the project? In most cases, a builder cannot predict with 100% accuracy the final cost of a renovation project unless it’s been significantly marked up to cover unexpected costs. Contractors generally charge more to work around existing structures. Austin: Besides the fact that many times it’s less expensive to tear down and rebuild, the resale value is greater on a new home. So with new con- struction, people are getting a house that’s built to their specifications, meets FEMAs guidelines and is designed to A family in Ortley Beach had their entire house completely washed away into the bay. Walters Home built them a new home.
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