A new oceanfront house in Stone Harbor, New Jersey, recently sold for a record-breaking price of $12 million. This sale marks the highest recorded single-family property sale in the town. The property, located at 8808 First Avenue, is a single-family home with a total area of 4,750 square feet. With a price per square foot of $2,526, the house offers luxurious living space for its new owners. The lot spans 9,250 square feet, translating to a price per lot square footage of $1,297.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,000,000
• Date: 05/31/2023
• Market: Stone Harbor
• Buyer's Representative: Diller & Fisher Realtors
• Seller's Representative: Nicholas Giuffre - Compass

This successful transaction was overseen by Diller & Fisher Realtors, who represented the buyer, and Nicholas Giuffre of Compass, who represented the seller. Their expertise and guidance played a crucial role in finalizing the sale of this remarkable oceanfront property.