You can buy this Jersey Shore house with Bitcoin

Keep your cash. Avoid a high interest rate mortgage. This New Jersey house for sale lets you pay with cryptocurrency.

A property under construction just hit the market in Sea Bright and the listing says the buyer can pay with Bitcoin.

“I was speaking with the seller, and they’re very big into Bitcoin, and I told them it would be a very good idea to say we would accept Bitcoin for the house,” said Anthony Romano of O’Brien Realty Oceanport, the listing agent. “It would bring good exposure to the listing. There are a lot of people who own cryptocurrency and Bitcoin and would want to use it to buy an asset like real estate.”

It’s unclear whether any real estate transactions in New Jersey have been completed with cryptocurrency.

Romano said he remembers a listing back around 2018 that said the seller would accept Bitcoin but the property didn’t end up closing with cryptocurrency.

A spokesperson for New Jersey Realtors said the trade organization doesn’t “have any recent data on crypto in NJ real estate and are not aware of anyone actively involved in those transactions.”

It is the only listing in New Jersey on Realtor.com that has the word “Bitcoin” in the listing. And there are no listings with the word “cryptocurrency.”

The value of Bitcoin is ever-changing. At midday on Friday, one Bitcoin was valued at $62,261.70. So at that exchange rate, the $4,456,900 home would cost 71.58 Bitcoin.

The property’s listing officially became active on Monday.

Located on Island View Way, the house has six bedrooms, all with ensuite bathrooms, plus one half bathroom. It is still under construction. The exterior is almost complete and the inside was sheetrocked a few weeks ago, Romano said.

“They’re hoping a buyer comes in who can pick their own finishes,” he said, adding that the house could be completed for use this summer.

It will have a pool on the roof, an elevator and while it’s one house back from the water, it has views of the Navesink and Shrewsbury rivers, Romano said.

“It’s a show-stopper,” he said.

Are you an agent, buyer or seller who is active in this changing market? Do you have tips about New Jersey’s real estate market? Unusual listings? Let us know.

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Allison Pries may be reached at apries@njadvancemedia.com.