There’s no denying that the gentrifying-at-lightning-speed town of Asbury Park, NJ is one of the state’s hippest cities (it even got the Times treatment this weekend). One of the key players in the resurgence has been the Smith Group, who’ve opened some of Asbury’s most popular bars and restaurants, as well as a condo project. The developer is now hoping to replicate this success in Burlington, NJ, a historic city on the Delaware River just 90 minutes outside NYC. And though the transformation is already underway (Smith bought four old homes and is turning a decommissioned firehouse into a trendy restaurant/bar), the time to buy in Burlington is now, as gorgeous 18th- and 19th-century homes can still be gotten for a bargain. Take this 1793 Italianate stunner; it’s situated on a half-acre corner lot, occupies 3,300 square feet, and is asking just $278,950 (h/t CIRCA).