Sell or hold?? Help please

[Allen Collins]

Hey guys I have a scenario I would love some opinions on. 

I currently own a home in NJ and I have saved enough to be able to purchase another home. We are moving soon (2 hrs away) and I'm stuck on what to do with my current home. We owe about 215k on it and expect to sell for 325-340k. I'm in a hot area, 20 mins from the beach, direct access to all major highways and a mile from a county park that people absolutely love, huge reservoir with a 5 mile trail loop. Our mortgage is $1600, current rents in this area for this home are $2-2500. We did a ton of work to this house, it needs no work, new roof, new heat and A/C, hot water heater, finished basement, new Andersen windows, new landscape with a private backyard. Since everything is update everything I put away for CAP EX and repairs will likely grow and be a nice reserve for down the road.

My other option is to sell, take the 100k+ and hang onto it until I find a home closer to where I'm moving to invest. The area I'm moving to is a lot more affordable in an area that is being developed and growing, whereas my current area is already extremely populated. The area we are moving to is near a ski resoirt, the Appalachian trail and lots of outdoor activities. I don't see gaining much in equity at the current home but in the new area I see equity growing as the population grows. They also have plans to build another huge resort hotel and hard rock. Any input would be greatly appreciated. 

Also, this new area is Vernon NJ in Sussex County, if anyone is in this area I would love to connect! Thanks for reading.