Bay Head & Mantoloking Today – August 2019
We continue to enjoy the summer, and hope that you are too! Having said, that, it seems like we’re all looking forward to the milder weather that September brings – cool mornings and evenings, comfortable during the day, and the ocean is still warm! In addition to being hard at work, we both found time to get away for a few days – Suzie and John were in Vermont (at an antique auction), and Ed and Meagan were in Charleston to celebrate her birthday. All is well and busy in both towns, and there was an impressive turnout at last weekend’s Bay Head Fire Company Clam Bake. In other news, we recently launched a new website, to better promote our clients’ properties, and also ourselves. Further enhancements will be added as time permits. For use in a future update, please reply, and let us know of your favorite “new” restaurant – perhaps something beyond the bounds of Bay Head. We will share the results that we receive. If you like to cook (or eat!) you will probably enjoy the monthly recipe videos that we are now sharing on our Facebook page. If you are not on Facebook, please let us know. Last, but not least, we would love it if you would do us the favor of voting for us in the Asbury Park Press “Best of the Best” contest – just follow this link, and click on Real Estate Agent. Please start typing Suzie & Ed into the box, and our names will come up! Thank you!
The video below includes local scenes, and aerial view of the sunrise over the ocean, and views of our newest bayfront listing. Hope you enjoy it!
Around the Towns
In Bay Head, one of the current topics of discussion is the status of the water tower in the center of town – we are told that it will be coming down, but haven’t been told when. What is less certain is what will become of the cell antennas – will they remain at that site in some form, or move elsewhere? So far, no one seems to know. You may have seen the barges coming and going out on the bay, and wondered why – if you didn’t already know, the short answer is that they are dredging many channels throughout the northern part of the bay. You can read more details here. For any of you who use (or who have family who use) electrically operated life support equipment, please read this notice from JCP&L. Two weekends ago was the annual “Glimmer of Hope” fundraiser for Bay Head School art students, and it was well attended! In Mantoloking, one of the current topics is the proposed venue across the bay. On Wednesday night, there was a Brick Board of Adjustment meeting that included this project on the agenda, but we do not yet have an update.
Events
As we approach Labor Day, there are fewer local events to share. The Farmer’s Market continues on Thursdays, and there are two Twilight Lake Sunset Paddles remaining – September 1st and October 6th, at 7:30PM. As we enter into fall, we will start sharing more fall events. Meanwhile, the I Love Bay Head Facebook page is a good source of information about upcoming events.
Meetings
The next Bay Head Council Meeting will be held on September 9th at 7:00PM, and Mantoloking’s next regular Council Meeting is on September 20th, at 5:30PM (agenda setting meeting is on the 13th). The next Bay Head Planning Board meeting is on September 18th at 7:30PM, and the next Mantoloking Planning Board meeting is on September 8th at 6:30PM.
Additional town meetings can be found on the respective websites, linked below. If you can’t find an answer to your question, please let us know.
Market
We continue to see activity in most segments of the market – high, low, and in between. In most instances, buyers are showing a preference for newer, up-to-date homes – turn key, or nearly so. Obviously, there are exceptions to this trend. Often, this time of year, and into September, is when we see a new collection of properties come on the market. Our listings continue to receive showings for the most part, and we have several properties under contract in Bay Head and Mantoloking, including some of our listings. We continue to host open houses at our listings, and generally have good activity at them. There have also been price reductions at some properties in both towns. Current listings, contracts, and closings can be found below.
We are excited to share our newest Mantoloking bayfront listing – 119 Curtis Point Drive – though this one-of-a-kind home is located on the north side of Curtis Point, it is in Mantoloking, not Brick. As such, it benefits from Mantoloking’s low taxes, but also has access to Curtis Point’s private guarded beach (if one joins the association). A sneak peek of it can be seen in the video above.
We will be hosting two open houses this weekend, both on Sunday (8/25) – 242 East Avenue, Bay Head is from 11 to 1, and 214 Channel Lane, Mantoloking is 2 to 4 (bayfront). Please spread the word, and come if you can!
As always, all of our current listings can be found on our website.
Additional details about the current market in both towns can be found below. If you have questions about your property, or another neighborhood, please ask.
In Bay Head, there are currently 32 homes and parcels of land on the market, (down 2 from last month) and 6 properties under contract. In the last 30 days, there have been four closings in Bay Head, including transactions involving us or agents from our office.
In Mantoloking, there are currently 35 homes and parcels of land on the market (no change in total since last month, but the inventory has changed), and 6 properties under contract, including our listings at 1206 Bay Avenue and 1038 Barnegat Lane. In the last 30 days, there have been two closings in Mantoloking, including our listing at 944 Ocean Avenue (our listing and sale, $1,790,000), as well as 952 South Lagoon Lane ($3,200,000, not our transaction). If you would like to receive more frequent updates, you can also follow us on Facebook and Instagram (#suzieandedrealtors), or please give us a call.
We always welcome your comments, suggestions for topics, and other feedback. If there is a particular topic that you would like us to cover, or a question that you need an answer to, please let us know.
Thank you, and have a wonderful (happy, fun, and safe) Labor Day Weekend!
We are here if you need us!
Ed and Suzie
All statistics are per the Monmouth/Ocean MLS as of 8/22/19.