Bay Head & Mantoloking Today – January 2020 – NJ Transit, Beaches, Spring Market
We hope that 2020 is off to a happy and healthy start for you! All is well and busy here, and the weather has been mild. As a result, buyers are out looking around sooner than average, and there is a handful of new listings that have come on the market, earlier than average. Here is an article with some predictions about the spring real estate season and also some data. After Christmas, Island Beach State Park put out a call for Christmas trees to place in the dunes to help stabilize them – they wanted 200, and got 2000. There’s a good story about it here. In other news, Europa South and Point Lobster are joining forces to create a new restaurant, featuring the best of both! You can read all about it here.
As some of you may know, we periodically mail out our magazine, American Lifestyle (containing articles regarding food, travel, art, and many other topics). We are now offering a digital version – if you would like to receive it, please let us know (just reply to this email).
As always, we hope that you enjoy this month’s video below! If you would enjoy seeing an aerial view of your home or property, please let us know, and we’ll see what we can do, especially as nicer weather approaches!
Around the Towns
At the beach in Bay Head the groins (jetty) that were covered by the replenishment are playing peek-a-boo – some weeks, they’re visible, others they are not! We’ll see what happens when summer comes. Meanwhile, Mantoloking has asked for feedback regarding its beaches in 2019 – click here for the details, and to share feedback, good or bad. The water tower (and cell phone antenna) in Bay Head continues to be a topic of discussion – we are told that the water tower is coming down, but the question is, where might a cell tower go? If it remains on water company property, they get the revenue – but the town would love to have the income. If a new tower were placed on town property, the town would get the income, but no one wants a tower in their backyard!
In other news, NJ Transit has recently announced their intent to start construction of a new substation building on their property in Bay Head. This is a continuation of the project that was discussed back in 2014. The NJ Transit press release can be found here. We are told that construction will start in late January, and various phases of work will continue through the summer. The new building is reported to be 38 feet high, and will be quite close to the wetlands of Twilight Lake.
Events
This time of year, there aren’t many events to share, but looking WAY ahead, there is the Seaweeder’s Garden Tour on June 18th, from 10AM to 3PM. Tickets can be purchased via PayPal. We’ll remind you again as the event approaches!
The I Love Bay Head and Suzie & Ed Facebook pages are also good sources of information about upcoming events. If you are not on Facebook (or even if you are), always feel free to call or email with any questions.
Meetings
The next Bay Head Council Meeting will be held on February 3rd at 7:00PM, and Mantoloking’s next regular Council Meeting is on February 18th, at 5:30PM (the January meeting is today, 1/21). The next Bay Head Planning Board meeting is on February 19th at 7:30PM, and the next Mantoloking Planning Board meeting is on February 6th at 6:30PM.
Mantoloking’s borough hall will be closed on President’s Day, February 17th, and it is likely that Bay Head will follow a similar schedule.
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
Though the market typically slows around the holidays, the mild weather has kept things active, both in December, and now in January. Earlier in January, our listing at 119 Curtis Point Drive sold for $6,100,000 (one of only four homes on Curtis Point that are in Mantoloking). We also have some new listings, with more in the works. Our most recent listing is 71 Driftwood Drive, in the Sandy Point section of Brick (waterfront). Here you can see a chart of our company’s waterfront and water view sales volume for 2019.
In 2019, 47 single family homes were sold in Bay Head and Mantoloking, per the MLS. There are a few private sales that are not included in this total. For the same time period, there were 6 land sales, again, per the MLS. In 2018, 45 homes and 6 parcels of land were sold in the two towns combined, again, per the MLS.
As always, all of our current listings can be found on our website.
If you have questions about your property, or another neighborhood, please ask.
In Bay Head, there are currently 21 homes and parcels of land on the market, and 6 properties under contract. Since December 1st, there have been 3 closings in Bay Head.
In Mantoloking, there are currently 26 homes and parcels of land on the market, and 4 properties under contract. There have been 4 closings in Mantoloking since December 1st (including our listing at 119 Curtis Point Drive). 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, or ask us about Homebeat.
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.
If you have questions about your own property, or know someone (near or far), who is talking about moving, please keep us in mind. If the contemplated move is outside of the areas we serve, we can happily provide a referral to a well qualified agent just about anywhere.
Have a happy, warm, safe, and fun winter, if you need us, just let us know.
Thank you!
Ed and Suzie
All statistics are per the Monmouth/Ocean MLS as of 1/21/20.