Labor Day is fast approaching and we hope that you've had a great summer! As you know, though, if you are here in September, it is one of the best months!
If you make it up to the beach, keep an eye out - there are many things to see - whales, dolphins, skates, and rays have all been seen there recently!
We now have the ability to share more urgent Bay Head and Mantoloking updates with you via text - eg - storm and flooding alerts, road closures, event update, and more. This includes items that might not "keep" for a month.
Other News
As you may be aware, new real estate regulations went into effect in New Jersey on August 17th, and on a similar schedule across the country. Many documents have been revised as a result of the new regulations, and signed buyer agency agreements are now required prior to any homes being shown to any buyer. There are also changes to the listing agreements that are used when a home is listed for sale. Further details can be found in our recent blog post, and we are happy to answer any questions that you may have, whether via phone, email, or in person.
Manasquan Inlet has been in the news a lot recently, due to unprecedented shoaling seen there. There is a large sandy shoal, inside the inlet, along the south jetty. The US Army Corps of Engineers dregde, Murden, is working diligently to remove this obstacle. The shoal has made the inlet less navigable, and less safe. You can see our video (now about two weeks old) of the shoaling here.
Meetings and Events
- Mantoloking Planning Board Meeting - Thursday, September 5th, 6:30pm
- Mayor's Sunset Gathering, Sunday, September 1st, 7:00pm - corner of Lake Avenue and Twilight, north end of Twilight Lake
- Bay Head Bonfire - Saturday, September 7th, 7:00pm to 9:00pm
- Bay Head Council Meeting, Monday, September 9th, 7:00pm
- Bay Head Mayor's Chili Cook-off - Saturday, September 14th, 12:00 to 2:00pm
- Mantoloking Council Meeting - Tuesday, September 17th, 5:30pm
- Bay Head Planning Board Meeting - Wednesday, September 18th, 6:30pm
Market
The Bay Head and Mantoloking real estate market has remained active in July and August, but there has been less activity at the higher end of the market - eg - over $5,000,000. Under $2,000,000, there is more activity, but inventory is still limited. There is also very little inventory in the "middle" of the market.
For further insights and market statistics, please visit our blog to read our August Market Update.
Equity Reports and Home Values
If you are curious about your home's value, you can find three AI generated values here, but if you'd like, we'd be happy to send you an equity report, showing your purchase price, and any appreciation since then, a computed market value, and other details (just reply to this email).
Local Photos and Videos
A selection of Ed's local photos from the last month can be found here. You can see some of our recent videos on our Youtube channel (and you may want to subscribe to our channel for future updates).
If you know anyone who would enjoy these updates, feel free to forward this email, or ask them to get in touch with us.
Have a safe and enjoyable Labor Day weekend!
Suzie and Ed
All statistics are per Monmouth/Ocean MLS as of 8/5/24.
