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Bay Head & Mantoloking Today™ - May 2024

Your monthly update on Bay Head & Mantoloking real estate, market trends, local events, and community news.
Edwin (Ed) O’Malley  |  May 28, 2024
We hope that you had a safe Memorial Day weekend, and that you're looking forward to summer! Bay Head honored and remembered those gave their lives in service to our country on Saturday, with a commemoration at the borough hall.
 
Bay Head recently bulldozed sand up onto their dunes, and repaired the access points in the process. Most if not all Bay Head access points are now open, and all Mantoloking access points are open (though the ramp and Downer Avenue remains damaged).
 
We recently launched a service that allows us to share more timely "urgent" updates (hurricane or flooding updates, for example) with you via text. This includes items that might not "keep" for a month.
 
 

Other News

In spite of the mixed foggy weather, both towns were quite busy over the long weekend, and traffic was heavy. As a reminder, beach badges will soon be required in both towns, so be sure to buy them if you haven't already.
 
On June 20th, the Seaweeders are hosting their garden tour (fundraiser) from 10:00am to 3:00pm. This includes a self guided tour of carefully selected Bay Head and Mantoloking gardens, and lunch and a boutique at Bay Head Yacht Club. Tickets and details can be found here.
 
Mantoloking just shared the results of a speed study on Barnegat Lane. This is in part the data behind the discussion of speed bumps proposed for that location.
 
Meteorologists have predicted a much more active hurricane season for 2024, and the season officially starts June 1st. You can read more here about Colorado State's hurricane forecast here.
 

Meetings and Events

  • June 2nd, 7:00pm - Mayor's Sunset Gathering - corner of Twilight and Lake, Bay Head
  • June 3rd, Bay Head Bulk Pickup
  • June 3rd, Bay Head Council Meeting - 7:00pm
  • June 6th, Mantoloking Planning Board Meeting - 6:30pm
  • June 18th, Mantoloking Council Meeting - 5:30pm
  • June 19th, Bay Head Planning Board Meeting - 6:30pm
  • June 20th - Seaweeder's Garden Tour (fundraiser) - 10:00am to 3:00pm

Market

The market in Bay Head, Mantoloking, and the surrounding area remains healthy and active, with a good number of closings in the recent past. Our listing at 47 Mount Street recently sold for the full asking price of $2,200,000, and our recent listings at 254 Curtis Point Drive and 384 Western Avenue (Bay Head) have gone under contract quickly, with multiple offers.
 
We also recently helped clients of ours purchase 1021 Barnegat Lane, Manrtoloking ($2,025,000), and a new oceafront home, at 1073 Ocean Avenue, Mantoloking
 
When well priced, properties are selling, but if not, they are sitting, and reducing their prices in some instances.
 
You can browse all Bay Head homes for sale here, and all Mantoloking homes for sale here.
 
For further insights and market statistics, please visit our blog to read our ​May 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.
 
Thank you, and we hope to see you around town soon!
 
All statistics are per Monmouth/Ocean MLS as of 5/7/24.

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