Happy Fall! All is well here, and we hope that the same is true for you!
The whales are back! They have been seen off of Bay Head and Mantoloking recently, and you can see a quick video of one here.
We continue to enjoy and appreciate an active Bay Head and Mantoloking market. Many but not all listings continue to receive good activity, and some of them have recently closed over asking price. More details below. Have you recently checked your equity in your home? You can find three AI generated values here, but if you'd like, we'd but happy to send you an equity report, showing your purchase price, and any appreciation since then, and other details (just reply to this email).
The beaches in both towns remain essentially unchanged since our last update. There is still no news to be had regarding beach renourishment.
The Bay Head Halloween Parade and Costume Contest is this Saturday (October 28th) - details and online registration can be found here.
Other News
In Bay Head, a new "tree" (cell tower) is now fully grown in the town recycling yard. We are told that it is not yet active, but once it is, the temporary tower at the firehouse will come down.
The Bay Head Christmas Walk is just over a month away, and will take place on the evening of Friday, December 1st. Details can be found here.
Meetings and Events
- October 28th, Bay Head Halloween Parade - 11am to 1pm
- November 2nd, Mantoloking Planning Board Meeting, 6:30pm
- November 6th, Bay Head Council Meeting, 7:00pm
- November 13th, Mantoloking Council Meeting, 5:30pm
- December 1st, Bay Head Christmas Walk - approximate start of 6:00pm
Market
The market as a whole has remained busy since our last update. We have had four closings - 1089 Barnegat Lane, Mantoloking (asking $3,000,000), 653 Lake Avenue, Bay Head (closed at $1,300,000), and 1711 Perch Hole Point Place, Point Pleasant (asking $1,875,000). Also, a client of ours recently purchased a luxury oceanfront condominium in Long Bracnch. There have also been other closings in both towns, at various price points. Having said that, there have also been some price reductions, specifically at 141 Maple Drive and 118 Park Avenue in Bay Head. We will be having an open house at our listing at 47 Mount Street from 1 to 3pm on Saturday (10/28).
For further insights and market statistics, please visit our blog to read our October market update.
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 would like to offer your home for rent for any portion of next season, please let us know. Tenants are already making plans for next summer.
Please reply to this email with your questions.
Have a Happy Halloween!
Suzie and Ed
All statistics are per Monmouth/Ocean MLS as of 10/2023.
