Local and Real Estate News Archives - Page 2 of 39 - Suzie & Ed, Diane Turton, Realtors

We hope that you enjoyed the holidays, and that your year is off to a good start! We have a variety of news and updates for you! Happily, all is relatively quiet in both towns – we’ve had a mild winter thus far, so the beaches are in good shape! Ed and Meagan now have a very cute (an unbiased opinion of course!) 4 month old Portuguese Water Dog puppy – if you’d like to see a photo of him, just reply, and let us know – his name is Bowline!

News and Events

This time of year is quiet in regards to events – everyone has winter vacations or warm weather on their minds! The usual town meetings are taking place (Bay Head Calendar | Mantoloking Calendar), but there is not much else on the calendar.

Though we’ve had a mild (warm) winter so far, and minimal beach erosion, we did have some very cold temperatures around Christmas, and higher than average flooding! The lows were in the single digits, and there was even sea smoke (which can be seen in this month’s video)! We recently had a Coastal Flood Advisory, and the next couple of days could be stormy! This link will take you to the latest National Weather Service briefing for this storm. Note: The above link does not change – if there is a big storm forecast for our area, check this link for the latest briefing.

In other news, the summer rental market is quite healthy for 2023 – many properties are already rented, and others remain in demand. We have a brand new rental on Club Drive – 1 year old house, with a pool – never rented before, available for the last two weeks of August (only), and many other rentals can be found here.

We are also pleased to share that our company was #1 in Bay Head and Mantoloking in 2022 in regards to units and dollar volume sold. Also, personally, we are one of the top 5 teams/agents in Bay Head and Mantoloking for 2022! Thank you to our clients, friends, and family that made our success possible! (Please see this month’s market update for more details and charts)

We’ve also created a gallery of some of Ed’s local photos from the last two months, around Bay Head and Mantoloking – that can be found here.

Market

You can find our Bay Head and Mantoloking market update for January here.

Inventory remains quite limited in both towns – as of this time, there are only 5 homes for sale in Bay Head, and none in Mantoloking. Though inventory is projected to increase, slowly, no one is predicting a dramatic change in inventory. As far pricing, opinions vary, but happily, our market is special, and is somewhat resistant to change. Here are some of the industry experts’ opinions on home pricing in 2023.

Also, this Saturday, we will be hosting an open house at 134 Bridge Avenue, 1pm to 3pm.

As always, you can find our current listings here, as well as a number of properties being marketed by agents in our office.

Thank you, be well, and stay warm, wherever you may be!

Suzie and Ed

We wish you healthy and happiness during the holiday season, and throughout the year! Suzie & Ed

We hope that your fall is off to a good start, and that you were not affected by Hurricane Ian. Locally, we have experienced more than four days of heavy winds and rains, resulting in beach erosion in Bay Head and Mantoloking. Happily, the winds have died, the rain has stopped, and the sun is now out. Bay Head’s beaches are in worse shape than Mantoloking’s – aerial views from after the storm and other photos and videos from during the storm are included in the video below. The PPBHS town wide garage sale is not taking place this year, but an alternate garage sale event has been scheduled for October 8th, rain date, October 9th. All participants will be responsible for their own permits. Those interested in participating should email denisebou@aol.com. Participating addresses are listed below.

Other News

Bay Head

We are told that the contract for beach renourishment is out for bid, but work would be unlikely to start any sooner than sometime in the late Spring. We will share more details when we receive them. Bay Head’s off season garbage pickup schedule has also started – Monday and Thursday, town-wide, October through March.

Mantoloking

Dune grass will be available as of November 4th – oceanfront owners can contact the borough hall to arrange pickup or dropoff. Also the fall/winter garbage schedule has started – Monday for garbage, Wednesday for recycling, and bulk pickup is the 4th Monday of each month.

Meetings

Bay Head – Council Meeting, November 7th, 7:00PM, Planning Board Meeting, November 9th, 6:30PM [Full calendar available here.]

Mantoloking – Council Meeting, October 18th, 5:30PM [Full calendar available here.]

Upcoming Events

The Shark Run 5K has been rescheduled for October 22nd, due to weather. All other details remain unchanged.

Mantoloking Beach Cleanup – Working together with Clean Ocean Action, the Mantoloking Environmental Commission is hosting a beach cleanup – October 22nd, 9am to 12:30pm, Lyman Street Beach. Preregistration is required here.

“Town Wide” garage sale participants: MANTOLOKING: 106 MATHIS PLACE, 919 EAST AVENUE, 982 BARNEGAT, 300 OLD BRIDGE

BAY HEAD: 206 OSBORNE

POINT BEACH: 115 FORMAN

Market

In Bay Head and Mantoloking, inventory remains limited, but properties continue to come on the market, and continue to sell. There are a few properties that are lingering on the market longer than the current average. Certainly, the recent fluctuation in the stock market and interests rates has had some effect on our market, as has inflation. Our September Market Update can be found here.

We recently had a closing at 36 Bay Point Harbour ($1,237,500), and received a new listing at 134 Bridge Avenue, Bay Head. Year to date, our office has had 19 closings in Bay Head and Mantoloking combined, including 7 in which our office represented the buyers and the sellers. This of course includes a number of our transactions. Our office’s most recent significant closing was at 36 Howe Street, Bay Head, at a price of $4,100,000 (asking $4,200,000). We were also just named Salespeople of the Month for the Bay Head Office for September. Thank you to our clients, friends, and family who help make this possible!

As always, you can find our current listings here, as well as a number of properties being marketed by agents in our office.

If you have any questions, please reply to this email, and let us know.

Thank you, and have a a great fall!

Suzie and Ed

We hope that your summer is off to a good start! All is well and busy here, and we are looking forward to the 4th of July festivities! Beaches are open in both towns, and badges are now required as usual.

The Bay Head Historical Society recently opened their new exhibit about the history of Bay Head’s beaches – it is open Saturdays and Sundays, 1 to 4pm. Features include many historic photos and other items, as well as my recent aerial video of Bay Head’s beaches.

We’re also pleased to announce that we were recently named by RealTrends as being in the top 1.5% of 1.6 million licensed realtors in the US.

This Sunday (7/3), we will be hosting an open house at 950 South Lagoon Lane from 1 to 3pm. If you have any interest, or know someone who might be interested, please stop by, or spread the word!

Below you’ll find a few upcoming 4th of July events, an update on the market, and our video, that contains all of this, and more!

Meetings

Bay Head – Council Meeting, July 11th, 7:00PM, Planning Board Meeting, July 20th, 6:30PM [Full calendar available here.]

Mantoloking – Planning Board Meeting, July 7th, 6:30PM, Council Meeting, July 19th, 5:30PM [Full calendar available here.]

Upcoming Events

Sunday, July 3rd, 8:00PM – Lavallette Concert and Fireworks – bayside by the gazebo, south of Lavallette Yacht Club – best attended by boat if possible.

Monday, July 4th, 10:30AM – Bay Head’s 4th of July Bike Parade – Meet at Sacred Heart Church – Registration and details here.

Monday, July 4th – 12:00PM – Mantoloking’s 4th of July Parade

Bay Head Fire Company’s Annual Clambake – August 20th

Market

Inventory in Bay Head and Mantoloking is still limited as homes continue to go under contract. Some listings have gone under contract quite quickly, and others that were on the market for a significant period of time are now under contract or closed. Our June Market Update can be found here.

In our opinion, though rising interest rates may have some effect on the Bay Head and Mantoloking market, inventory is likely to remain limited, and prices are likely to remain strong, though we have seen some price reductions in specific instances.

Additionally, a variety of expert opinions on what the remainder of the 2022 market might bring can be found here: 2022 Market Forecast.

As always, you can find our current listings here, as well as a number of properties being marketed by agents in our office.

If you have any questions, please reply to this email, and let us know.

Thank you, and have a fun and save 4th of July weekend! 🙂

Suzie and Ed

We hope that you’re having a good spring so far, in spite of the 20 degree temperatures here recently! All is well here in Bay Head and Mantoloking.

This month’s video features our aerial survey of almost 10,000 feet of Bay Head and Mantoloking beaches, at low tide. Happily, everything appears to be in pretty good shape!

Spring Happenings

Starting April 4th, Bay Head and Mantoloking will switch to their summer garbage and recycling collection schedules:

– Bay Head – Garbage, Tuesday and Friday, north of Bridge, Monday and Thursday,

south of Bridge.

– Mantoloking – Garbage, Mondays and Thursdays, recycling, Wednesdays.

On Saturday, April 9th from 9 to 12:30, Clean Ocean Action is hosting its annual Beach Sweeps. For Mantoloking, meet at Lyman Street, for Bay Head, meet at Beach House Classic Boardshop bring gloves, a bag or container, and wear proper shoes. Pre-registration on the Clean Ocean Action website is required.

As an aside, Earth Day is April 22nd, with events everywhere! In Mantoloking, one can pick up a free tree seedling (donated by the NJ Tree Recovery Campaign) at the Mantoloking Borough Hall from 11am to 2pm. The type of tree will not be known until the 21st.

On May 14th (rain date, Sunday, May 15th) the town-wide garage sale for Bay Head, Mantoloking and Point Pleasant Beach will be held, to benefit the Point Pleasant Beach PTO. Registration details can be found here.

In other news, Bay Head was recently named as the best place to live in Ocean County by Niche.com!. Ocean County also recently announced a Special Needs Registry – anyone with a disability who lives, works or attends school in Ocean County is encouraged to register. The system is intended to help emergency personnel assist those with special needs in the event of an emergency.

At this time, the real estate market in Bay Head and Mantoloking remains active, with limited inventory – at the time this was written, there were only 9 homes for sale in Bay Head and Mantoloking combined. You can find our latest market report on our website.

Our newest bayfront listing is at 950 South Lagoon Lane, and can also be found on our website.

As always, please reply to this email or reach out with any questions.

Memorial Day is not far off and we look forward to seeing you again soon!

Ed & Suzie

All statistics are per the Monmouth/Ocean MLS as of 3/30/22.

We hope that you’re having a good winter, and that you’re looking forward to Spring! It seems like we’re all having unseasonably warm or cold whether, regardless of where we are in the country! We have had temperatures in the 60s here in Bay Head and Mantoloking, and have heard of near freezing temperatures in Florida!

In a recent article, Mantoloking was ranked as the “safest small town in New Jersey!”

The video below includes our monthly update about the market, all that is going in in Bay Head and Mantoloking, and a bit of local scenery. We hope that you enjoy it! If you have any questions, please let us know!

Events

Events right now are relatively few and far between, but just a few months away is the Seaweeders’ Garden Tour, Boutique, and Luncheon. It will be held on June 16th from 10am to 3pm. Please contact (631) 786-783 for details, or ask a Seaweeder!

Meetings

Many meetings remain online, while others are also in person – the best source of information right now is the town websites – check for frequent updates and changes. Bay Head and Mantoloking both offer “dial-in” options for the public to attend many of their meetings. Zoom connections are also offered, and the details are generally shared with the meeting notices.

If you can’t find an answer to your question, please let us know.

Bay Head | Mantoloking

Market

The market remains active, but inventory remains limited. Most homes coming on the market are selling quite quickly. National Association of Realtors statistics show that

“79% of homes sold in January 2022 were on the market for less than a month.”

Recently two homes in Bay Head went under contract quite quickly – one in a weekend – Friday to Monday – the other in about 13 days.

At the moment there are 7 homes for sale in Bay Head and Mantoloking combined. Currently there are 7 homes under contract in Bay Head and Mantoloking. Happily, a number of these transactions are our listings or sales, and many of the others involve agents in our office or company. There have been 3 closings in the last 30 days in the two towns combined. One closing was of our listing at 202 Park Avenue, and the other two were listed and/or sold by agents in our office and company.

Further details and discussion can be found in our February Market Update, and in this article quoting industry experts at the national level.

As always, our current listings can be found on our website.

If someone you know might enjoy these updates or find them useful, please let us know, or have them contact us.

Stay safe and warm, and we look forward to seeing you in the spring!

THANK YOU!

Ed and Suzie

All statistics are per the Monmouth/Ocean MLS as of 2/24/22.

We wish you a Merry Christmas and a Happy and Healthy New Year! Suzie & Ed

We hope that you had a great Thanksgiving, and that you’re enjoying the start of the holiday season!

The market remains active, but inventory remains limited. You can find our most recent market update here. In Bay Head, as you’ll see in the video below, the old water tower is in the process of being taken down – half of the tank is now gone!

This Friday is the Bay Head Christmas Walk, with events continuing through the weekend. The poster of all events can be seen below, and details can be found on our website.

Thank you, and as always, please reach out to us with any questions!

Ed and Suzie

All remains well and busy here and there is relatively little news to report from either Bay Head or Mantoloking. The recent storms brought wind, rain and flooding, but no significant damage that we are aware of. The biggest news is a change that FEMA has made to how they rate homes in regards to flood insurance premiums. Details about this can be found in the video, and in the text below. The video also includes local scenery from throughout the month (including the recent stormy weather). We have also compiled some fall favorites – local activities, restaurants, and more. We hope you enjoy them!

Flood Insurance Update

FEMA recently adopted a more modern method via which to rate properties in order to determine flood insurance premiums. The goal is to rate properties based on their unique risk characteristics, rather than simply on flood zone and elevation. There is less reliance on traditional elevation certificates, and more reliance on the location of the property (distance to water), square footage, location of machinery, style of construction (and how it relates to cost to rebuild), and the size and number of flood vents, to name a few items. These changes will immediately affect new policies, existing policies will likely not be affected until April 1, 2022, or their renewal date. We are told that some premiums will decrease, while others will increase, but every property’s situation is unique. Per FEMA, these changes do not alter flood mapping or insurance requirements. You can find more resources regarding these changes here (FEMA). Also, two printable documents: Simple Guide for Single Family Homes (coverage limits, deductibles, structure definitions) and New Jersey – Risk Rating 2.0 (premium changes and mitigation). If you have questions about any of these changes, please let us know, and we can put you in touch with our flood insurance contacts.

Events

There are a number of Halloween events in Bay Head this Saturday and Sunday, including a parade/costume contest, pumpkin contest, and pet parade. Details and registration information can be found at bayheadlife.com.

Meetings

Many meetings remain online, though some are also in person – the best source of information right now is the town websites – check for frequent updates and changes. Bay Head and Mantoloking both offer “dial-in” options for the public to attend many of their meetings. Zoom connections are also offered, and the details are generally shared with the meeting notices.

If you can’t find an answer to your question, please let us know.

Bay Head | Mantoloking

Market

The market conditions that we have recently discussed remain largely unchanged – inventory remains low, prices remain high, but there have been a few instances of price reductions. In about two weeks, we will be attending a webinar offered by Altos, one of the leaders in real estate market data, regarding their predictions for 2022. We should have more insight from this in our November update.

At the moment there are 16 homes for sale in Bay Head and Mantoloking combined. Currently there are 10 homes under contract in Bay Head and Mantoloking. Happily, 4 of these transactions are our listings or sales, and many of the others involve agents in our office or company. There have been 2 closings in the last 30 days in the two towns combined.

Further details and discussion can be found in our October Market Update.

As always, our current listings can be found on our website.

If someone you know might enjoy these updates or find them useful, please let us know, or have them contact us.

Have a Happy Halloween, and we hope that you are able to enjoy Thanksgiving with your family!

THANK YOU!

Ed and Suzie

All statistics are per the Monmouth/Ocean MLS as of 10/27/21.

Happy Fall! We hope that your fall is off to a good start, wherever you may be. In the Bay Head and Mantoloking area, we’ve had a classic start – warm days, cool nights, the water is still warm, and beach is still nice! We have seen whales and dolphins just off the beach, so if you’re up there, keep an eye out! Our video below includes some recent dolphin photos. Also, this morning, we spotted a pair of otters swimming in Scow Ditch! Happily, all is well and busy, with no dramatic news from either town.

Around the Towns

From various sources, government agencies warn of a number of instances of rabid raccoons in the general area – be sure that your pets are vaccinated, and watch out for any animals behaving strangely. In Bay Head, efforts to protect Twilight Lake from NJ Transit projects continue. In Mantoloking, the town will receive its allotment of dune grass on November 5th – oceanfront home owners should contact the borough hall to arrange for pickup or drop off. Details can be found here. Both towns have switched to their off-season garbage and/or recycling schedules. In Mantoloking, garbage will be picked up on Mondays, recycling on Thursday, and bulk pickup on the 4th Monday of each month. In Bay Head, garbage will be picked up on Thursdays, for the entire town. Last but not least, the new Mantoloking police boat has arrived!

Events

Halloween Parade and Costume Contest – Sunday, October 31st, 11AM to 1PM. Details and registration can be found here.

Bay Head’s “Sidewalk Sale Days” continue October 15th, 16th, and 17th (Friday, Saturday, Sunday), with many businesses participating. As currently scheduled, this is the last weekend of the season.

If you are on Facebook, you can find many upcoming events on the I Love Bay Head page.

Meetings

Bay Head Planning Board Meeting – October 20th, 7:00pm, Virtual Only. Access details:

Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/480547837

You can also dial in using your phone.
United States (Toll Free): 1 877 568 4106
United States: +1 (646) 749-3129

Access Code: 480-547-837

Mantoloking Council Meeting – October 19th, 5:30pm, In person and Virtual – details can be found on the borough website.

Mantoloking Environmental Commission Meeting – October 21st, 3:00pm, In person and Virtual – details can be found on the borough website.

Many meetings remain online – the best source of information right now is the town websites – check for frequent updates and changes. Bay Head and Mantoloking both offer “dial-in” options for the public to attend their meetings. Zoom connections are also offered, and the details are generally shared with the meeting notices.

If you can’t find an answer to your question, please let us know.

Bay Head | Mantoloking

Market

The inventory of homes for sale in Bay Head and Mantoloking remains limited, and the inventory in Bay Point Harbour is limited too. Our new listing at 526 East Avenue, Bay Head went under contract quickly, in approximately 17 days, and a recent listing in Bay Point Harbour (not our listing) recently went under contract in only 9 days. Some listings are still receiving multiple offers, however, some listings in the market are sitting, and others have had price reductions – something that we have seen less of in the recent past. We recently had an oceanfront closing at 3628 Ocean Terrace in the Lavallette section of Toms River – $5,300,000.

At the moment there are 18 homes for sale in Bay Head and Mantoloking combined. Currently there are 7 homes under contract in Bay Head and Mantoloking. There have been 3 closings in the last 60 days in the two towns combined.

Further details and discussion can be found in our September Market Update.

As always, our current listings can be found on our website.

If you have any questions, please reply to this email and let us know.

Stay healthy, and enjoy the mild fall weather that we’re having!

THANK YOU!

Ed and Suzie

All statistics are per the Monmouth/Ocean MLS as of 10/6/21.