The money has been made ... at least for the short term.... poor asbury delayed building when the market was good for sellers (when bruce did the today show) now too many homes are owned by investors that are losing money everyday.

I lived across the lake bought the house for $289,000 and sold it 3 years later for $651,000 now it would sell for 500,000...

Always hard to say when an area will reach its full potential. I've been following what's going on down there and many are keeping a close eye. What's important is that there is dramatic development and activity. If you look at cities like Hoboken and Jersey City. They are continuing to grow and improve even after as much as 15-20 years and it's hard to say when they'll reach their full potential. Even Newark has enjoyed a renaissance. I would expect Asbury Park to continue to have equity growth and hopefully become more and more desirable and have more and more equity growth as time goes on.