I personally and not an advocate of condos as you are always subject to future unforseen assessements. However, I have many clients who prefer conos as a second home for convenience reasons and are willing to take the risk. Therefore, I'd vote for the "cozy, quaint, home."
However, I am not sure where u are going to find either type home in either area in that price range.
As for Belmar/Bradley/Avon vs. Mantoloking, frankly, it is a personal choice. In my view, most Jersey Shore areas hold their value quite well.
Francesca Patrizio, Broker Sales Associate, ePro, SRES