Jim, Port Monmouth has been hurt by perceptions of what happened in much of coastal Monmouth County in Super Storm Sandy. On top of that, for years and years folks have talked about living on the "dry side" and the "wet side" of NJ Route 36. Although there's some truth to these perceptions, there also are parts of Port Monmouth that weren't affected by Sandy, and which are dry. Current prices have been depressed by some unfounded perceptions, so buyers may have a "window of opportunity" to get some good values. On the other hand, those perceptions aren't going to change over night, so don't count on rapid price appreciation.
If you're considering a condo community, The Dunes is a great place to look at. It was the first complex in this area to be built high above the flood level, and several of the units are direct water front with beautiful unobstructed views of Sandy Hook Bay and NYC in the distance.
If you do decide to look at homes or condos in the Port Monmouth, Atlantic Highlands etc. area, look for a Realtor who's a local expert and make sure he/she asks about your needs in terms of schools, transportation, etc.
Leonard â€œLenâ€ Dunikoski, GRI
Diane Turton Realtors â€“ Rumson Office
8 West River Road
Rumson, NJ 07760
(732) 239-0739 (cell) (732) 530-6686 (office)