The truth is, Monmouth University is a presence in the communities of Long Branch, West Long Branch and Ocean Township. Students live on and off campus. as one of the largest employers, many employees also live and love the immediate area.
I grew up on the campus, dad having taught there for 40 years and of course, I graduated from there, met my wife there and own several rental properties in Oakhurst.
As far as the Brooklyn crowd, there sure is a great number who own homes in and around the campus as well. Some rent their homes out in the winter and return from around June 23 to the day after labor day. Usually, their homes are well maintained.
These two reasons are why the homes in the immediate area actually hold some value - more desireable to two (or 3) sets of people.
There are also several Houses of Worship in the area - whcih, if your home is in walking distance (<1 mile) - it's a bonus to that Brooklyn crowd.
Add in the ocean one mile down the road....
Gilman Commercial Realty LLC
I'll throw in I normally sell commercial real estate, but i do have a listing for a nice home in the West Long branch.