Why this Beach Town is Buzzing
Updated: Feb 28, 2019
If you drove around any beach town following the weeks and months after Superstorm Sandy, you could see how badly the Jersey Shore was hit. The devastation impacted every resident and business owner from the Atlantic Highlands to Long Beach Island and beyond. Fortunately, the landscape today is very different. Over five years later, these towns have almost, if not all but bounced back and are thriving better than ever.
One special town receiving buzz lately is the quaint town of Lake Como, situated between Belmar and Spring Lake. According to a recent article by NJ.com, Lake Como is one of the top ten hottest towns in New Jersey right now. While there is not any oceanfront property, the opportunity presents itself to own a waterfront home with beautiful views of the lake. If you look across the waters, the impressively grand homes of Spring Lake can be seen. With the restaurants and beaches of Belmar and Spring Lake within walking distance, Lake Como encompasses all the best parts of a vibrant beach town.
Homebuyers looking specifically in this area usually search for either a moderately sized beach bungalow or a new construction opportunity. The current market shows that new construction is gaining immense popularity. There are new homes being constructed on every street of Lake Como. From near oceanfront to lakefront, from Main Street Street to Ocean Avenue, if you can find a space large enough, you can build your own custom beach home. And in the past two to three years, local builders have taken advantage of this market trend. This has caused the overall development of the town to increase dramatically.
If you are looking to move down the shore, Lake Como is the ideal town to live or invest. In the past six months, the average sale of a home in Lake Como has taken sixty days or less. Additionally, there are currently only fifteen homes on the market for sale. This is the perfect example of a town with low inventory but a greater demand on the rise. Act now before the secret gets out! Contact me if you are looking to buy or invest in Lake Como.