Living in Belmar Borough, Monmouth County, New Jersey, offers residents a blend of coastal charm, community engagement, and various recreational opportunities, making it an attractive place to call home. However, it also presents challenges such as elevated property taxes and the impact of seasonal tourism.
Pros and Cons of Living in Belmar Borough, NJ
Belmar provides an appealing coastal lifestyle with its picturesque beaches and a close-knit community ethos. Residents enjoy seasonal events, a lively boardwalk, and a strong sense of local identity. On the downside, property taxes in Belmar can be quite high, which may deter some potential homeowners. Additionally, the population swells during the summer months as tourists flock to the area, leading to increased traffic and strain on local services, which can be inconvenient for year-round residents.
Quality of Life and Cost of Living in Belmar Borough
The quality of life in Belmar is enhanced by its coastal location and community amenities. The median home price in the borough is approximately $550,000, which is reflective of its desirability and proximity to the beach. The overall cost of living index is about 30% higher than the national average, attributed largely to housing costs, leisure activities, and dining options available in this vibrant shore town. While the cost may be high, many residents find the lifestyle worth the investment.
History of the Area: Belmar Borough’s Roots
Belmar has a rich history dating back to the late 19th century when it was established as a railway beach resort. Incorporated in 1885, it quickly became a popular destination for city dwellers seeking respite by the shore. The borough’s historical landmarks, such as the Belmar Fishing Club established in 1888 and Victorian-style architecture, serve as reminders of its storied past while the area has evolved into a vibrant year-round community.
Education and Employment Opportunities in Belmar Borough
Education in Belmar is provided by the Belmar School District, which caters to students from kindergarten through eighth grade. For high school education, residents typically look to nearby towns like Asbury Park and Manasquan. The local economy is robust, primarily driven by tourism, retail, and hospitality, with a reported unemployment rate of around 4%. This reflects a stable job market with diverse opportunities for residents.
Recreation and Attractions in Belmar Borough
Belmar offers over a mile of beautiful beaches, the Belmar Marina, and several parks for outdoor activities. The boardwalk is a focal point for residents and visitors alike, featuring shops, restaurants, and seasonal events. Notable attractions include the historic Belmar Fishing Club and various festivals throughout the year, which foster a lively community atmosphere and provide ample recreational opportunities.
Real Estate and Transportation in Belmar Borough
The real estate market in Belmar is characterized by a mix of single-family homes and condominiums. Average rental prices hover around $2,500 per month, reflecting the competitive housing market. Transportation options include NJ Transit services with direct access to New York City and surrounding areas, making it convenient for commuters and attracting residents who work in urban centers.
In conclusion, Belmar Borough offers a unique living experience that combines coastal beauty with a robust community spirit. While there are challenges like high property taxes and seasonal dynamics, the benefits of living in such a vibrant location, paired with strong educational and recreational opportunities, make it an appealing option for many.