In 1924, the Borough of South Belmar was formed out of the boundary of old Wall. It is a small , interior municipality, bounded on the west by the railroad, on the north by Sixteenth Avenue, on the east by "B"street, and in the South by Lake Como and Polly Pod Brook. One of the original settlers of the area now making up South Belmar was Jeremiah Newman, who was born in 1798 and died in 1828. His gravestone, at the Newman Family Burial Ground on Leslie Street, Belmar Gardens, is still legible. Mr. Newman arrived in the area around the 1817, and as with most early residents, devoted his original efforts to farming. But this not always successful, and he and his neighbors soon began to turn to the sea to make part of their living. The farmlands were eventually divided into smaller tracts, and later were developed under numerous subdivisions according to a much less regular pattern than is evident in the neighboring Borough of Belmar. It is interesting to note that the Lake Como was known as Three Cornered Pond in the early days, and the area immediately to the west was known as Polly Pond Bog.