 The borough experienced heavy damage on July 12, 2004, during a day which saw of rain fall over a 14-hour period.The heavy rain caused a series of dam breaks and breaches in the surrounding areas of Southern New Jersey, which have since been replaced.Quogue Dam, as well as both Lower and Upper Aetna Lake Dams failed, with high water levels on portions of Ballinger Run exceeding 500-year flood elevations

Since 1931, a Canoe Carnival has been held during the first week of every August on Lower Aetna Lake.