"Barneghetto" isn't really true - just a local good-natured ribbing phrase. The truth is that Barnegat is an up-and-coming, excellent suburban town. There are a lot of great things happening in town. Yes, there are some (I'll be blunt here) "trashy" developments to avoid, but in general it's a great community for families with great access to the bay and lots of beautiful neighborhoods on the water.
I wouldn't think twice about moving there, personally.
P.S.: Watch out, though. Taxes are on the rise.