Last night was indeed host to a meteor shower. The Aurigids are rare, but last night, they were in the sky. Check
this thread for a rate calculator and further information.

COAST GUARD SUSPENDS SEARCH FOR FALLING LIGHTS
ATLANTIC CITY, N.J. - The Coast Guard suspended its search near Normandy Beach, N.J., at 11 p.m. today after trying to identify the source of reported falling lights.
Starting at about 8 p.m., the Coast Guard received numerous calls from citizens who reported seeing lights falling from the sky about 10 miles off Normandy Beach.
Citizens reported witnessing various occurrences such as fire falling from the sky, flares, boats on fire or strobe lights on the water.
A boat crew from Coast Guard Station Manasquan, N.J., searched the area along with the New Jersey State Police, commercial salvage companies and local agencies to investigate the source.
The Coast Guard has not found any signs of distress, and the Federal Aviation Administration has no reports of missing aircraft.
The active search has been suspended pending further information
Originally posted by IgnoreTheFacts
In my opinion it was either space debris
NORAD (North American Aerospace Defense Command) chimed in, saying it probably wasn't space junk.
Originally posted by Turbohale
I find it interesting that there is now a section of beach closed off in New Jersey due to syringes being found. Maybe a possible ploy by the Government to stop people wandering about to give them time to cover up and recover exactally what fell from the sky.
Syringe Findings Close Several Beaches
September 2, 2007 - Several beaches in Ocean County, New Jersey were closed Sunday after the discovery of syringes littering the sand.
Around 4:30 this afternoon police had to close some beaches at Normandy beach because of syringes found on the beach and in the water. The reports also were also made in Lavalette beach.
The New Jersey Division of Environmental Protection were called out to the scene. The DEP did a fly over to see if there was a slick of trash in the ocean, but were unable to find anything. They will attempt another later today and again tomorrow.
No word on if the beach will be reopened tomorrow.
link to article abclocal.go.com...