Lyric discussion by palefoot 

I think he is talking about suicide, at least in regards to the woman "walking dog pulled in, never heard from again", and possibly in regards to himself "well there is a metal divide, between myself and this lake in New Jersey" as there is a very popular "suicide bridge" near my home in jersey called victory bridge, ironically enough. This would make the heartbreak spoken of earlier in the song "well i met the first guy who said ill always remember this night jane" :weve been trying to mean it as sincerely as he did" make since.

@palefoot sense*

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