Welcome to our 7740 real estate data hub, tailored for investors in Long Branch, NJ. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 7740 in Long Branch, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in MONMOUTH COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Long Branch, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Long Branch property market.
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Location Overview
- Zip Code: 7740
- City: Long Branch
- State: NJ
- Metro Area: New York-Newark-Jersey City, NY-NJ-PA
- County Name: MONMOUTH COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $636,035
- Average Home Price (Single Family Homes): $600,304
- Average Monthly Rental Price (All Types): $2,903
- Price-to-Rent Ratio: 18
- Zillow Projected % appreciation from 4/2023-4/2024: 0.1%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,660
- Average 3 Bedroom Section 8 Rental Rates: $2,270
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 31.93
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 23.35
- Number of Units Offered in Section 8 in the County: 3732
- Number of Occupied Units in Section 8 in the County: 3537
- Percentage of Section 8 Units Occupied in the County: 94.80000305%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 307.15
- Total % Appreciation since 2000 (Government Data): 236.88
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.37%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 7.41%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 49.13%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.04%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 134.33%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 65.68%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 162.31%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 16.49%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 5.68%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%