Ocean, NJ 7712 - Real Estate Investment Insights & Performance Data

Welcome to our 7712 real estate data hub, tailored for investors in Ocean, 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 7712 in Ocean, 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 Ocean, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Ocean property market.

• Location Overview

  • Zip Code: 7712
  • City: Ocean
  • State: NJ
  • Metro Area: New York-Newark-Jersey City, NY-NJ-PA
  • County Name: MONMOUTH COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $596,513
  • Average Home Price (Single Family Homes): $669,615
  • Average Monthly Rental Price (All Types): $2,480
  • Price-to-Rent Ratio: 20
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.3%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,620
  • Average 3 Bedroom Section 8 Rental Rates: $2,220
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 30.68
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 22.39
  • 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%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 242.36
  • Total % Appreciation since 2000 (Government Data): 175.79
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.11%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 6.02%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.71%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.15%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 106.78%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 60.95%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 131.84%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.66%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%