Welcome to our 8230 real estate data hub, tailored for investors in Ocean View, 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 8230 in Ocean View, NJ. Discover Section 8 housing opportunities and challenges to maximize your investment potential in CAPE MAY COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Ocean View, NJ real estate investing. Uncover the wealth of information available, and position yourself for success in the Ocean View property market.
-
Location Overview
- Zip Code: 8230
- City: Ocean View
- State: NJ
- Metro Area: Ocean City, NJ
- County Name: CAPE MAY COUNTY
-
Real Estate Market Snapshot
- Average Home Price (All Types): $379,279
- Average Home Price (Single Family Homes): $430,974
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: 3.5%
-
Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,500
- Average 3 Bedroom Section 8 Rental Rates: $1,860
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 21.07
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.99
- Number of Units Offered in Section 8 in the County: 757
- Number of Occupied Units in Section 8 in the County: 733
- Percentage of Section 8 Units Occupied in the County: 96.90000153%
-
Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 159.37
- Total % Appreciation since 2000 (Government Data): 112.11
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 3.8%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 5.85%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 37.73%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 52.09%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.13%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 51.22%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 134.81%
-
Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 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%