Real Estate Investing in Barnegat, New Jersey (08005)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08005 (Barnegat, NJ)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 11.2% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Barnegat, NJ (08005)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08005 Barnegat
The 08005 ZIP covers a section of Barnegat that demands careful diligence. Prices near $509K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 08005 clocks in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
Turning to rents, 08005 offers a low basis, the region around Barnegat has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The demographic picture in 08005 includes headwinds that any investor should price in. Income distribution skews lower than Barnegat averages, and tenant stability requires active management.
Strategically, 08005 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Barnegat:
Property Strategy for 08005
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $451,231 | $2,480 | 4.0% | +10.8% | $225,616 |
| 3BR | $475,944 | $3,240 | 4.9% | +11.5% | $158,648 |
| 4BR | $588,836 | $3,590 | 4.4% | +11.9% | $147,209 |
| 5BR | $680,296 | — | — | +11.8% | $136,059 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08005 Compare?
| Metric | 08005 | Barnegat | New Jersey |
|---|---|---|---|
| Home Value | $508,616 | $508,616 | $559,826 |
| 5-Year CAGR | 7.3% | 7.3% | 8.4% |
| Avg Rent | $2,698 | $2,698 | - |
| Cap Rate | 4.1% | 4.1% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08005 (Barnegat, NJ). Anonymous, moderated, never written by AI.
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Property managers serving Ocean County
Manage rentals here? List your business →Horizon Real Estate and Property Management, Inc. provides homeowner association management services to Manchester, NJ area communities, including condo management. summary from their website
Renaissance Professional Property Management serves Long Beach Island, NJ. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $508,616 |
| Monthly Rent | $2,698 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +4.7% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +7.3% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 08005
Population: 25,936
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 08005
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How much rent can I charge in Barnegat, NJ?
Rents in Barnegat, NJ run near $2,698/mo. Compared with median home prices of $509K that produces solid gross yields for typical rentals.
Which real estate strategy fits Barnegat, NJ?
The best-fit strategy in Barnegat, NJ is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Is Barnegat, NJ a good place for real estate investing?
Yes - Barnegat, NJ a 3.0/5 investability score. With $509K home prices against $2,698/mo monthly rent, the market delivers a reasonable entry point for new investors.
Are there empty rentals in Barnegat, NJ?
Vacancy in Barnegat, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,698/mo.
Is Barnegat, NJ a good market for FHA house hackers?
Barnegat, NJ offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $2,698/mo rent level.
You know 08005 now. You don’t know where it ranks.
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How 08005 ranks in New York-Newark-Jersey City, NY-NJ-PA
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