Real Estate Investing in Barnegat Light, New Jersey (08006)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08006 (Barnegat Light, NJ)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 84.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 72.4 — hard to cash-flow at these prices.
• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Barnegat Light, NJ (08006)?
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Market Analysis: 08006 Barnegat Light
Put differently, ZIP 08006 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $1.7M median. It rewards specialists, not generalists.
The investment case in 08006 is solid only for operators who understand what they are buying. A $1.7M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
In the broader NJ picture, 08006 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Who lives in 08006 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 08006 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Barnegat Light:
Property Strategy for 08006
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $1,301,931 | $2,870 | 1.6% | +11.5% | $433,977 |
| 4BR | $1,687,318 | $3,190 | 1.4% | +11.9% | $421,830 |
Market Trends
Home Value History (with trend line)
📊 How Does 08006 Compare?
| Metric | 08006 | Barnegat Light | New Jersey |
|---|---|---|---|
| Home Value | $1,721,061 | $1,721,061 | $559,826 |
| 5-Year CAGR | 8.3% | 8.3% | 8.4% |
| Avg Rent | $1,980 | $1,980 | - |
| Cap Rate | 0.9% | 0.9% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 08006 (Barnegat Light, 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 | $1,721,061 |
| Monthly Rent | $1,980 |
| Price-to-Rent | 72.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.4% |
| Cap Rate | 0.9% |
| 5-Year IRR | 9.2% |
📈 Home Appreciation
| 1-Year | +12.7% ▲ |
| 3-Year CAGR | +9.1% ▲ |
| 5-Year CAGR | +8.3% ▲ |
| 10-Year CAGR | +8.1% ▲ |
🏠 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 (0.9%). 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 08006
Population: 473
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
Frequently Asked Questions
How do experienced investors play Barnegat Light, NJ?
In Barnegat Light, NJ the robust play is typically careful cash-flow rentals with hands-on management. The combination of $1.7M prices and $1,980/mo rents suits that approach.
What is the typical vacancy rate in Barnegat Light, NJ?
Barnegat Light, NJ carries elevated vacancy risk. Expect even-keeled absorption at market rents of $1,980/mo.
How strong is tenant demand in Barnegat Light, NJ?
The renter base in Barnegat Light, NJ is reasonable for the $1,980/mo price point. Screening well and pricing to market typically yields stable tenants.
Does a duplex house hack pencil in Barnegat Light, NJ?
Barnegat Light, NJ is a a tougher market for house hackers. FHA or conventional owner-occupant buyers find the $1.7M price point reasonable to enter.
Is Barnegat Light, NJ good for landlords?
Landlord-friendliness in Barnegat Light, NJ is tenant-protective. Eviction timelines and lease enforcement are considered reasonable by most property managers.
You know 08006 now. You don’t know where it ranks.
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How 08006 ranks in New York-Newark-Jersey City, NY-NJ-PA
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