Real Estate Investing in Avalon, New Jersey (08202)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08202 (Avalon, NJ)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 85.5% 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 129.6 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Avalon, NJ (08202)?
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Market Analysis: 08202 Avalon
Investors eyeing 08202 need to respect the fundamentals at play. Home values of $2.8M come alongside slower price movement and elevated management overhead.
Put differently, the numbers look inviting — $2.8M purchase price, 0.0% nominal cap — the work to hit that pro forma in 08202 is substantial and deserves full respect.
Regionally, 08202 sits on the difficult end of the NJ spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
The 08202 ZIP's population of 1,636 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
New investors are better served looking at Avalon's stable or hybrid ZIPs before stepping into 08202. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Avalon:
Property Strategy for 08202
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $920,497 | $1,990 | 1.6% | +7.1% | $460,249 |
| 3BR | $1,485,472 | $2,660 | 1.3% | +7.7% | $495,157 |
| 4BR | $2,443,310 | $2,670 | 0.8% | +10.4% | $610,828 |
| 5BR | $4,128,500 | — | — | +11.1% | $825,700 |
Market Trends
Home Value History (with trend line)
📊 How Does 08202 Compare?
| Metric | 08202 | Avalon | Ocean City, NJ | New Jersey |
|---|---|---|---|---|
| Home Value | $2,785,660 | $2,785,660 | N/A | $559,826 |
| 5-Year CAGR | 5.5% | 5.5% | N/A | 8.4% |
| Avg Rent | $1,791 | $1,791 | N/A | - |
| Cap Rate | 0.5% | 0.5% | - | - |
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 08202 (Avalon, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $2,785,660 |
| Monthly Rent | $1,791 |
| Price-to-Rent | 129.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 0.8% |
| Cap Rate | 0.5% |
| 5-Year IRR | 6.0% |
📈 Home Appreciation
| 1-Year | +7.1% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.5% ▲ |
| 10-Year CAGR | +8.7% ▲ |
🏠 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 (0.5%). 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 08202
Population: 1,636
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 08202
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 do home values compare in Avalon, NJ?
In Avalon, NJ the median home value sits at $2.8M. Against the broader NJ market, that reads as reasonable for most investors.
What is it like being a landlord in Avalon, NJ?
NJ law tenant-protective for landlords, and Avalon inherits those rules. Investors should still review local ordinances for rental licensing.
What is the typical renter like in Avalon, NJ?
Tenant quality in Avalon, NJ ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,791/mo.
What is the typical rental rate in Avalon, NJ?
Investors in Avalon, NJ typically see rents near $1,791/mo per month against $2.8M home values - a solid setup for rental cash flow.
Does Avalon, NJ make sense for an investment property?
With a 2.0/5 investability score, Avalon, NJ ranks as a solid market for rental property investors. Median prices of $2.8M and rents of $1,791/mo drive the underlying numbers.
You know 08202 now. You don’t know where it ranks.
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How 08202 ranks in Ocean City, NJ
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