Real Estate Investing in Longport, New Jersey (08403)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08403 (Longport, 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: 69.0% 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 51.0 — 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 Longport, NJ (08403)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08403 Longport
This part of Atlantic County is not an easy win. The 08403 ZIP registers softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 08403 can be a worth a close look for hunting ground — but the discount at $1.5M reflects genuine risk that outside investors often underestimate.
Within NJ, ZIP 08403 trails on several market indicators that neighboring Atlantic County submarkets outperform. The gap is real and sturdy enough to shape underwriting.
Who lives in 08403 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The right play in 08403 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Longport:
Property Strategy for 08403
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $962,102 | $2,800 | 2.1% | +9.0% | $481,051 |
| 3BR | $1,355,171 | $3,880 | 2.1% | +11.5% | $451,724 |
| 4BR | $1,933,661 | $4,280 | 1.6% | +12.5% | $483,415 |
| 5BR | $3,051,434 | — | — | +11.2% | $610,287 |
Market Trends
Home Value History (with trend line)
📊 How Does 08403 Compare?
| Metric | 08403 | Longport | Atlantic City-Hammonton, NJ | New Jersey |
|---|---|---|---|---|
| Home Value | $1,543,418 | $1,543,418 | N/A | $559,826 |
| 5-Year CAGR | 8.0% | 8.0% | N/A | 8.4% |
| Avg Rent | $2,520 | $2,520 | N/A | - |
| Cap Rate | 1.3% | 1.3% | - | - |
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 08403 (Longport, NJ). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,543,418 |
| Monthly Rent | $2,520 |
| Price-to-Rent | 51.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.0% |
| Cap Rate | 1.3% |
| 5-Year IRR | 9.3% |
📈 Home Appreciation
| 1-Year | +5.5% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +8.0% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (1.3%). 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 08403
Population: 1,012
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 08403
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Belhaven Middle School
Northfield Community Elementary School
Northfield Community Middle School
Seaview Elementary School
Eugene A. Tighe Middle School
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,515 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Longport, NJ stack up for property investment?
Longport, NJ scores 3.0/5 for investability. Home values sit at $1.5M and rents near $2,520/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
How much rent can I charge in Longport, NJ?
Investors in Longport, NJ typically see rents near $2,520/mo per month against $1.5M home values - a solid setup for rental cash flow.
Do rentals sit vacant long in Longport, NJ?
Longport, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
Is Longport, NJ good for landlords?
The landlord environment in Longport, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
Are homes affordable in Longport, NJ?
In Longport, NJ the median home value sits at $1.5M. Against the broader NJ market, that reads as reasonable for most investors.
You know 08403 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 08403 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 08403 ranks in Atlantic City-Hammonton, NJ
Every ZIP in this metro, ranked. Free.
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