Real Estate Investing in Bayville, New Jersey (08721)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08721 (Bayville, 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.
- High vacancy: 12.8% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Bayville, NJ (08721)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 08721 Bayville
Turning to rents, ZIP 08721 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $542K median. It rewards specialists, not generalists.
Rent of $2,875/mo on a $542K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 08721 sits below the stated 0.0% once reality is priced in.
Regionally, 08721 sits on the difficult end of the NJ spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Employment concentration in 08721 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Experienced landlords with local relationships tend to find 08721 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 Bayville:
Property Strategy for 08721
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $388,330 | $2,180 | 4.0% | +10.8% | $194,165 |
| 3BR | $477,411 | $2,850 | 4.3% | +10.5% | $159,137 |
| 4BR | $640,474 | $3,160 | 3.6% | +11.3% | $160,119 |
| 5BR | $681,479 | — | — | +11.1% | $136,296 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08721 Compare?
| Metric | 08721 | Bayville | New Jersey |
|---|---|---|---|
| Home Value | $541,997 | $541,997 | $559,826 |
| 5-Year CAGR | 7.4% | 7.4% | 8.4% |
| Avg Rent | $2,875 | $2,875 | - |
| 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 08721 (Bayville, 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 | $541,997 |
| Monthly Rent | $2,875 |
| Price-to-Rent | 15.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.4% |
| Cap Rate | 4.1% |
| 5-Year IRR | 11.6% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +6.5% ▲ |
| 5-Year CAGR | +7.4% ▲ |
| 10-Year CAGR | +7.4% ▲ |
🏠 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 08721
Population: 22,464
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 08721
Schools in This ZIP Code
Nearby Schools (3 more)
Schools in adjacent ZIP codes that may serve this area
Beachwood Elementary School
Pine Beach Elementary School
Toms River Intermediate School South
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 1,857 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the average monthly rent in Bayville, NJ?
Expect rents around $2,875/mo per month in Bayville, NJ. With home values at $542K, the yield math works out to reasonable levels for rental investors.
What are home prices like in Bayville, NJ?
Median home price in Bayville, NJ is near $542K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
Is real estate in Bayville, NJ a good investment right now?
Bayville, NJ scores 3.0/5 for investability. Home values sit at $542K and rents near $2,875/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Bayville, NJ better for rentals, flips, or BRRRR?
Bayville, NJ investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($542K prices, $2,875/mo rents) make it a reasonable choice.
Should investors worry about vacancy in Bayville, NJ?
Vacancy in Bayville, NJ is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,875/mo.
You know 08721 now. You don’t know where it ranks.
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How 08721 ranks in New York-Newark-Jersey City, NY-NJ-PA
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