Real Estate Investing in Waretown, New Jersey (08758)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 08758 (Waretown, 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: 15.1% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
What’s happening in Waretown, NJ (08758)?
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Market Analysis: 08758 Waretown
Investors eyeing 08758 need to respect the fundamentals at play. Home values of $558K come alongside slower price movement and elevated management overhead.
The investment case in 08758 is resilient only for operators who understand what they are buying. A $558K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Regionally, 08758 sits on the difficult end of the NJ spectrum. The a credible choice for read — for disciplined operators — is that pricing reflects the difficulty.
A significant renter share of 14% in 08758 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Waretown:
Property Strategy for 08758
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $509,631 | $2,080 | 2.9% | +10.2% | $254,816 |
| 3BR | $569,068 | $2,720 | 3.4% | +10.5% | $189,689 |
| 4BR | $577,181 | $3,010 | 3.8% | +11.2% | $144,295 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 08758 Compare?
| Metric | 08758 | Waretown | New Jersey |
|---|---|---|---|
| Home Value | $557,761 | $557,761 | $559,826 |
| 5-Year CAGR | 7.0% | 7.0% | 8.4% |
| Avg Rent | $2,417 | $2,417 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 08758 (Waretown, 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 | $557,761 |
| Monthly Rent | $2,417 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +3.5% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +7.0% ▲ |
| 10-Year CAGR | +6.8% ▲ |
🏠 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 (3.4%). 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 08758
Population: 8,010
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 08758
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.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
Is real estate in Waretown, NJ a good investment right now?
With a 3.0/5 investability score, Waretown, NJ ranks as a solid market for rental property investors. Median prices of $558K and rents of $2,417/mo drive the underlying numbers.
What are rental rates like in Waretown, NJ?
Investors in Waretown, NJ typically see rents near $2,417/mo per month against $558K home values - a solid setup for rental cash flow.
How strict are landlord regulations in Waretown, NJ?
The landlord environment in Waretown, NJ is tenant-protective. Statewide rules shape most day-to-day operations for rental owners.
What is the rental occupancy rate in Waretown, NJ?
Waretown, NJ sees elevated vacancy, which is reasonable relative to the broader NJ rental market.
Can I house hack in Waretown, NJ?
House hacking works a challenging in Waretown, NJ. Rents of $2,417/mo against $558K acquisition make the strategy solid for owner-occupants.
You know 08758 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 08758 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 08758 ranks in New York-Newark-Jersey City, NY-NJ-PA
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