Housing in 07740 Long Branch, NJ is significantly more expensive than the US median value of $338,100. The median value for this area is $597,300 which is almost double the national average. In addition to this, the 1 year house appreciation in 07740 Long Branch, NJ is 11.40%, significantly higher than the national 8.27%. This indicates that housing prices in this area are rising quickly and many people who own homes here are seeing great returns on their investments.
The median home cost in Long Branch (zip 07740) is $597,300. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Long Branch (zip 07740) is up 17.5%.
Average Age of Homes
- The median age of Long Branch (zip 07740) real estate is 53 years old
The Rental Market in Long Branch (zip 07740)
- Renters make up 47.7% of the Long Branch (zip 07740) population
- 1.9% of houses and apartments in Long Branch (zip 07740), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.