Zip 07756 (Ocean Grove, NJ) Housing

The housing market in 07756 Ocean Grove, NJ is one of the strongest in the nation. The median value of a home in the area is $747,200, which is well above the US median value of $338,100. In addition to this, the appreciation rate for homes in Ocean Grove has been 11.40%, significantly higher than the 8.27% national average. This trend indicates that Ocean Grove's housing market is continuing to grow and remain strong despite economic uncertainty.

The median home cost in Ocean Grove (zip 07756) is $747,200. Home appreciation the last 10 years has been 78.1%. Home Appreciation in Ocean Grove (zip 07756) is up 17.5%.

Average Age of Homes

- The median age of Ocean Grove (zip 07756) real estate is 78 years old

The Rental Market in Ocean Grove (zip 07756)

- Renters make up 26.8% of the Ocean Grove (zip 07756) population
- 3.1% of houses and apartments in Ocean Grove (zip 07756), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Ocean Grove, New Jersey	United States
	2,831.0	139,647,020.0
	47	42
	$747,200	$338,100
	17.5%	16.6%
	53.3%	57.0%
	78.1%	101.1%
	$20.20	$10.98
	$10,001	$2,690
	32.2%	57.4%
	37.4%	11.2%
	30.4%	31.4%
Vacant Housing
	3.1%	1.9%
	2.9%	0.4%
	0.0%	0.7%
	1.4%	0.4%
	24.9%	3.6%
	5.1%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.8%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	1.3%	11.3%
	4.0%	13.0%
	5.8%	20.1%
	1.6%	13.6%
	19.9%	8.3%
	13.1%	9.7%
	29.5%	3.9%
	20.2%	2.2%
	1.5%	0.8%
	1.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	1.9%	13.6%
	1.9%	13.6%
	2.3%	13.6%
	10.6%	13.2%
	1.0%	14.8%
	2.3%	13.6%
	5.3%	10.0%
	5.9%	4.7%
	63.5%	12.2%

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