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Short Sale Listings in Ocean Gate, NJ 08740

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Ocean Gate, NJ Foreclosures

How much do homes sell for in Ocean Gate, NJ?
The average home price is currently $491,634.
In Ocean Gate, NJ, how many homes are available?
There are currently 4 active home listings available in Ocean Gate.
What’s the average rental cost in Ocean Gate, NJ?
The average rental price in Ocean Gate is $1,570.
What is the most expensive home in Ocean Gate?
The most expensive home sold in Ocean Gate had a price of $3,292,668.
What is currently the cheapest priced home in Ocean Gate, NJ?
The cheapest home for sale in Ocean Gate is priced at $144,100.

Living in Ocean Gate, NJ

Ocean Gate is a charming waterfront community located in Ocean County, New Jersey. Known for its beautiful bay views and historic architecture, the town offers a unique blend of small-town charm and coastal living. Residents enjoy a laid-back lifestyle with access to outdoor recreational activities, including boating, fishing, and hiking in nearby parks.

Current Market Conditions in Ocean Gate, NJ

The real estate market in Ocean Gate shows a moderate level of activity. Recently, home prices have been stable, reflecting a balanced demand and supply in the housing inventory. Given its beachfront proximity, properties in Ocean Gate are sought after, especially during the summer months.

Increasing interest in Ocean Gate could be attributed to its affordable housing options compared to neighboring coastal areas. Many buyers are exploring the potential for investment properties, as the area is popular with vacationers looking for rental opportunities.

Home Value Estimator For Ocean Gate, NJ

There are currently 1,089 real estate properties in Ocean Gate, NJ, with a median automated valuation model (AVM) price of $433,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Ocean Gate, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Ocean Gate, NJ, is $491,634.00, with the most expensive house in Ocean Gate, NJ, topping out at $3,292,668.00 and the cheapest home in Ocean Gate, NJ, clocking in at $144,100.00. In other words, there’s something for every potential homebuyer or savvy investor in Ocean Gate, NJ!

Rent Prices In Ocean Gate, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ocean Gate, NJ, is on a rollercoaster ride. The average rent price in Ocean Gate, NJ, is $1,570.00. Indeed, when looking to rent in Ocean Gate, NJ, you can expect to pay as little as $1,200.00 or as much as $2,790.00, with the average rent median estimated to be $1,490.00. The good news is that finding an affordable and desirable property to rent in Ocean Gate, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Ocean Gate, NJ 08740 Short Sale Listings

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