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Foreclosure Homes in Ocean Grove, NJ

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Ocean Grove, NJ Foreclosures

Current Market Conditions in in Ocean Grove, NJ As of March 2026?
In the past month, the real estate market in Ocean Grove has remained competitive, with a noticeable increase in interest from buyers. Inventory levels are low, which has contributed to prices edging upwards as families and vacationers look to invest in this desirable location. Homes listed near the beach are particularly sought after, causing multiple offer situations to become more common. As a result, buyers are encouraged to act quickly to secure desirable properties. Overall, conditions remain favorable for sellers, while buyers will need to be prepared to navigate a bustling market.
How much do homes sell for in Ocean Grove, NJ?
The average home price is currently $897,729.
In Ocean Grove, NJ, how many homes are available?
There are currently 23 active home listings available in Ocean Grove.
What’s the average rental cost in Ocean Grove, NJ?
The average rental price in Ocean Grove is $1,885.
What is the most expensive home in Ocean Grove?
The most expensive home sold in Ocean Grove had a price of $8,142,509.
What is currently the cheapest priced home in Ocean Grove, NJ?
The cheapest home for sale in Ocean Grove is priced at $135,014.

Living in Ocean Grove, NJ

Ocean Grove, NJ is a quaint seaside community famed for its Victorian architecture and beautiful beaches. The town offers numerous cultural events and recreational activities throughout the year, fostering a strong sense of community. With family-friendly schools and vibrant local amenities, Ocean Grove is an ideal place to live and enjoy coastal life.

Buyer vs Seller Market in Ocean Grove, NJ

The real estate market in Ocean Grove is currently showing a trend of increasing demand, particularly for homes near the beach and in historic districts. Buyers are attracted to the town's unique charm and community atmosphere, driving prices up slightly over the past month.

Ocean Grove has experienced significant growth over the past year, with property values rising due to a competitive market. The influx of buyers seeking vacation homes and year-round residences has contributed to a robust housing market.

Home Value Estimator For Ocean Grove, NJ

There are currently 2,407 real estate properties in Ocean Grove, NJ, with a median automated valuation model (AVM) price of $841,938.00. 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 Grove, 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 Grove, NJ, is $897,729.00, with the most expensive house in Ocean Grove, NJ, topping out at $8,142,509.00 and the cheapest home in Ocean Grove, NJ, clocking in at $135,014.00. In other words, there’s something for every potential homebuyer or savvy investor in Ocean Grove, NJ!

Rent Prices In Ocean Grove, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Ocean Grove, NJ, is on a rollercoaster ride. The average rent price in Ocean Grove, NJ, is $1,885.00. Indeed, when looking to rent in Ocean Grove, NJ, you can expect to pay as little as $1,180.00 or as much as $5,080.00, with the average rent median estimated to be $1,890.00. The good news is that finding an affordable and desirable property to rent in Ocean Grove, 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 Grove, NJ Foreclosures

Market Trend for Ocean Grove, NJ

Total Listings Available: 23

Market Values:

Home Prices from $135,014 to $8,142,509

Average Sales Price: $897,729

Rental Values:

Rental from $1,180 to $5,080

Average Rent Value: $1,885 / month

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