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Foreclosure Homes in Ocean Grove, NJ

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Ocean Grove, NJ Foreclosures

How much do homes sell for in Ocean Grove, NJ?
The average home price is currently $865,307.
In Ocean Grove, NJ, how many homes are available?
There are currently 26 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 $1,884.
What is the most expensive home in Ocean Grove?
The most expensive home sold in Ocean Grove had a price of $5,199,607.
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 charming beach community known for its stunning Victorian-style homes and vibrant boardwalk culture. With gorgeous beaches at your doorstep, residents enjoy a laid-back lifestyle surrounded by other lovely historic structures and plenty of local activities. The town is rich in history and culture, making it a delightful place to call home.

Current Market Conditions in Ocean Grove, NJ

The real estate market in Ocean Grove has been seeing noticeable trends lately. Homes are in demand due to the town's proximity to the beach and unique character. The average days on market for homes has decreased, reflecting a strong buyer interest and a competitive market.

Overall, there has been a steady increase in home values as more individuals look to invest in beach properties and vacation homes. Home buyers are drawn to the unique charm and community feel of Ocean Grove, which has contributed to rising prices in the area.

Home Value Estimator For Ocean Grove, NJ

There are currently 2,351 real estate properties in Ocean Grove, NJ, with a median automated valuation model (AVM) price of $817,652.00. 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 $865,307.00, with the most expensive house in Ocean Grove, NJ, topping out at $5,199,607.00 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 $1,884.00. 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: 26

Market Values:

Home Prices from $135,014 to $5,199,607

Average Sales Price: $865,307

Rental Values:

Rental from $1,180 to $5,080

Average Rent Value: $1,884 / month

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