Ocean, NJ Foreclosures
How much do homes sell for in Ocean, NJ?
The average home price is currently $816,376.
In Ocean, NJ, how many homes are available?
There are currently 91 active home listings available in Ocean.
What’s the average rental cost in Ocean, NJ?
The average rental price in Ocean is $2,397.
What is the most expensive home in Ocean?
The most expensive home sold in Ocean had a price of $17,650,152.
What is currently the cheapest priced home in Ocean, NJ?
The cheapest home for sale in Ocean is priced at $75,516.
Living in Ocean, NJ
Ocean, NJ, is a beautiful coastal township that offers a serene beach community with easy access to the Atlantic Ocean. Known for its stunning beaches and family-friendly atmosphere, this area is perfect for those seeking a relaxed lifestyle. With a plethora of outdoor activities, parks, and local amenities, Ocean provides the perfect blend of leisure and convenience.
Current Market Conditions in Ocean, NJ
Recent trends indicate a growing demand for homes in Ocean, NJ, particularly those near the beach or with water views. The real estate market has seen a steady increase in home prices due to heightened interest from families and retirees looking for a tranquil lifestyle near the shore. The combination of affordable homes and pleasant living conditions continues to attract new buyers.
Specifically, homes in the range of $300,000 to $600,000 are seeing competitive bidding as the summer season approaches. There is a noticeable shift towards families seeking year-round residences as well as vacation properties. Historically, Ocean, NJ, has maintained its appeal for seasonal visitors and long-term residents alike.
Home Value Estimator For Ocean, NJ
There are currently 5,486 real estate properties
in Ocean, NJ,
with a median automated valuation model (AVM) price
of $747,892.00. 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, 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, NJ,
is $816,376.00, with the most expensive house
in Ocean, NJ, topping out
at $17,650,152.00 and the cheapest home
in Ocean, NJ,
clocking in at $75,516.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Ocean, NJ!
Rent Prices
In Ocean, NJ
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Ocean, NJ, is on
a rollercoaster ride. The
average rent price in Ocean, NJ,
is $2,397.00. Indeed, when looking to rent in
Ocean, NJ, you can expect to pay as little
as $1,200.00 or as much
as $5,000.00,
with the average rent median estimated to
be $2,400.00. The good news is that finding
an affordable and desirable property to rent in Ocean, 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.
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