Foreclosures in Ocean, NJ

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View this home at Eisele Ave Ocean NJ 07712

| 1,998 Sq. Ft.

View this home at Ocean Gate Dr Ocean Gate NJ 08740
$800,910 EMV
View this home at Asbury Ave Ocean City NJ 08226
View this home at Central Ave # 2 Ocean City NJ 08226
View this home at Ocean Ave # 405 Ocean City NJ 08226
$401,796 EMV

| 715 Sq. Ft.

View this home at Central Ave Ocean City NJ 08226
View this home at Route 9 Ocean View NJ 08230
$320,280 EMV

| 2,112 Sq. Ft.

View this home at Oak Knoll Rd Ocean NJ 07712
$761,760 EMV

| 2,596 Sq. Ft.

View this home at Whitefield Ave Apt 317 Ocean Grove NJ 07756
$171,300 EMV

| 959 Sq. Ft.

View this home at E Cape May Ave Ocean Gate NJ 08740
$369,120 EMV
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Home Value Estimator For Ocean, NJ

There are currently 5,445 real estate properties in Ocean, NJ, with a median automated valuation model (AVM) price of $680,500.00. 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, 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 $720,243.00, with the most expensive house in Ocean, NJ, topping out at $4,579,800.00 and the cheapest home in Ocean, NJ, clocking in at $51,170.00. 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.

Top Reasons To Live In Ocean, NJ In 2024

Ocean is located in Monmouth, New Jersey, with an estimated municipal population of 26,709 residents. All of the best foreclosed homes for sale in Ocean are located in the following zip code areas on 07711 07712 07723 07755. The estimated population per square kilometer (.62 miles) in Ocean is 948.

Cost Of Living In Ocean, NJ

So, about how much do homes cost in Ocean? The most recent median value of resident-owned homes in Ocean is 431,622. An estimated 67.7 percent of households in Ocean own their homes, with an average family size of 3.05. The median household income in Ocean is 94,284, with46.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Ocean, the median commute time of resident workers (in minutes) is 27.2. And last, but certainly not least, are you looking for homes to rent in Ocean? If so, the average rent price paid by renters in Ocean is 1,190, according to recent statistics.

Diversity And Demographics In Ocean, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Ocean, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Ocean is 45.8, split between 49 percent male versus 51 female. The percentage of residents who report being married in Ocean is 57, with an average family size of 3.05.

The percentage of residents who report their race in Ocean is as follows:

White 82.3%
Black / African American 8.9%
Asian 4.1%
American Indian / Alaskan Native 0.2%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 3.2%
Other 1.3%

Looking for family-friendly neighborhoods in and/or near Ocean? Or maybe you are searching for 55+ active adult communities in and/or near Ocean?

The percentage of residents who report their age in Ocean is as follows:

Under 10 10.5%
Aged 10-19 12.2%
20s 11.2%
30s 9.7%
40s 11.8%
50s 16.6%
60s 14%
70s 9.8%
80+ 4.1%

Best Schools In Ocean, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Ocean with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Ocean.

Pros And Cons Of Living In Ocean, New Jersey

How do you know that living in -- or moving to -- Ocean is right where you need to be? Perhaps you grew up in Ocean or already live nearby; therefore, the decision to buy a home in Ocean is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Ocean for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Ocean:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Ocean.

Reasons To Move To Ocean, New Jersey, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Ocean can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Ocean, meanwhile, can field multiple offers from more qualified buyers.

Ocean, NJ Foreclosures


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