Housing & Real Estate — Ocean Grove, New Jersey

Overview

Total Housing Units2,831
Occupied1,716
Vacant1,115
Owner-Occupied1,058
Renter-Occupied658
Median Home Value (Census)$790,100
Estimated 2026~$854,000
Median Rent$1,212/mo
Median Property Tax$10,001/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityvery expensive
Rent as % of Income16.3%
Severely Rent-Burdened35.9%

Housing Age

Built 2010 or later42
Built 2000-200969
Built 1990-199943
Built before 19602,193
Median Year Built1938
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.