Ocean County, NJ Real Estate Market Update

Real Estate and Area Overview – Ocean County, New Jersey

Ocean County has seen tremendous growth over the past decade with nearly a 5% increase in population reaching an estimated 600,000 residents. This area has a unique proximity to some of America’s greatest cities. For instance, Philadelphia is just  50-miles east, New York is 70-miles south, and Atlantic City is a short 25-miles north. Summer brings in a good bit of tourism, which leads to some heavier traffic, but a welcome sight for local businesses. 

Some of the notable things to see there, a subsidiary of the New York metropolitan region, are the numerous beaches such as Seaside Heights. Other destinations include Six Flags Great Adventure and the protected lands of Pine Barrens. 

Ocean County Real Estate

The real estate market is steady in Ocean County and is currently resting in somewhat of the same position as this time last year. The median home price is $250,000, with about 85% of residents owning the property they are occupying. Property taxes do average higher than similar cities of this size and location, with homeowners spending $3,000 plus annually. 

Ocean County Economy

The largest employers in Ocean County are the healthcare, social assistance, and retail trade industries. The highest paying jobs are in finance, insurance, and information sectors. The median household income is just over $71,000, according to some of the most recent data. 

Ocean County Schools

There are over a dozen school districts serving children throughout Ocean County, and the schools get an average B rating. Residents on “Niche” rate Point Pleasant Beach and South Regional School Districts as the best options for kids. The best Public High School is the Marine Academy of Technology and Environmental Science. Levette Elementary School is rated best in that category, and Memorial Middle School is the top intermediate option according to families in the area. 

Helpful Links and Resources

If you’re moving to Ocean County and need a jump start getting services up and running in your new home, we have put together a short list of the most important links to have on hand. 

Ocean County Government – Find business opportunities, city utilities, tax structures, etc. 

Ocean County Water Services – Get current rates and your service started. 

Ocean County Waste Management – Schedule new service and information on collection days.

Ocean County Electricity – Schedule your service to start here.

The Parks and Recreation Department – Learn about camps and resources for kids and adults. 

Regional Events – Learn more about your community and get involved.