Bradley Beach, NJ—07720
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Bradley Beach, NJ
As of Oct '25, the median home price in Bradley Beach, NJ is $1,056,000, with a year-over-year change of 3.9%. This indicates that home prices in Bradley Beach, NJ are increasing. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,056,000 | 3.9% |
| Single Family | $1,151,000 | 4.1% |
| Condos | $673,000 | 6.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $548,000 | 8.1% |
2 Bed | $797,000 | 5.4% |
3 Bed | $1,087,000 | 3.5% |
4 Bed | $1,452,000 | 5.2% |
| 5 Bed | $1,798,000 | 5.5% |
% of Housing Stock
Rental Trends — Bradley Beach, NJ
As of July '25, Rentcast reports the average rent in Bradley Beach, NJ is $3,450, with a year-over-year rent change of 3.3%. Per bedroom, the median rent as of July '25 in Bradley Beach, NJ is studios: $1,730, 1-bedrooms: $2,170, 2-bedrooms: $3,780, 3-bedrooms: $3,990, 4-bedrooms: $3,330. The most common rental property sizes in Bradley Beach, NJ are 1-bedroom and 2-bedroom, accounting for 60.3% and 28.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,800 | $3,450 |
| Studio Rent | $1,700 | $1,730 |
| 1 Bed Rent | $2,100 | $2,170 |
| 2 Bed Rent | $2,900 | $3,780 |
| 3 Bed Rent | $3,000 | $3,990 |
| 4 Bed Rent | $3,500 | $3,330 |
% of Rental Stock
Property Listings — Bradley Beach, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Bradley Beach, NJ is 38. This is a decrease of -51.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,200,000 | -10.0% |
Listing Count | 16 | 53.0% |
| Listings as % of Homes | 0.2% | 53.0% |
Days on Market | 38 | -51.0% |
Demographics — Bradley Beach, NJ
As of the latest ACS Survey released in 2023, Bradley Beach, NJ has a population of 4,150, which has decreased by -1.8% over the past 5 years. Bradley Beach, NJ is a less popular place for families, as children make up 12.3% of the population. The area has a highly educated workforce, with 66.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,150 | -1.8% |
% Under 18 | 12.3% | -12.1% |
% Seniors | 23.2% | 40.6% |
% WFH | 24.4% | 187.1% |
% w/ College Degree | 66.8% | 32.8% |
As of the latest ACS Survey released in 2023, Bradley Beach, NJ is a predominantly white area, with 73.7% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Bradley Beach, NJ is hispanic, making up 16.8% of the population. Foreign-born residents account for 13.5% of the population in Bradley Beach, NJ, and this percentage has increased by 55.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 73.7% | -1.7% |
% Black | 0.0% | -100.0% |
% Hispanic | 16.8% | 54.1% |
% Asian | 6.1% | 771.4% |
% Foreign Born | 13.5% | 55.2% |
Mortgage and Risk — Bradley Beach, NJ
According to HUD data as of 2023, there were 52 mortgage originations in Bradley Beach, NJ, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 46.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Bradley Beach, NJ. Investor activity is low, as 2.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 52 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 29.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Bradley Beach, NJ
As of 2024, the percent of homes in Bradley Beach, NJ under the Section 8 program is 2.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Bradley Beach, NJ, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 21 |
Total Units Section 8 | 21 |
% Rentals under Section 8 | 2.1% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$470 | $2,100 | $1,630 |
| 2 Bedroom | -$890 | $2,900 | $2,010 |
| 3 Bedroom | -$320 | $3,000 | $2,680 |
| 4 Bedroom | -$520 | $3,500 | $2,980 |
Affordability — Bradley Beach, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 9.4 |
| Median Home Price | $1,056,000 |
| Median Household Income | $94,700 |