Neptune Township, NJ—07756
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Neptune Township, NJ
Home Price Trends — Neptune Township, NJ
As of Oct '25, the median home price in Neptune Township, NJ is $910,000, with a year-over-year change of 2.7%. This indicates that home prices in Neptune Township, NJ are increasing. According to Zillow, the 1-year price projection is 1.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $910,000 | 2.7% |
| Single Family | $966,000 | 2.4% |
| Condos | $615,000 | 4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $525,000 | 4.8% |
2 Bed | $750,000 | 0.9% |
3 Bed | $947,000 | 1.9% |
4 Bed | $1,115,000 | 2.9% |
| 5 Bed | $1,366,000 | 4.8% |
% of Housing Stock
Rental Trends — Neptune Township, NJ
As of July '25, Rentcast reports the average rent in Neptune Township, NJ is $3,320, with a year-over-year rent change of 7.8%. Per bedroom, the median rent as of July '25 in Neptune Township, NJ is studios: $1,550, 1-bedrooms: $1,700, 2-bedrooms: $2,780, 3-bedrooms: $3,050, 4-bedrooms: $4,180. The most common rental property sizes in Neptune Township, NJ are 1-bedroom and 2-bedroom, accounting for 34.0% and 26.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $3,320 |
| Studio Rent | $1,550 | $1,550 |
| 1 Bed Rent | $1,750 | $1,700 |
| 2 Bed Rent | $2,250 | $2,780 |
| 3 Bed Rent | $2,800 | $3,050 |
| 4 Bed Rent | $3,750 | $4,180 |
% of Rental Stock
Property Listings — Neptune Township, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Neptune Township, NJ is 22. This is a decrease of -15.0% 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 | $962,000 | 8.0% |
Listing Count | 27 | -5.0% |
| Listings as % of Homes | 0.4% | -5.0% |
Days on Market | 22 | -15.0% |
Demographics — Neptune Township, NJ
As of the latest ACS Survey released in 2023, Neptune Township, NJ has a population of 3,030, which has decreased by -3.2% over the past 5 years. Neptune Township, NJ is a less popular place for families, as children make up 2.8% of the population. The area has a highly educated workforce, with 64.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 23.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,030 | -3.2% |
% Under 18 | 2.8% | -20.0% |
% Seniors | 36.5% | 27.6% |
% WFH | 23.9% | 117.3% |
% w/ College Degree | 64.3% | 7.7% |
As of the latest ACS Survey released in 2023, Neptune Township, NJ is a predominantly white area, with 86.4% of the population identifying as white. The white population has shrunk by 5.4% in the last 5 years. The second most common race or ethnicity in Neptune Township, NJ is hispanic, making up 8.9% of the population. Foreign-born residents account for 11.6% of the population in Neptune Township, NJ, and this percentage has increased by 75.8% 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 | 86.4% | -5.4% |
% Black | 1.5% | -11.8% |
% Hispanic | 8.9% | 61.8% |
% Asian | 2.1% | 40.0% |
% Foreign Born | 11.6% | 75.8% |
Mortgage and Risk — Neptune Township, NJ
According to HUD data as of 2023, there were 49 mortgage originations in Neptune Township, NJ, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 2.0% above 90% LTV (normal). This implies small mortgage risk in Neptune Township, NJ. Investor activity is low, as 8.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 49 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 8.0% |
% Second Loans | 51.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Neptune Township, NJ
As of 2024, the percent of homes in Neptune Township, NJ under the Section 8 program is 4.4%. 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 Neptune Township, 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 | 27 |
Total Units Section 8 | 27 |
% Rentals under Section 8 | 4.4% |
% Occupied Section 8 | 84.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$420 | $1,750 | $1,330 |
| 2 Bedroom | -$610 | $2,250 | $1,640 |
| 3 Bedroom | -$620 | $2,800 | $2,180 |
| 4 Bedroom | -$1,320 | $3,750 | $2,430 |
Affordability — Neptune Township, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 10.6 |
| Median Home Price | $910,000 |
| Median Household Income | $74,400 |