Oceanport, NJ—07757
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Oceanport, NJ
As of Oct '25, the median home price in Oceanport, NJ is $887,000, with a year-over-year change of -0.7%. This indicates that home prices in Oceanport, NJ are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $887,000 | -0.7% |
| Single Family | $895,000 | -0.4% |
| Condos | $773,000 | 3.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $633,000 | 0.8% |
3 Bed | $802,000 | -1.2% |
4 Bed | $1,029,000 | 0.1% |
| 5 Bed | $1,353,000 | 0.0% |
% of Housing Stock
Rental Trends — Oceanport, NJ
As of July '25, Rentcast reports the average rent in Oceanport, NJ is $5,090, with a year-over-year rent change of 27.9%. Per bedroom, the median rent as of July '25 in Oceanport, NJ is 1-bedrooms: $2,480, 2-bedrooms: $3,700, 3-bedrooms: $4,840, 4-bedrooms: $5,310. The most common rental property sizes in Oceanport, NJ are 1-bedroom and 3-bedroom, accounting for 69.1% and 19.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $5,000 | $5,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,480 | $2,480 |
| 2 Bed Rent | $3,650 | $3,700 |
| 3 Bed Rent | $4,750 | $4,840 |
| 4 Bed Rent | $5,450 | $5,310 |
% of Rental Stock
Property Listings — Oceanport, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Oceanport, NJ is 34. This is a decrease of -10.0% 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 | $1,160,000 | -12.0% |
Listing Count | 15 | -63.0% |
| Listings as % of Homes | 0.8% | -63.0% |
Days on Market | 34 | -10.0% |
Demographics — Oceanport, NJ
As of the latest ACS Survey released in 2023, Oceanport, NJ has a population of 6,130, which has increased by 8.2% over the past 5 years. Oceanport, NJ is a moderately popular place for families, as children make up 24.5% of the population. The area has a highly educated workforce, with 51.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,130 | 8.2% |
% Under 18 | 24.5% | 18.9% |
% Seniors | 22.8% | 27.4% |
% WFH | 9.4% | -8.7% |
% w/ College Degree | 51.6% | -1.5% |
As of the latest ACS Survey released in 2023, Oceanport, NJ is a predominantly white area, with 84.1% of the population identifying as white. The white population has shrunk by 5.8% in the last 5 years. The second most common race or ethnicity in Oceanport, NJ is hispanic, making up 4.7% of the population. Foreign-born residents account for 3.8% of the population in Oceanport, NJ, and this percentage has decreased by 24.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.1% | -5.8% |
% Black | 0.6% | 50.0% |
% Hispanic | 4.7% | -35.6% |
% Asian | 2.5% | 19.0% |
% Foreign Born | 3.8% | -24.0% |
Mortgage and Risk — Oceanport, NJ
According to HUD data as of 2023, there were 139 mortgage originations in Oceanport, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 44.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in Oceanport, NJ. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 139 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Oceanport, NJ
As of 2024, the percent of homes in Oceanport, NJ under the Section 8 program is 100.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Oceanport, 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 | 181 |
Total Units Section 8 | 181 |
% Rentals under Section 8 | 100.6% |
% Occupied Section 8 | 92.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $0 | $2,480 | $2,480 |
| 2 Bedroom | -$590 | $3,650 | $3,060 |
| 3 Bedroom | -$670 | $4,750 | $4,080 |
| 4 Bedroom | -$920 | $5,450 | $4,530 |
Affordability — Oceanport, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5 |
| Median Home Price | $887,000 |
| Median Household Income | $156,000 |