West Long Branch, NJ—07764
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Long Branch, NJ
As of Oct '25, the median home price in West Long Branch, NJ is $944,000, with a year-over-year change of -1.4%. This indicates that home prices in West Long Branch, NJ are decreasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $944,000 | -1.4% |
| Single Family | $985,000 | -1.9% |
| Condos | $512,000 | 6.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $564,000 | 0.2% |
3 Bed | $818,000 | -2.4% |
4 Bed | $1,172,000 | -0.8% |
| 5 Bed | $1,670,000 | 1.5% |
% of Housing Stock
Rental Trends — West Long Branch, NJ
As of July '25, Rentcast reports the average rent in West Long Branch, NJ is $3,700, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in West Long Branch, NJ is 1-bedrooms: $2,700, 2-bedrooms: $4,730, 3-bedrooms: $3,150, 4-bedrooms: $3,540. The most common rental property sizes in West Long Branch, NJ are 1-bedroom and 2-bedroom, accounting for 51.8% and 16.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,300 | $3,700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $2,700 | $2,700 |
| 2 Bed Rent | $3,950 | $4,730 |
| 3 Bed Rent | $2,700 | $3,150 |
| 4 Bed Rent | $2,800 | $3,540 |
% of Rental Stock
Property Listings — West Long Branch, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in West Long Branch, NJ is 69. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 5.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,520,000 | 56.0% |
Listing Count | 38 | -8.0% |
| Listings as % of Homes | 0.9% | -8.0% |
Days on Market | 69 | 0.0% |
Demographics — West Long Branch, NJ
As of the latest ACS Survey released in 2023, West Long Branch, NJ has a population of 8,580, which has increased by 8.3% over the past 5 years. West Long Branch, NJ is a moderately popular place for families, as children make up 20.1% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,580 | 8.3% |
% Under 18 | 20.1% | -2.9% |
% Seniors | 15.3% | 6.2% |
% WFH | 20.7% | 404.9% |
% w/ College Degree | 45.9% | 8.5% |
As of the latest ACS Survey released in 2023, West Long Branch, NJ is a predominantly white area, with 80.0% of the population identifying as white. The white population has shrunk by 7.6% in the last 5 years. The second most common race or ethnicity in West Long Branch, NJ is hispanic, making up 7.0% of the population. Foreign-born residents account for 7.9% of the population in West Long Branch, NJ, and this percentage has increased by 12.9% 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 | 80.0% | -7.6% |
% Black | 5.5% | 19.6% |
% Hispanic | 7.0% | 14.8% |
% Asian | 1.1% | 57.1% |
% Foreign Born | 7.9% | 12.9% |
Mortgage and Risk — West Long Branch, NJ
According to HUD data as of 2023, there were 118 mortgage originations in West Long Branch, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 51.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in West Long Branch, NJ. Investor activity is low, as 4.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 118 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 4.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — West Long Branch, NJ
As of 2024, the percent of homes in West Long Branch, NJ under the Section 8 program is 20.8%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in West Long Branch, NJ, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 168 |
Total Units Section 8 | 168 |
% Rentals under Section 8 | 20.8% |
% Occupied Section 8 | 86.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$740 | $2,700 | $1,960 |
| 2 Bedroom | -$1,530 | $3,950 | $2,420 |
| 3 Bedroom | $520 | $2,700 | $3,220 |
| 4 Bedroom | $790 | $2,800 | $3,590 |
Affordability — West Long Branch, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $944,000 |
| Median Household Income | $124,000 |