Ocean View, NJ—08230
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Ocean View, NJ
As of Oct '25, the median home price in Ocean View, NJ is $465,000, with a year-over-year change of 3.5%. This indicates that home prices in Ocean View, NJ are increasing. According to Zillow, the 1-year price projection is 2.8%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $465,000 | 3.5% |
| Single Family | $504,000 | 1.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $478,000 | 2.8% |
4 Bed | $617,000 | 1.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Ocean View, NJ
Ocean View, NJ lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Ocean View, NJ
As of Oct '25, Realtor.com reports that the median days on market for a home in Ocean View, NJ is 51. This is a decrease of -18.0% 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 13.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $499,000 | -24.0% |
Listing Count | 45 | 132.0% |
| Listings as % of Homes | 0.6% | 132.0% |
Days on Market | 51 | -18.0% |
Demographics — Ocean View, NJ
As of the latest ACS Survey released in 2023, Ocean View, NJ has a population of 6,000, which has increased by 12.3% over the past 5 years. Ocean View, NJ is a moderately popular place for families, as children make up 24.1% of the population. The area has a moderately educated workforce, with 44.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,000 | 12.3% |
% Under 18 | 24.1% | 4.8% |
% Seniors | 27.1% | 41.9% |
% WFH | 10.4% | 215.2% |
% w/ College Degree | 44.1% | -0.2% |
As of the latest ACS Survey released in 2023, Ocean View, NJ is a predominantly white area, with 95.8% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Ocean View, NJ is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.5% of the population in Ocean View, NJ, and this percentage has decreased by 30.6% 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 | 95.8% | 4.1% |
% Black | 0.2% | 100.0% |
% Hispanic | 1.1% | -80.4% |
% Asian | 0.7% | -41.7% |
% Foreign Born | 2.5% | -30.6% |
Mortgage and Risk — Ocean View, NJ
According to HUD data as of 2023, there were 95 mortgage originations in Ocean View, NJ, of which 95.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Ocean View, NJ. Investor activity is low, as 3.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 95 |
% Conventional Loans | 95.0% |
% Government Loans | 5.0% |
% Investor Loans | 3.0% |
% Second Loans | 11.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Ocean View, NJ
Ocean View, NJ lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,390 |
| 2 Bedroom | N/A | N/A | $1,830 |
| 3 Bedroom | N/A | N/A | $2,450 |
| 4 Bedroom | N/A | N/A | $2,460 |
Affordability — Ocean View, NJ
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $465,000 |
| Median Household Income | $111,000 |