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Forked River, NJ

Full City Profile · New Jersey · Ocean County County

3.1 /5.0
B Good
4,988 Population 1,820/sq mi density
$87,455 Median Income $48,101 per capita
$404,600 Home Value $489,282 Zillow
$2,071 Median Rent 24.1% income on rent
53°F Avg Temperature 290 sunny days/yr
71 Violent Crime/100K 1,179 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$87,455 median income, 5.6% unemployment
A
Affordability
4.1 / 5.0
$404,600 home value, $2,071/mo rent
F
Safety
1.0 / 5.0
71 violent crimes/100K
C+
Education
3.0 / 5.0
24.4% bachelor's degree or higher

Housing Overview

Median Home Value
$404,600
44% above
US avg: $281,900
Median Rent
$2,071/mo
78% above
US avg: $1,163/mo
Homeownership Rate
91.3%
40% above US avg (65.4%)
Total Housing Units
2,713
Median year built: 1980

Home Value by Source

Census Median
$404,600
Zillow (ZHVI)
$489,282
Median Sale Price
$500,000
Median List Price
$567,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.3%
Owner-Occupied
8.7%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,071/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
26.3%
of listings with price reduction
Price Per Sq Ft
$363
Active Inventory
19
homes for sale

Affordability & Housing Stock

Rent Burden
24.1%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
91.3%

Complete Housing Data

Home Values

Census Median Value$404,600
Zillow Home Value (ZHVI)$489,282
Median Sale Price$500,000
Median List Price$567,500
Price Per Sq Ft$363

Rent

Census Median Rent$2,071
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market41
Sale-to-List Ratio1.0%
Price Drops26.3%
Homes Sold7
Active Inventory19
Price Per Sq Ft$363

Ownership & Stock

Owner-Occupied91.3%
Renter-Occupied8.7%
Homeownership Rate91.3%
Total Housing Units2,713
Median Year Built1980
Rent Burden24.1%