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Ocean Grove, NJ
Full City Profile · New Jersey · Monmouth County County
2.8
/5.0
C+
Fair
2,916
Population
7,881/sq mi density
$74,410
Median Income
$84,718 per capita
$764,200
Home Value
$1,065,125 Zillow
$1,212
Median Rent
29.2% income on rent
54°F
Avg Temperature
271 sunny days/yr
70
Violent Crime/100K
3,232 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$74,410 median income, 3.0% unemployment
F
Affordability
1.0 / 5.0
$764,200 home value, $1,212/mo rent
F
Safety
1.0 / 5.0
70 violent crimes/100K
A+
Education
5.0 / 5.0
66.3% bachelor's degree or higher
Housing Overview
Median Home Value
$764,200
171% above
US avg: $281,900
Median Rent
$1,212/mo
4% above
US avg: $1,163/mo
Homeownership Rate
61.7%
6% below US avg (65.4%)
Total Housing Units
2,853
Median year built: 1938
Home Value by Source
Census Median
$764,200
Zillow (ZHVI)
$1,065,125
Median Sale Price
$521,119
Median List Price
$779,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
61.7%
Owner-Occupied
38.3%
Renter-Occupied
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:
$1,212/mo
Market Indicators (Redfin)
Median Days on Market
33 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$797
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
61.7%
Complete Housing Data
Home Values
| Census Median Value | $764,200 |
| Zillow Home Value (ZHVI) | $1,065,125 |
| Median Sale Price | $521,119 |
| Median List Price | $779,000 |
| Price Per Sq Ft | $797 |
Rent
| Census Median Rent | $1,212 |
| 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 Market | 33 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 7 |
| Price Per Sq Ft | $797 |
Ownership & Stock
| Owner-Occupied | 61.7% |
| Renter-Occupied | 38.3% |
| Homeownership Rate | 61.7% |
| Total Housing Units | 2,853 |
| Median Year Built | 1938 |
| Rent Burden | 29.2% |