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Waretown, NJ

Full City Profile · New Jersey · Ocean County County

3.7 /5.0
B+ Good
1,894 Population 2,059/sq mi density
$118,450 Median Income $46,828 per capita
$498,600 Home Value $539,056 Zillow
53°F Avg Temperature 290 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$118,450 median income, 6.6% unemployment
A
Affordability
4.3 / 5.0
$498,600 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.7 / 5.0
33.7% bachelor's degree or higher

Housing Overview

Median Home Value
$498,600
77% above
US avg: $281,900
Homeownership Rate
83.9%
28% above US avg (65.4%)
Total Housing Units
946
Median year built: 1966

Home Value by Source

Census Median
$498,600
Zillow (ZHVI)
$539,056
Median Sale Price
$445,000
Median List Price
$399,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.9%
Owner-Occupied
16.1%
Renter-Occupied
84%
16%
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

Market Indicators (Redfin)

Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
7.7%
of listings with price reduction
Price Per Sq Ft
$413
Active Inventory
13
homes for sale

Affordability & Housing Stock

Rent Burden
35.9%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
83.9%

Complete Housing Data

Home Values

Census Median Value$498,600
Zillow Home Value (ZHVI)$539,056
Median Sale Price$445,000
Median List Price$399,000
Price Per Sq Ft$413

Rent

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 Market36
Sale-to-List Ratio1.0%
Price Drops7.7%
Homes Sold2
Active Inventory13
Price Per Sq Ft$413

Ownership & Stock

Owner-Occupied83.9%
Renter-Occupied16.1%
Homeownership Rate83.9%
Total Housing Units946
Median Year Built1966
Rent Burden35.9%