Ocean County, New Jersey home prices
Typical home $551,299 · +4.8% in a year · property tax 1.65%
The typical home in Ocean County is worth $551,299, 4% less than the New Jersey typical home ($575,123). Values changed +4.8% in the past year and +41.1% over five years. Homeowners here pay a median 1.65% of their home's value in property tax each year ($9,080 on the typical home), versus 1.82% statewide.
Mortgage on the typical Ocean County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $110,260 | $441,039 | $2,967 | $0 | $1,032 | $3,999 | $171,400 |
| 10% down | $55,130 | $496,169 | $3,338 | $207 | $1,032 | $4,577 | $196,200 |
| 5% down | $27,565 | $523,734 | $3,523 | $218 | $1,032 | $4,774 | $204,600 |
| 3.5% down (FHA) | $19,295 | $541,314 | $3,641 | $244 | $1,032 | $4,918 | $210,800 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.65% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in New Jersey · part of the New York metro area.
New Jersey counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Middlesex County | $579,852 | +3.1% | 2.1% |
| Passaic County | $597,668 | +4.5% | 2.18% |
| Hunterdon County | $627,345 | +3.0% | 1.93% |
| Union County | $627,890 | +2.3% | 1.89% |
| Hudson County | $636,059 | +1.5% | 1.77% |
| Somerset County | $656,346 | +2.7% | 1.81% |
| Sussex County | $445,283 | +2.7% | 2.32% |
| Essex County | $658,593 | +3.8% | 1.91% |
| Mercer County | $439,984 | +0.2% | 2.36% |
| Burlington County | $418,637 | +2.2% | 2.26% |
Frequently asked questions
What is the average home price in Ocean County, NJ?
The typical home value in Ocean County is $551,299 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Ocean County?
About $171,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Ocean County?
The median effective rate is 1.65% of home value a year (Census ACS 2024 5-year estimates).