What is the median home value in Neptune City Borough, NJ?

The median value of owner-occupied homes in Neptune City Borough, NJ is $420,700 (±$26,555), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Neptune City Borough, the median home value went from $289,300 in 2015–2019 to $420,700 in 2020–2024 (+45.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on .

Median home value
$420,700 (±$26,555)
Owner-occupied homes
1,496 (±220)
Most common range
$300,000 to $499,999

Home values in Neptune City Borough

Owner-occupied homes by value, 2020–2024
ValueNeptune City BoroughMonmouth CountyNew JerseyUnited States
Less than $50,0002.5% (±3.0 points)1.8%2.5%5.3%
$50,000 to $99,9990.0% (±3.0 points)1.3%1.8%6.1%
$100,000 to $149,9990.0% (±3.0 points)0.9%2.2%6.8%
$150,000 to $199,9990.0% (±3.0 points)1.3%4.3%9.0%
$200,000 to $299,99916.1% (±9.8 points)4.7%12.9%17.8%
$300,000 to $499,99963.1% (±11.5 points)26.7%34.2%26.9%
$500,000 to $999,99918.2% (±8.7 points)49.2%34.5%20.9%
$1,000,000 or more0.0% (±3.0 points)14.1%7.6%7.1%

The most common range is $300,000 to $499,999, 63.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Neptune City Borough against Monmouth County, its state and the nation

Estimate (90% margin of error)
Neptune City BoroughMonmouth CountyNew JerseyUnited States
Median home value$420,700 (±$26,555)$606,100 (±$5,540)$454,400 (±$1,150)$332,700
Owner-occupied homes1,496 (±220)190,173 (±1,568)2,239,128 (±10,678)84,210,142

In Neptune City Borough, the median home value is lower than in Monmouth County ($606,100).

It is also lower than in New Jersey ($454,400).

It is higher than the national figure ($332,700).

In Monmouth County, Neptune City Borough ranks 47 of 53 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 314 of 561.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Neptune City Borough have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$289,300 (±$16,549)$420,700 (±$26,555)+45.4%Up after inflation
Median owner cost with a mortgage$2,115 (±$145)$2,512 (±$381)+18.8%No measurable change after inflation
Median real estate taxes$6,512 (±$309)$7,976 (±$710)+22.5%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Neptune City Borough

Nearest places with a published estimate, compared with Neptune City Borough
PlaceDistanceMedian home valueCompared with this place
Neptune City Borough—$420,700 (±$26,555)—
Shark River Hills0.9 mi$523,400 (±$45,344)Higher
Bradley Beach Borough1.1 mi$932,800 (±$105,549)Higher
Avon-by-the-Sea Borough1.1 mi$1,509,600 (±$256,512)Higher
Neptune Township1.4 mi$455,900 (±$18,017)Higher
Belmar Borough1.5 mi$861,800 (±$45,684)Higher
Ocean Grove1.6 mi$790,100 (±$100,018)Higher
Asbury Park2.0 mi$581,100 (±$73,093)Higher
West Belmar2.1 mi$531,300 (±$66,225)Higher

Nearby places with a measurably higher figure: Shark River Hills, NJ ($523,400), Bradley Beach Borough, NJ ($932,800), Avon-by-the-Sea Borough, NJ ($1,509,600).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Monmouth County, place by place

RankPlaceMedian home value
41Hazlet Township$465,900 (±$13,206)
42Union Beach Borough$460,900 (±$20,530)
43Neptune Township$455,900 (±$18,017)
44Highlands Borough$455,000 (±$106,841)
45Aberdeen Township$448,200 (±$13,942)
46Farmingdale Borough$427,300 (±$35,172)
47Neptune City Borough$420,700 (±$26,555)
48Keyport Borough$417,100 (±$20,857)
49Freehold Borough$416,800 (±$21,501)
50Allentown Borough$415,600 (±$25,682)
51Roosevelt Borough$364,900 (±$16,650)
52Keansburg Borough$311,800 (±$27,672)
53Shrewsbury Township$165,300 (±$7,960)

Showing 13 of 53 places in Monmouth County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Neptune City Borough

What is the average home value in Neptune City Borough, NJ?

The Census Bureau publishes the median: $420,700 (±$26,555) for owner-occupied homes in Neptune City Borough (2020–2024 American Community Survey).

Have home values in Neptune City Borough gone up?

In Neptune City Borough, the median home value went from $289,300 in 2015–2019 to $420,700 in 2020–2024 (+45.4%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in Neptune City Borough sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Neptune City borough, Monmouth County, New Jersey (county subdivision:49920, in state:34 county:025).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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