What is the median home value in Neptune Township, NJ?

The median value of owner-occupied homes in Neptune Township, NJ is $455,900 (±$18,017), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Neptune Township, the median home value went from $309,700 in 2015–2019 to $455,900 in 2020–2024 (+47.2%).

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
$455,900 (±$18,017)
Owner-occupied homes
7,970 (±456)
Most common range
$300,000 to $499,999

Home values in Neptune Township

Owner-occupied homes by value, 2020–2024
ValueNeptune TownshipMonmouth CountyNew JerseyUnited States
Less than $50,0003.9% (±1.5 points)1.8%2.5%5.3%
$50,000 to $99,9991.3% (±1.0 points)1.3%1.8%6.1%
$100,000 to $149,9990.4% (±0.6 points)0.9%2.2%6.8%
$150,000 to $199,9991.2% (±0.9 points)1.3%4.3%9.0%
$200,000 to $299,9997.3% (±2.9 points)4.7%12.9%17.8%
$300,000 to $499,99946.8% (±4.6 points)26.7%34.2%26.9%
$500,000 to $999,99933.3% (±4.0 points)49.2%34.5%20.9%
$1,000,000 or more5.7% (±2.4 points)14.1%7.6%7.1%

The most common range is $300,000 to $499,999, 46.8% 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 Township against Monmouth County, its state and the nation

Estimate (90% margin of error)
Neptune TownshipMonmouth CountyNew JerseyUnited States
Median home value$455,900 (±$18,017)$606,100 (±$5,540)$454,400 (±$1,150)$332,700
Owner-occupied homes7,970 (±456)190,173 (±1,568)2,239,128 (±10,678)84,210,142

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

It is not measurably different from New Jersey ($454,400).

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

In Monmouth County, Neptune Township ranks 43 of 53 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 271 of 561.

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

How home values in Neptune Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$309,700 (±$8,963)$455,900 (±$18,017)+47.2%Up after inflation
Median owner cost with a mortgage$2,214 (±$63)$2,408 (±$85)+8.8%Down after inflation
Median real estate taxes$6,461 (±$128)$8,180 (±$340)+26.6%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 Township

Nearest places with a published estimate, compared with Neptune Township
PlaceDistanceMedian home valueCompared with this place
Neptune Township—$455,900 (±$18,017)—
Neptune City Borough1.4 mi$420,700 (±$26,555)Lower
Wanamassa2.1 mi$570,100 (±$43,073)Higher
Bradley Beach Borough2.4 mi$932,800 (±$105,549)Higher
Asbury Park2.4 mi$581,100 (±$73,093)Higher
Interlaken Borough2.4 mi$1,058,200 (±$52,812)Higher
Avon-by-the-Sea Borough2.6 mi$1,509,600 (±$256,512)Higher
Belmar Borough2.8 mi$861,800 (±$45,684)Higher
Ocean Township (Monmouth County)3.0 mi$678,300 (±$17,260)Higher

Nearby places with a measurably lower figure: Neptune City Borough, NJ ($420,700).

Nearby places with a measurably higher figure: Wanamassa, NJ ($570,100), Bradley Beach Borough, NJ ($932,800), Asbury Park, NJ ($581,100).

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
37Red Bank Borough$504,900 (±$63,340)
38Eatontown Borough$492,400 (±$29,129)
39Tinton Falls Borough$478,000 (±$26,587)
40Matawan Borough$467,800 (±$23,824)
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)

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

The figures for Neptune Township include the places inside it that have pages of their own: Ocean Grove, Shark River Hills.

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 Township

What is the average home value in Neptune Township, NJ?

The Census Bureau publishes the median: $455,900 (±$18,017) for owner-occupied homes in Neptune Township (2020–2024 American Community Survey).

Have home values in Neptune Township gone up?

In Neptune Township, the median home value went from $309,700 in 2015–2019 to $455,900 in 2020–2024 (+47.2%).

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 Township 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 township, Monmouth County, New Jersey (county subdivision:49890, 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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