What is the median home value in Ocean Gate Borough, NJ?
The median value of owner-occupied homes in Ocean Gate Borough, NJ is $358,000 (±$13,892), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Ocean Gate Borough, the median home value went from $240,800 in 2015–2019 to $358,000 in 2020–2024 (+48.7%).
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
- $358,000 (±$13,892)
- Owner-occupied homes
- 586 (±107)
- Most common range
- $300,000 to $499,999
Home values in Ocean Gate Borough
| Value | Ocean Gate Borough | Ocean County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±7.4 points) | 3.6% | 2.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±7.4 points) | 3.8% | 1.8% | 6.1% |
| $100,000 to $149,999 | 0.0% (±7.4 points) | 2.7% | 2.2% | 6.8% |
| $150,000 to $199,999 | 3.8% (±3.9 points) | 4.5% | 4.3% | 9.0% |
| $200,000 to $299,999 | 15.9% (±8.0 points) | 15.7% | 12.9% | 17.8% |
| $300,000 to $499,999 | 70.0% (±10.2 points) | 37.4% | 34.2% | 26.9% |
| $500,000 to $999,999 | 8.0% (±5.6 points) | 26.4% | 34.5% | 20.9% |
| $1,000,000 or more | 2.4% (±2.3 points) | 5.9% | 7.6% | 7.1% |
The most common range is $300,000 to $499,999, 70.0% 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.
Ocean Gate Borough against Ocean County, its state and the nation
| Ocean Gate Borough | Ocean County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $358,000 (±$13,892) | $398,400 (±$3,284) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 586 (±107) | 196,874 (±2,083) | 2,239,128 (±10,678) | 84,210,142 |
In Ocean Gate Borough, the median home value is lower than in Ocean County ($398,400).
It is also lower than in New Jersey ($454,400).
It is higher than the national figure ($332,700).
In Ocean County, Ocean Gate Borough ranks 26 of 33 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 399 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Ocean Gate Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $240,800 (±$18,770) | $358,000 (±$13,892) | +48.7% | Up after inflation |
| Median owner cost with a mortgage | $1,711 (±$124) | $2,042 (±$182) | +19.3% | No measurable change after inflation |
| Median real estate taxes | $4,764 (±$483) | $6,168 (±$233) | +29.5% | 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 Ocean Gate Borough
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Ocean Gate Borough | — | $358,000 (±$13,892) | — |
| Island Heights Borough | 1.2 mi | $546,800 (±$51,067) | Higher |
| Pine Beach Borough | 2.0 mi | $457,800 (±$10,857) | Higher |
| Seaside Park Borough | 3.0 mi | $860,200 (±$64,680) | Higher |
| Berkeley Township | 3.2 mi | $310,000 (±$8,347) | Lower |
| Seaside Heights Borough | 3.3 mi | $408,200 (±$65,658) | Not measurably different |
| Dover Beaches South | 3.4 mi | $753,400 (±$61,573) | Higher |
| Beachwood Borough | 3.6 mi | $352,600 (±$12,466) | Not measurably different |
| South Toms River Borough | 3.9 mi | $299,700 (±$24,583) | Lower |
Nearby places with a measurably lower figure: Berkeley Township, NJ ($310,000), South Toms River Borough, NJ ($299,700).
Nearby places with a measurably higher figure: Island Heights Borough, NJ ($546,800), Pine Beach Borough, NJ ($457,800), Seaside Park Borough, NJ ($860,200).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Ocean County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 20 | Toms River Township | $416,700 (±$9,685) |
| 21 | Brick Township | $410,600 (±$10,327) |
| 22 | Lacey Township | $409,400 (±$21,854) |
| 23 | Seaside Heights Borough | $408,200 (±$65,658) |
| 24 | Barnegat Township | $399,000 (±$16,818) |
| 25 | Eagleswood Township | $365,400 (±$38,407) |
| 26 | Ocean Gate Borough | $358,000 (±$13,892) |
| 27 | Beachwood Borough | $352,600 (±$12,466) |
| 28 | Little Egg Harbor Township | $351,500 (±$14,943) |
| 29 | Tuckerton Borough | $349,300 (±$40,143) |
| 30 | Berkeley Township | $310,000 (±$8,347) |
| 31 | South Toms River Borough | $299,700 (±$24,583) |
| 32 | Lakehurst Borough | $248,400 (±$34,205) |
Showing 13 of 33 places in Ocean 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.
What you can do on Seayora in Ocean Gate Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Ocean Gate Borough beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Ocean Gate Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Ocean Gate Borough, and send estimates and invoices from your phone.
Questions about Ocean Gate Borough
What is the average home value in Ocean Gate Borough, NJ?
The Census Bureau publishes the median: $358,000 (±$13,892) for owner-occupied homes in Ocean Gate Borough (2020–2024 American Community Survey).
Have home values in Ocean Gate Borough gone up?
In Ocean Gate Borough, the median home value went from $240,800 in 2015–2019 to $358,000 in 2020–2024 (+48.7%).
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 Ocean Gate 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Ocean Gate borough, Ocean County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Ocean Gate borough, Ocean County, New Jersey (county subdivision:54450, in state:34 county:029).
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.
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 .
Related
- Housing in Ocean Gate Borough at a glance
- Income and affordability in Ocean Gate Borough
- Homeowner costs in Ocean Gate Borough
- Property taxes in Ocean Gate Borough
- Types of homes in Ocean Gate Borough
- Bedrooms in Ocean Gate Borough
- Age of homes in Ocean Gate Borough
- Heating fuel in Ocean Gate Borough
- Commute and cars in Ocean Gate Borough
- Crime reported to police in Ocean Gate Borough
- Population growth in Ocean Gate Borough
- How long people stay in Ocean Gate Borough
- Fair Market Rent in Ocean Gate Borough
- New Jersey landlord and tenant rules
- Housing across Ocean County
- New Jersey places ranked by median home value
- Housing data for every place in New Jersey