What is the median home value in Shark River Hills, NJ?

The median value of owner-occupied homes in Shark River Hills, NJ is $523,400 (±$45,344), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Shark River Hills, the median home value went from $357,400 in 2015–2019 to $523,400 in 2020–2024 (+46.4%).

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
$523,400 (±$45,344)
Owner-occupied homes
1,244 (±124)
Most common range
$500,000 to $999,999

Home values in Shark River Hills

Owner-occupied homes by value, 2020–2024
ValueShark River HillsMonmouth CountyNew JerseyUnited States
Less than $50,0000.0% (±3.5 points)1.8%2.5%5.3%
$50,000 to $99,9991.3% (±2.1 points)1.3%1.8%6.1%
$100,000 to $149,9990.6% (±0.9 points)0.9%2.2%6.8%
$150,000 to $199,9990.4% (±0.7 points)1.3%4.3%9.0%
$200,000 to $299,9991.3% (±1.5 points)4.7%12.9%17.8%
$300,000 to $499,99942.9% (±7.9 points)26.7%34.2%26.9%
$500,000 to $999,99950.2% (±7.7 points)49.2%34.5%20.9%
$1,000,000 or more3.3% (±1.8 points)14.1%7.6%7.1%

The most common range is $500,000 to $999,999, 50.2% 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.

Shark River Hills against Monmouth County, its state and the nation

Estimate (90% margin of error)
Shark River HillsMonmouth CountyNew JerseyUnited States
Median home value$523,400 (±$45,344)$606,100 (±$5,540)$454,400 (±$1,150)$332,700
Owner-occupied homes1,244 (±124)190,173 (±1,568)2,239,128 (±10,678)84,210,142

In Shark River Hills, the median home value is lower than in Monmouth County ($606,100).

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

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

In Monmouth County, Shark River Hills ranks 14 of 20 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 73 of 248.

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

How home values in Shark River Hills have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$357,400 (±$9,353)$523,400 (±$45,344)+46.4%Up after inflation
Median owner cost with a mortgage$2,257 (±$140)$2,670 (±$194)+18.3%No measurable change after inflation
Median real estate taxes$7,100 (±$267)$9,916 (±$714)+39.7%Up 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 Shark River Hills

Nearest places with a published estimate, compared with Shark River Hills
PlaceDistanceMedian home valueCompared with this place
Shark River Hills—$523,400 (±$45,344)—
Neptune City Borough0.9 mi$420,700 (±$26,555)Lower
Belmar Borough1.5 mi$861,800 (±$45,684)Higher
West Belmar1.6 mi$531,300 (±$66,225)Not measurably different
Avon-by-the-Sea Borough1.7 mi$1,509,600 (±$256,512)Higher
Lake Como Borough1.9 mi$634,500 (±$46,403)Higher
Bradley Beach Borough2.0 mi$932,800 (±$105,549)Higher
Ocean Grove2.5 mi$790,100 (±$100,018)Higher
Spring Lake Borough2.9 mi$2,000,000 or more—

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

Nearby places with a measurably higher figure: Belmar Borough, NJ ($861,800), Avon-by-the-Sea Borough, NJ ($1,509,600), Lake Como Borough, NJ ($634,500).

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
8Fairview$622,600 (±$14,802)
9Yorketown$598,000 (±$35,455)
10Wanamassa$570,100 (±$43,073)
11Strathmore$539,500 (±$27,529)
12West Belmar$531,300 (±$66,225)
13West Freehold$529,000 (±$39,685)
14Shark River Hills$523,400 (±$45,344)
15Belford$514,000 (±$85,376)
16Ramtown$487,500 (±$31,037)
17Port Monmouth$451,300 (±$49,456)
18Leonardo$450,700 (±$40,083)
19Cliffwood Beach$365,600 (±$29,440)
20North Middletown$357,100 (±$43,910)

Showing 13 of 20 places in Monmouth County, ranked from highest to lowest.

Shark River Hills is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Neptune Township, whose figures include it.

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 Shark River Hills

What is the average home value in Shark River Hills, NJ?

The Census Bureau publishes the median: $523,400 (±$45,344) for owner-occupied homes in Shark River Hills (2020–2024 American Community Survey).

Have home values in Shark River Hills gone up?

In Shark River Hills, the median home value went from $357,400 in 2015–2019 to $523,400 in 2020–2024 (+46.4%).

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 Shark River Hills 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 Shark River Hills CDP, New Jersey (place:66840, in state:34).

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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