Ocean, NJ 07712 Real Estate Market Report

ZIP Code: 07712
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. 749,900 is the primary market-value signal based on recent transactions — the median sold price indicates the neighborhood's realized pricing and should guide valuations and comp-based offers in Ocean, NJ.

2. There is a meaningful gap between median listing price at 815,000 and the median sold price at 749,900, which may indicate pricing friction where seller expectations exceed recent transaction levels; consider positioning offers or pricing strategies to reflect the realized median sold price rather than asking price.

3. Market conditions appear strong with a hot market temperature and a price year-over-year trend of up, while rental fundamentals also show strength with rent year-over-year trend of up; prioritize short-term listing strategies that capture demand if targeting quick turnarounds.

4. Liquidity is mixed: the median days on market is 319, which suggests slower sales velocity despite overall heat; coupled with moderate interest rate pressure, sellers may need longer marketing windows or flexible negotiation terms even as prices remain elevated.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Ocean, NJ 07712 Real Estate Market Report

ZIP Code: 07712
Report Date: May 2026
Market Temperature: HOT
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

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Key Findings

1. median sold price: $579,000 is the primary indicator of realized market value in Ocean, NJ and, when paired with the median listing price: $644,950, suggests a gap where seller asking expectations exceed recent transaction prices; this pricing spread may indicate listing-side optimism relative to closed sales.

2. The market is characterized as hot with prices trending up and rents trending up; up price momentum alongside a hot market temperature supports continued seller leverage in negotiations.

3. Despite the hot market and rising prices, the median days on market: 319 signals slower sales velocity and pricing friction; this extended time to close appears to moderate liquidity rather than indicating immediate distress.

4. Pricing per unit area and rental context remain elevated: median price per square foot: $368 and median market rent: $3,500 reflect a relatively high-cost, rent-supportive market; these levels support pricing for both SFR and condominium segments but do not imply specific returns.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.