Ocean Gate, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 48 transactions over the past year in Ocean Gate. The median value for residential home transactions that occurred over the previous year is $453,351. The number of current listings in Ocean Gate is 50, and the percentage of properties for sale in the city is 50.00%. Ocean Gate, NJ currently has 14 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 50 properties for sale.
Ocean Gate, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 08740 | $ 453,351 $ 406/sqft |
Housing Market Summary for Ocean Gate, NJ
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $419.9K | $474.5K | 13.00% |
| Median Sold Price | $408.9K | $348.4K | -14.80% |
| Homes For Sale | 39 | 51 | 30.77% |
| Homes Sold | 18 | 14 | -22.22% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Ocean Gate, NJ
Browse Homes in Ocean Gate, NJ
Ocean Gate home values range from $252,188 to $992,405. The median estimated value of a home in Ocean Gate is $453,351. The median list price of a home is 499,900, and the total count of properties in the city is 90.
- Pre-ForeclosurePre-foreclosure homes account for 14.44% of all residential properties in Ocean Gate, NJ with 08740 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Ocean Gate, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $490,268 in 08740 to the lowest home value of $289,999 in 08740.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Ocean Gate, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Ocean Gate, NJ. There is 1 zips within Ocean Gate, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions08740 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Ocean Gate, NJ. Auction homes and other auction properties account for 1.11% of all properties in Ocean Gate, NJ. There is 1 zips within Ocean Gate, NJ; of that zips, the median estimated home value for homes going to auction ranges from $375,000 in 08740 to the lowest value of $375,000 in 08740.
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Guide for Ocean Gate, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
