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OCEAN GATE, NJ 08740

Real Estate Market Report  ·  Ocean County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
12
⇧ 9.1% vs 11 last year
Pending
5
42% pending ratio
Median Price
$599,900
⇧ 30.4% vs $459,900 last year
Average Price
$690,500
⇧ 52.2% vs $453,735 last year
Days on Market
57
⇧ 29.5% vs 44 days last year

Market Context

Population: 1,682  ·  Density: 1,443.4/mi²  ·  Median household income: $67,788

Typical home value: $320,335  ·  Homeownership: 79.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The OCEAN GATE, NJ real estate market (08740) currently shows 12 active listings, with 5 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 57 days on market compared to 44 days last year.

The median listing price has risen 30.4% year-over-year, from $459,900 to $599,900.

Whether you are buying or selling in OCEAN GATE, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 11 last year
  • Days on market: 57 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $599,900 (+30.4% YoY)
  • Average: $690,500 (+52.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.6 miles — 900 listings ($748,917,604 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08740Ocean Gate, NJ 087400.0 mi12$8,286,000$599,900$690,500
08741Pine Beach, NJ 087412.1 mi7$5,057,906$595,000$722,558
08721Bayville, NJ 087213.4 mi68$48,862,352$575,000$718,564
08722Beachwood, NJ 087223.9 mi30$14,947,710$514,900$498,257
08734Lanoka Harbor, NJ 087345.0 mi29$18,595,119$530,000$641,211
08738Mantoloking, NJ 087387.2 mi21$181,088,250$7,299,000$8,623,250
08755Toms River, NJ 087557.5 mi129$93,150,642$502,000$722,098
08731Forked River, NJ 0873110.0 mi94$67,473,576$649,900$717,804
08742Point Pleasant Beach, NJ 0874211.0 mi82$139,480,606$959,900$1,700,983
08758Waretown, NJ 0875811.4 mi50$28,033,650$468,990$560,673
08759Manchester Township, NJ 0875912.4 mi349$91,016,408$215,000$260,792
08736Manasquan, NJ 0873613.5 mi27$51,031,485$1,500,000$1,890,055
08720Allenwood, NJ 0872014.6 mi2$1,893,900$946,950$946,950

Frequently Asked Questions

How many homes are for sale in OCEAN GATE, NJ 08740?

As of January 2026, there are 12 active listings in OCEAN GATE, NJ (zip code 08740), compared to 11 the prior year.

What is the median home price in OCEAN GATE, NJ 08740?

The median listing price in OCEAN GATE, NJ 08740 is $599,900 as of January 2026, a 30.4% increase from $459,900 the prior year.

How long do homes stay on the market in OCEAN GATE, NJ?

Homes in OCEAN GATE, NJ 08740 spend an average of 57 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in OCEAN GATE, NJ 08740?

Based on current inventory and days-on-market data as of January 2026, OCEAN GATE, NJ 08740 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 57 days on market compared to 44 days last year.

How much can I save on real estate commission in OCEAN GATE, NJ?

With SELL123.com's maximum 3% commission, sellers in OCEAN GATE, NJ 08740 save an estimated $11,998 compared to a typical 5% commission on the median listing price of $599,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.