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OCEAN GATE, NJ 08740

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The OCEAN GATE, NJ real estate market (08740) currently shows 14 active listings, with 4 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 80 days on market compared to 27 days last year.

The median listing price has risen 27.6% year-over-year, from $424,950 to $542,425.

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 Context

Market Context

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

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

Market Overview

Active Listings
14
⇧ 16.7% vs 12 last year
Pending
4
29% pending ratio
Median Price
$542,425
⇧ 27.6% vs $424,950 last year
Average Price
$591,984
⇧ 40% vs $422,770 last year
Days on Market
80
⇧ 196.3% vs 27 days last year

Price Per Square Foot

Median $/sqft
$396
⇧ 5.6% vs $375/sqft last year
Median Home Size
1,278 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 12 last year
  • Days on market: 80 now vs 27 last year

Median & Average Pricing

Year over Year
  • Median: $542,425 (+27.6% YoY)
  • Average: $591,984 (+40% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.5 miles — 966 listings ($634,791,099 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
08740Ocean Gate, NJ 087400.0 mi14$8,837,766$569,900$631,269
08741Pine Beach, NJ 087412.1 mi5$4,995,000$999,000$999,000
08721Bayville, NJ 087213.4 mi74$56,980,296$599,200$770,004
08722Beachwood, NJ 087223.9 mi32$17,122,560$533,700$535,080
08734Lanoka Harbor, NJ 087345.0 mi26$18,279,586$692,426$703,061
08739Normandy Beach, NJ 087395.9 mi1$950,000$950,000$950,000
08757Toms River, NJ 087577.2 mi277$110,337,964$381,697$398,332
08723Brick, NJ 087237.6 mi109$75,702,353$533,500$694,517
08701Lakewood, NJ 0870110.9 mi255$150,524,205$391,225$590,291
08724Brick, NJ 0872411.1 mi138$99,637,794$533,000$722,013
08006Barnegat Light, NJ 0800612.3 mi10$31,752,700$2,217,500$3,175,270
08730Brielle, NJ 0873012.5 mi20$57,462,000$2,247,500$2,873,100
08733Lakehurst, NJ 0873314.5 mi5$2,208,875$440,950$441,775

Frequently Asked Questions

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

As of March 2026, there are 14 active listings in OCEAN GATE, NJ (zip code 08740), compared to 12 the prior year.

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

The median listing price in OCEAN GATE, NJ 08740 is $542,425 as of March 2026, a 27.6% increase from $424,950 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 80 days on the market before going under contract, compared to 27 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 March 2026, OCEAN GATE, NJ 08740 is currently a Buyer's Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 27 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 $10,849 compared to a typical 5% commission on the median listing price of $542,425. 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.