The story of this market
The typical home in ZIP 07712 sells for about $688,000, or $435 per square foot.
Prices are up +4.1% from a year ago, so sellers still have some momentum. Homes take about 25 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,603 a month.
ZIP 07712 — Asbury Park
The 07712 housing market remains competitive with steady price appreciation and low inventory levels. Demand is supported by the area's coastal appeal and proximity to regional employment hubs, though high property taxes and insurance costs remain significant factors for buyers.
This ZIP is well-suited for commuters seeking coastal living, investors targeting the seasonal rental market, and families looking for proximity to shore amenities.
Median prices moved up 4.1% year over year.
Homes spend a median of 25 days on market with 3.2 months of supply — a fast-moving market.
35% of listings have cut prices · homes sell at 98.8% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 13.1% — a stable, low-distress profile.
Built from 24 recorded sales in the last 24 months against HUD 3-bedroom fair market rents. The location premium is the part of the price that rent, income, education, employment, vacancy, price trend, hazard, lending and flood risk don't explain. It usually reflects amenities, schools and scarcity. It's area context and does not change this ZIP's home value estimates.
versus the prior ACS vintage
ZCTA 07712, Monmouth County NJ
The area is served by a mix of public school districts including Asbury Park and Ocean Township, with performance ratings varying significantly by specific school and district.
The area is subject to coastal storm and flood risks typical of the New Jersey shore region, impacting insurance premiums and coverage availability.
Economic momentum is driven by proximity to the Jersey Shore tourism industry and regional healthcare and retail sectors, with ongoing redevelopment in urban centers like Asbury Park.
Property taxes are assessed at the municipal and county levels in New Jersey, which maintains some of the highest effective property tax rates in the United States.
Residents have access to NJ Transit rail and bus services for commuting to New York City, with major highway access via the Garden State Parkway.
The area features extensive access to Atlantic Ocean beaches, boardwalks, local parks, and a vibrant dining and entertainment scene in Asbury Park.
The rental market is characterized by high demand driven by seasonal tourism and proximity to the coast, with significant investor interest in short-term rentals.
The local economy is anchored by tourism, hospitality, and retail, supported by regional healthcare facilities and professional services in Monmouth County.
The area is served by the NJ Transit North Jersey Coast Line and major arterial roads including the Garden State Parkway and Route 35.
Ongoing urban renewal projects in Asbury Park continue to drive mixed-use development and residential density increases.
Monmouth County utilizes a county-wide assessment system to determine property values for tax purposes.
Parcels are subject to municipal, county, and school district taxes, with potential additional assessments for local improvement districts.
Property insurance costs are elevated due to coastal hazard exposure, requiring specialized coverage for flood and wind damage.
Data retrieved from Census Reporter and ACS 2024 tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jenkinson's Boardwalk4.510.5 mi
- iPlay America4.511.7 mi
- Keansburg Amusement Park4.115.1 mi
- Runaway Rapids Waterpark4.315.1 mi
- Urban Air Trampoline and Adventure Park4.613.5 mi
- Bell Works4.710.1 mi
- PNC Bank Arts Center4.312 mi
- iPlay America4.511.7 mi
- Monmouth Park4.54.8 mi
- Stone Pony Summer Stage4.63.5 mi
- Jenkinson's Boardwalk4.510.5 mi
- iPlay America4.511.7 mi
- Monmouth Park4.54.8 mi
- Count Basie Center for the Arts4.67.2 mi
- Jenkinson's Aquarium4.610.4 mi
- Asbury Park Boardwalk4.63.5 mi
- Shadowbrook at Shrewsbury4.95.9 mi
- Sandy Hook Lighthouse4.815.3 mi
- Monmouth Battlefield State Park4.713.8 mi
- Monmouth Museum4.46.9 mi
- Monmouth Park4.54.8 mi
- Holmdel Park4.810.8 mi
- Deep Cut Gardens4.810.7 mi
- Seven Presidents Oceanfront Park4.66.5 mi
- Allaire State Park4.77 mi
- Bahrs Landing Famous Seafood Restaurant & Marina4.411.3 mi
- Bay Head Yacht Club4.812.3 mi
- Belmar Manutti Marina4.54.7 mi
- Red Bank Marina4.57.4 mi
- Atlantic Highlands Municipal Harbor Offices4.711.9 mi
- Hominy Hill Golf Course4.47.7 mi
- Jumping Brook Country Club4.62.2 mi
- Howell Park Golf Course4.47.7 mi
- Shark River Golf Course4.22.7 mi
- Pebble Creek Golf Club4.56.5 mi
- Jersey Shore Premium Outlets4.52.3 mi
- Freehold Raceway Mall4.512.7 mi
- Delicious Orchards4.76.6 mi
- Freehold Mall4.411.6 mi
- Monmouth Square4.13 mi
- Chico Express3.926.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic landmark featuring dining, music venues, and beach access.
Public green space serving the local community.
Deterministic aggregate of 2 researched properties in this ZIP (latest reading each) — each property weighs one; per point, properties lacking the value are excluded. Property-level records (taxes, scores, permits) never roll individually.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.