HousingHandbookReference data

U.S. ZIP Code · NJ08734

Ocean County · New York-Newark-Jersey City, NY-NJ

Typical home value

$565,333[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+8.9%
10-year / yr
+7.4%

Relative price

vs U.S.
+99.0%
vs metro
-22.5%
vs state
≈ state median
ZIP 08734 location in NJ
Location of ZIP 08734 in NJ

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08734 is worth $565,333 — 22.5% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 4.3%. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$8,798[3]

#Climate risk

FEMA National Risk Index ratings for Ocean County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Very High
Wildfire
Relatively Moderate
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Low
Earthquake
Relatively Moderate
Winter weather
Very High

#Who lives here

Population
7,879[3]
Median household income
$116,000[3]

#Migration

Household moves in and out of Ocean County over a year, from IRS tax-return data.

Net migration
+263[5]
Moved in
12,755
Moved out
12,492

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
4
Elementary
3
Middle
0
High
1
  • Lacey Township High School

    High · Grades 9–12 · Lacey Township School District

    1,186 students

  • Lanoka Harbor Elementary School

    Elementary · Grades 1–5 · Lacey Township School District

    464 students

  • Cedar Creek Elementary School

    Elementary · Grades 1–5 · Lacey Township School District

    440 students

  • Mill Pond Elementary School

    Elementary · Grades PK–K · Lacey Township School District

    371 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,859
Loan principal$452,266
Down payment$113,067
Total interest paid$576,840

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,065
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
95th percentile[1]
Rental yield
[2]
Property tax
38th percentile[3]

Frequently asked

How much is a home worth in ZIP code 08734?
The typical home in 08734 is worth $565,333, based on the Zillow Home Value Index.
Are home values rising in 08734?
Home values in 08734 are up 4.3% over the past year, and up 8.9% a year over five years.
What is the property tax rate in 08734?
The effective property tax rate in 08734 is 1.6% — roughly $8,798 a year on a typical home.
Who lives in 08734?
ZIP code 08734 has a population of 7,879 and a median household income of $116,000.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Pine Beach, NJ

    Typical home
    $567,467
    Gross yield
  • Newark, NJ

    Typical home
    $567,741
    Gross yield
    4.7%
  • White Meadow Lake CDP, NJ

    Typical home
    $567,879
    Gross yield
  • Mount Vernon, NY

    Typical home
    $562,553
    Gross yield
    5.3%
  • Wyandanch CDP, NY

    Typical home
    $562,494
    Gross yield
  • Spotswood, NJ

    Typical home
    $561,901
    Gross yield

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