HousingHandbookReference data

U.S. ZIP Code · NJ08757

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

Typical home value

$345,524[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.3%
5-year / yr
+7.1%
10-year / yr
+7.3%

Relative price

vs U.S.
+21.6%
vs metro
-52.6%
vs state
-39.3%
ZIP 08757 location in NJ
Location of ZIP 08757 in NJ

Price history

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

The typical home in 08757 is worth $345,524 — 52.6% below the New York-Newark-Jersey City, NY-NJ median. Over the past year, values have risen 2.3%. Homes here rent for a typical $2,650 a month — a 9.2% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

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

Monthly rent
$2,650[2]
Gross yield
9.2%[2]
Cap rate
5.5%[2]

#Property tax

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

Effective tax rate
1.4%[3]
Typical annual tax
$4,739[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
36,087[3]
Median household income
$58,319[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
1
Elementary
1
Middle
0
High
0
  • South Toms River Elementary School

    Elementary · Grades K–5 · Toms River Regional School District

    310 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 yield9.2%
Net yield (after ~40% expenses)5.5%
Annual rent$31,800

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$1,747
Loan principal$276,419
Down payment$69,105
Total interest paid$352,557

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 ratio0.92
Monthly cost to own$2,430
Monthly rent$2,650

Owning is meaningfully cheaper month-to-month.

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
74th percentile[1]
Rental yield
99th percentile[2]
Property tax
31st percentile[3]

Frequently asked

How much is a home worth in ZIP code 08757?
The typical home in 08757 is worth $345,524, based on the Zillow Home Value Index.
Are home values rising in 08757?
Home values in 08757 are up 2.3% over the past year, and up 7.1% a year over five years.
What is the typical rent in 08757?
A typical home in 08757 rents for about $2,650 a month, a gross rental yield of 9.2%.
What is the property tax rate in 08757?
The effective property tax rate in 08757 is 1.4% — roughly $4,739 a year on a typical home.
Who lives in 08757?
ZIP code 08757 has a population of 36,087 and a median household income of $58,319.

#Comparable ZIPs

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

  • Three Bridges CDP, NJ

    Typical home
    $348,394
    Gross yield
  • New York, NY

    Typical home
    $337,271
    Gross yield
    10.7%
  • New York, NY

    Typical home
    $364,231
    Gross yield
    9.0%
  • Layton CDP, NJ

    Typical home
    $323,305
    Gross yield
  • Lakehurst, NJ

    Typical home
    $368,693
    Gross yield
  • Franklin, NJ

    Typical home
    $374,624
    Gross yield

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