Home prices
Ocean Grove's median home price is $498,700. Compared to its nearby areas it is approximately $128,560 (20%) lower.It is about $281,200 (129%) higher in comparison to the entire country, and it is roughly $107,300 (17%) lower in comparison to the city of New York.
Rents
Ocean Grove's median rent is $1,281 per month. It is roughly $58 (4%) lower compared to the surrounding areas.It is approximately $219 (20%) higher compared to the US as a whole, and is approximately $162 (11%) lower in comparison to the city of New York.
Nearby places
Bradley Beach
Bradley Beach is Ocean Grove's neighbor to the south. Its real estate prices are a little more expensive. The value of the median home in Bradley Beach is $567,400, which works out to $68,700 (12%) higher than Ocean Grove. The rent there is similar. Bradley Beach's median rent is $1,348 per month, which comes out to $67 (4%) higher than Ocean Grove.
Asbury Park
Asbury Park is Ocean Grove's neighbor to the north. The real estate prices there are significantly less expensive. The value of the median home in Asbury Park is $377,400, which is $121,300 (32%) lower than Ocean Grove. Its rents are similar. In Asbury Park the median rent is $1,229 a month, which comes out to $52 (4%) lower than Ocean Grove.
Neptune City
Neptune City is approximately 1 mile southwest of Ocean Grove. Its real estate prices are a lot less expensive. Neptune City's median home price is $289,300, which works out to $209,400 (72%) lower than Ocean Grove. The rent there is a little less expensive. Neptune City's median monthly rent is $1,198, which works out to $83 (6%) lower than Ocean Grove.
Loch Arbour
Loch Arbour is roughly 1 mile north of Ocean Grove. Its real estate prices are significantly more expensive. The median home cost in Loch Arbour is $1,017,900, which comes out to $519,200 (51%) higher than Ocean Grove. Rents there are a little more expensive. In Loch Arbour the median monthly rent is $1,438, which is $157 (10%) higher than Ocean Grove.
Avon-by-the-Sea
Avon-by-the-Sea is about 1 mile south of Ocean Grove. Real estate prices there are substantially more expensive. The median home price in Avon-by-the-Sea is $884,300, which is $385,600 (43%) higher than Ocean Grove. Its rents are somewhat more expensive. In Avon-by-the-Sea the median monthly rent is $1,484, which is $203 (13%) higher than Ocean Grove.
