Ocean Gate, NJ Real Estate

According to census data in the year 2000 there were 1,152 housing units in Ocean Gate. This represents a 9.5% growth from 1,052 in 1990.

Of those housing units, 1,152 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ocean Gate is about 69.5%. Ocean Gate's vacancy rate, including seasonal lodging, is about 27.8%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Ocean Gate were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom7.30%
Two Bedrooms36.90%
Three Bedrooms40.20%
Four Bedrooms10.20%
Five Bedrooms or more4.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.58
Median year structure was built1955
Median Value of occupied units$101,500
Median Price asked for vacant units$100,000

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1961
Median Monthly Rent asked for vacant units$817

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan10.50%
Simple Mortgage49.40%
Debt Free34.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs24.3%