Land and home values in Ocean City, NJ
Ocean City is a city in Cape May County, New Jersey, home to about 11,261 people. Residential land runs about $115 per sq ft, the typical home is worth about $1.02M, and a 2-bedroom rents for about $1,800 a month, as of October 12, 2026.
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| Land: residential | $115 | per sq ft |
| Land: residential | $4.99M | per acre |
| Land: quarter-acre lot | $1.25M | 10,890 sq ft |
| Home: typical (median) | $1.02M | value |
| Home: entry-level | $750,000 | lower quartile |
| Home: upper-end | $1.61M | upper quartile |
| Build new | $179 | per sq ft, no land |
| Rent: 1-bedroom | $1,380 | per month |
| Rent: 2-bedroom | $1,800 | per month |
| Rent: 3-bedroom | $2,430 | per month |
| Rent: 4-bedroom | $2,440 | per month |
| Gross yield, 2-bed | 2.1% | a year |
ZIP codes
Questions people ask
How much is land worth in Ocean City, NJ?
Residential land in Ocean City, NJ is about $115 per square foot, or $4.99M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $1.25M. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Ocean City, NJ?
The typical (median) home in Ocean City, NJ is worth about $1.02M, with entry-level homes around $750,000 and upper-end homes around $1.61M, as of October 2026.
How much is rent in Ocean City, NJ?
A 2-bedroom rents for about $1,800 a month in Ocean City, NJ, a 1-bedroom about $1,380 and a 3-bedroom about $2,430 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.