Real Estate Market Update for 07719 (Belmar, NJ)
Welcome to March's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 1% from one year earlier, and up 11% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 500-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 200%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 360-thousand dollars. The number of units sold decreased 45% year-over-year, and decreased 52% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Show Transcript
Map Information for 07719 (Belmar, NJ)
Area Information for 07719 (Belmar, NJ)
  • Population: 21,614
  • Median Age: 42.78 yr
  • Median Commute Time: 21.53 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 1,658/sq mi
  • Population Change Since 2000: -1.3%
  • Closest Airport: John F Kennedy International
  • Closest College: Monmouth University
  • Closest Jr. College: Brookdale Community College
  • Median Household Income: $77,802
  • Annual Residential Turnover: 11.86%
  • Median Years in Residence: 3.82 yr
  • Median Home Sales Price: $332,500
  • Closest Major Sports Team: Trenton Thunder
  • Change Avg. Household Income Since 2000: 34%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07719 (Belmar, NJ)
Median Age: 42.78 Married: 34% Number of Households: 8,864 Households with Children: 2,515
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07719 (Belmar, NJ)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Communications High School 0.8 mi Public 9-12 5 4
      Wall High School 0.9 mi Public 9-12 3 4
      Wall Primary School 1.0 mi Public PRESCHOOL-PRESCHOOL 0 0
      Central Elementary School 1.0 mi Public K-5 4-5 3
      Intermediate School 1.1 mi Public 6-8 3-5 0
      Monmouth Montessorie Academy 1.3 mi Private PRESCHOOL-K 0 0
      Kiddie Academy Of Wall 1.4 mi Private PRESCHOOL-K 0 0
      The Goddard School Of Wall 1.5 mi Private PRESCHOOL-K 0 0
      Allenwood Elementary School 2.3 mi Public K-5 4 5
      West Belmar Elementary School 2.4 mi Public K-5 3-5 5
      Academy Charter High School 2.6 mi Public 9-12 1 0
      Belmar Elementary School 2.8 mi Public PRESCHOOL-8 2 4
      Mesivta Keser Torah 3.0 mi Private 9-12 0 0
      Mesivta Keser Torah Central Jersey 3.0 mi Private - 0 0
      St Rose High School 3.0 mi Catholic 9-12 0 4
      St Rose Grammar School 3.1 mi Catholic PRESCHOOL-8 0 5
      Chrismont Montessori Academy 3.1 mi Private PRESCHOOL-6 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 07719 (Belmar, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.