Real Estate Market Update for Belmar, NJ
Welcome to August's Market Update. Let’s take a look at residential real-estate activity in your area during the month of July. The number of active listings was down 23% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 600-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 57%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was 440-thousand dollars. The number of units sold increased 50% year-over-year, and decreased 14% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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.
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Map Information for Belmar, NJ
Area Information for Belmar, NJ
  • Population: 5,804
  • Median Age: 42.83 yr
  • Median Commute Time: 34 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 5,553/sq mi
  • Population Change Since 2000: -4.09%
  • Closest Airport: John F Kennedy International
  • Closest College: Monmouth University
  • Closest Jr. College: Brookdale Community College
  • Median Household Income: $59,279
  • Annual Residential Turnover: 23%
  • Median Home Sales Price: $456,500
  • Closest Major Sports Team: Lakewood Blueclaws (a)
  • Change Avg. Household Income Since 2000: 34.15%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Belmar, NJ
Median Age: 42.83 Married: 33% Number of Households: 2,701 Households with Children: 493
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 Belmar, NJ

      School Name Distance Type Grades School Rating Parent Rating
      Communications High School 0.8 mi Public 9-12 5 4
      Wall High School 0.9 mi Public 9-12 2 4
      Wall Primary School 0.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Central Elementary School 1.0 mi Public K-5 4 0
      Wall Intermediate School 1.1 mi Public 6-8 3 0
      Monmouth Montessorie Academy 1.1 mi Private PRESCHOOL-4 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 0
      West Belmar Elementary School 2.4 mi Public K-5 4 0
      Academy Charter High School 2.6 mi Public 9-12 0 2
      Belmar Elementary School 2.8 mi Public PRESCHOOL-8 2 0
      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 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Belmar, NJ
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.