What is the median home price in Long Branch (07740)?

The current median list price in Long Branch (ZIP 07740) is approximately $1588K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.

Is Long Branch a good place to buy a shore home?

Long Branch offers its own unique character within Monmouth County. Consider factors like beach access, local amenities, commute times, and rental potential. Many buyers rent in the area first to experience the community before purchasing.

How long do homes stay on the market in 07740?

Days on market in Long Branch varies seasonally. Summer listings often move faster due to higher buyer activity. Check the current market metrics above to see how quickly homes are selling in this area right now.

Can I rent out my property in Long Branch?

Rental regulations in Long Branch depend on local ordinances. Some shore towns welcome short-term vacation rentals while others restrict them. Contact the local municipality for current rental permit requirements and restrictions.

What are the flood insurance costs in 07740?

Flood insurance costs in Long Branch depend on the property's elevation, flood zone designation, and whether the structure has been elevated. Properties in high-risk zones (A or V zones) require flood insurance for federally-backed mortgages.

Long Branch Real Estate

Monmouth County Housing Market Is Heating Up

$1.6MMedian Price

155Listings

61Days on Market

Long Branch Housing Market

Long Branch is the most affordable direct ocean access in Monmouth County, and the development story still has room. Pier Village added condos, restaurants, and a retail corridor over the past two decades that did not exist before, and prices in that corridor have moved accordingly. Three blocks back, the market has not fully re-rated. The town has real history -- seven U.S. presidents vacationed here, and James Garfield's assassination recovery played out in Long Branch. That history matters less to current buyers than the price gap between Long Branch and Monmouth Beach to the north or Deal to the south. Young professionals from NYC are a growing portion of the buyer pool, drawn by NJ Transit rail access at Monmouth Park station and prices well below Spring Lake. Redevelopment continues. How long the price gap holds is an open question.

Summer is peak season for shore real estate activity. Expect competition for beachfront and ocean-view properties as seasonal buyers are most active.

Price Trends (24 Months)

Median List Price

Latest: $1.6M

Current Market Snapshot

Median Price

$1.59M

+13.8%YoY

Active Listings

155

Days on Market

Monthly Change

-3.9%

Compared to Monmouth County

ZIP Median Price

$1.6M

County Median

$814K

Difference

+95.1%above county avg

Market Health Indicators

Price Trend

+13.8%

Days on Market

61 days

Inventory

155

About Long Branch

Long Branch is a shore community in Monmouth County. Learn more about beaches, attractions, dining, and events.

Long Branch

Try Long Branch Before You Buy

Rent a vacation home to experience the neighborhood before committing — or book a hotel for a scouting trip.

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Investment Potential

Investment Calculator

Estimate your potential returns if you rent out your Long Branch property during summer months.

Purchase Price

Down Payment: 20%

10%$318K50%

Interest Rate: 7%

Weekly Rental Rate

Peak summer week rate

Weeks Rented/Year: 12

4 wks20 wks

Annual Summary

Gross Rental Income$57,600

Est. Expenses (30%)-$17,280

Net Rental Income$40,320

Annual Mortgage-$101,392

Property Tax (est.)-$28,575

Annual Cash Flow$-89,647

Cap Rate

0.7%

Cash-on-Cash

-28.2%

Investment Outlook

Challenging as pure investment. Negative cash flow means you would need other income or appreciation to justify. Better suited as a vacation home with some rental offset.

* Estimates only. Consult a financial advisor and research local rental regulations. Expenses estimate includes insurance, maintenance, management, and vacancy.

Nearby ZIP Codes

07716Atlantic Highlands 07732Highlands 07760Sea Bright 07750Monmouth Beach 07723Deal 07711Allenhurst

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Long Branch Real Estate FAQs

Is Long Branch a good place to invest in real estate?

Long Branch has been the most affordable oceanfront market in Monmouth County for years, and redevelopment is still active. Pier Village brought significant investment and values have responded. Buyers willing to look a few blocks from that corridor can still find properties that have not fully re-priced. It is a legitimate value play in an otherwise expensive county.

How far is Long Branch from New York City?

About 60 miles from Manhattan. NJ Transit North Jersey Coast Line runs direct service from Long Branch station to Penn Station. Off-peak, the ride is roughly 75-90 minutes. This is one of the better NJ Transit connections among shore towns, which drives NYC buyer interest.

What is Pier Village in Long Branch?

Pier Village is a mixed-use development on Long Branch's oceanfront that opened in phases from the mid-2000s. It includes restaurants, retail, condos, and a hotel. It transformed Long Branch's waterfront from underutilized to active. Property values in the surrounding blocks have followed.

What is Long Branch real estate like compared to Asbury Park?

Both towns have undergone significant redevelopment and attract NYC-proximate buyers, but they have different characters. Asbury Park has a stronger arts and nightlife scene and is about 10 miles south. Long Branch is more residential outside the Pier Village area. Price points are similar, and both represent value relative to Monmouth County medians.

Which neighborhoods in Long Branch should I consider?

The Pier Village area is the most active and commands premium prices. Elberon (the southern neighborhood) is quieter and more residential, with historic significance from the presidential era. North Long Branch near Monmouth Beach is also worth looking at. Prices vary considerably by location within the city.

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