NJShore Guide

07711 Real Estate

Allenhurst Housing Market

$3.0MMedian Price
7Listings
48Days on Market

Allenhurst Housing Market (07711)

Monmouth County presents opportunities for patient buyers. Prices are down 9.1% from last year, with a median of $3.00 million. Homes are staying on market longer at 48 days average, giving buyers leverage in negotiations.

This is one of the most expensive shore markets, with prices running about 264% above the shore-wide median. Expect luxury properties and premium beach access.

Winter is typically the slowest season for shore real estate. Serious sellers may be more flexible on price during these months.

Price Trends (24 Months)

$1.3M$1.8M$2.4M$3.0M$3.6MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $3.0M

Current Market Snapshot

Median Price
$3.00M
-9.1%YoY
Active Listings
7
Days on Market
48
Monthly Change
+2.5%

Compared to Monmouth County

ZIP Median Price
$3.0M
County Median
$825K
Difference
+263.5%above county avg

Market Health Indicators

Price Trend
-9.1%
Days on Market
48 days
Inventory
7

About Allenhurst

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

Allenhurst

Try Before You Buy in Allenhurst

Considering a move to 07711? Rent a vacation home first to experience the neighborhood and lifestyle before committing.

Browse Vacation Rentals

Investment Potential

Investment Calculator

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

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Peak summer week rate

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Annual Summary

Gross Rental Income$108,000
Est. Expenses (30%)-$32,400
Net Rental Income$75,600
Annual Mortgage-$191,543
Property Tax (est.)-$53,982
Annual Cash Flow$-169,925
Cap Rate
0.7%
Cash-on-Cash
-28.3%

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 Highlands07732Highlands07760Sea Bright07750Monmouth Beach07740Long Branch07723Deal

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07711 Real Estate FAQs

What is the median home price in Allenhurst (07711)?
The current median list price in Allenhurst (ZIP 07711) is approximately $2999K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Allenhurst a good place to buy a shore home?
Allenhurst 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 07711?
Days on market in Allenhurst 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 Allenhurst?
Rental regulations in Allenhurst 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 07711?
Flood insurance costs in Allenhurst 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.
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