NJShore Guide

07712 Real Estate

Asbury Park Housing Market

$835KMedian Price
75Listings
69Days on Market

Asbury Park Housing Market (07712)

The Monmouth County real estate market is gaining momentum. With a median asking price of $835,000 and homes averaging 69 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

Prices are in line with the broader shore market median.

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)

$665K$749K$832K$916K$1000KFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $835K

Current Market Snapshot

Median Price
$835K
+6.0%YoY
Active Listings
75
Days on Market
69
Monthly Change
-15.2%

Compared to Monmouth County

ZIP Median Price
$835K
County Median
$825K
Difference
+1.2%above county avg

Market Health Indicators

Price Trend
+6.0%
Days on Market
69 days
Inventory
75

About Asbury Park

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

Asbury Park

Try Before You Buy in Asbury Park

Considering a move to 07712? 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 Asbury Park property during summer months.

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10%$167K50%
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Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$30,000
Est. Expenses (30%)-$9,000
Net Rental Income$21,000
Annual Mortgage-$53,299
Property Tax (est.)-$15,021
Annual Cash Flow$-47,320
Cap Rate
0.7%
Cash-on-Cash
-28.4%

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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07712 Real Estate FAQs

What is the median home price in Asbury Park (07712)?
The current median list price in Asbury Park (ZIP 07712) is approximately $835K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Asbury Park a good place to buy a shore home?
Asbury Park 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 07712?
Days on market in Asbury Park 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 Asbury Park?
Rental regulations in Asbury Park 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 07712?
Flood insurance costs in Asbury Park 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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