NJShore Guide

07740 Real Estate

Long Branch Housing Market

$1.5MMedian Price
111Listings
74Days on Market

Long Branch Housing Market (07740)

The Monmouth County real estate market is gaining momentum. With a median asking price of $1.55 million and homes averaging 74 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

This is one of the most expensive shore markets, with prices running about 88% above the shore-wide median. Expect luxury properties and premium beach access.

Spring marks the beginning of shore house hunting season. Inventory typically increases as sellers prepare for the summer market.

Price Trends (24 Months)

$1.2M$1.3M$1.4M$1.5M$1.6MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $1.5M

Current Market Snapshot

Median Price
$1.55M
+15.9%YoY
Active Listings
111
Days on Market
74
Monthly Change
+3.3%

Compared to Monmouth County

ZIP Median Price
$1.5M
County Median
$825K
Difference
+87.9%above county avg

Market Health Indicators

Price Trend
+15.9%
Days on Market
74 days
Inventory
111

About Long Branch

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

Long Branch

Try Before You Buy in Long Branch

Considering a move to 07740? 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 Long Branch property during summer months.

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Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$55,200
Est. Expenses (30%)-$16,560
Net Rental Income$38,640
Annual Mortgage-$98,991
Property Tax (est.)-$27,898
Annual Cash Flow$-88,249
Cap Rate
0.7%
Cash-on-Cash
-28.5%

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 Beach07723Deal07711Allenhurst

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07740 Real Estate FAQs

What is the median home price in Long Branch (07740)?
The current median list price in Long Branch (ZIP 07740) is approximately $1550K. 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.
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