NJShore Guide

07753 Real Estate

Neptune City Housing Market

$585KMedian Price
39Listings
53Days on Market

Neptune City Housing Market (07753)

The Monmouth County real estate market is gaining momentum. With a median asking price of $585,000 and homes averaging 53 days on market, competition is building. Well-priced properties in prime locations are drawing multiple offers.

Prices are about 29% below the shore-wide median, offering relative value for buyers.

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)

$469K$513K$557K$601K$646KFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $585K

Current Market Snapshot

Median Price
$585K
+5.4%YoY
Active Listings
39
Days on Market
53
Monthly Change
-1.7%

Compared to Monmouth County

ZIP Median Price
$585K
County Median
$825K
Difference
-29.1%below county avg

Market Health Indicators

Price Trend
+5.4%
Days on Market
53 days
Inventory
39

About Neptune City

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

neptune-city

Try Before You Buy in Neptune City

Considering a move to 07753? 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 Neptune City property during summer months.

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10%$117K50%
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Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$21,600
Est. Expenses (30%)-$6,480
Net Rental Income$15,120
Annual Mortgage-$37,363
Property Tax (est.)-$10,530
Annual Cash Flow$-32,773
Cap Rate
0.8%
Cash-on-Cash
-28.0%

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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07753 Real Estate FAQs

What is the median home price in Neptune City (07753)?
The current median list price in Neptune City (ZIP 07753) is approximately $585K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Neptune City a good place to buy a shore home?
Neptune City 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 07753?
Days on market in Neptune City 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 Neptune City?
Rental regulations in Neptune City 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 07753?
Flood insurance costs in Neptune City 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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