NJShore Guide

08738 Real Estate

Mantoloking Housing Market

$7.3MMedian Price
15Listings
25Days on Market

Mantoloking Housing Market (08738)

Homes in Ocean County are selling fast, with a median list price of $7.30 million. Prices are up 210.9% compared to last year, and properties typically go under contract in just 25 days. Buyers should be prepared to move quickly on desirable listings.

This is one of the most expensive shore markets, with prices running about 1310% 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)

$2.1M$3.5M$4.8M$6.2M$7.5MFeb '24Jun '24Oct '24Feb '25Jun '25Oct '25Jan '26
Median List Price
Latest: $7.3M

Current Market Snapshot

Median Price
$7.30M
+210.9%YoY
Active Listings
15
Days on Market
25
Monthly Change
+37.7%

Compared to Ocean County

ZIP Median Price
$7.3M
County Median
$518K
Difference
+1309.8%above county avg

Market Health Indicators

Price Trend
+210.9%
Days on Market
25 days
Inventory
15

About Mantoloking

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

Mantoloking

Try Before You Buy in Mantoloking

Considering a move to 08738? 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 Mantoloking property during summer months.

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Peak summer week rate

4 wks20 wks

Annual Summary

Gross Rental Income$262,800
Est. Expenses (30%)-$78,840
Net Rental Income$183,960
Annual Mortgage-$466,180
Property Tax (est.)-$131,382
Annual Cash Flow$-413,602
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

08742Point Pleasant Beach08735Lavallette08751Seaside Heights08752Seaside Park08006Barnegat Light08008Beach Haven

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08738 Real Estate FAQs

What is the median home price in Mantoloking (08738)?
The current median list price in Mantoloking (ZIP 08738) is approximately $7299K. Prices vary based on proximity to the beach, property size, and condition. Check the market snapshot above for the latest data.
Is Mantoloking a good place to buy a shore home?
Mantoloking offers its own unique character within Ocean 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 08738?
Days on market in Mantoloking 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 Mantoloking?
Rental regulations in Mantoloking 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 08738?
Flood insurance costs in Mantoloking 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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