Property prices for rent in Ocean View (New Jersey)

The rent prices in real estate in Ocean View, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ocean View has risen strongly during the last 6 months. In March, the average price per sq.feet was $1.36. In the following month the price per sq.feet rose considerably to $3.82. In the following two months the price per sq.feet has practically remained the same, going from $2.59 to $2.67 per sq.feet. The price per sq.feet has had a considerable fall of 39 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.63 to $1.02 during July, and August.

Average price

When referring to the price in Ocean View (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during March, is $2,203. During April the price went through a considerable rise reaching $3,063. During the following two months (May, June) the average price fell 86 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $2,446.5 to $1,786, which means a 73 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,372 they are 19 % more affordable than the average price for Ocean View . The properties with the highest average price have 4 bedrooms, Their price is 47 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,258.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.85 / sq.feet, with an average $1.05 / sq.feet price in Ocean View. The properties with the most expensive average prices have 1 bedroom. They are 195 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.08 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,372 it is 11 % more expensive than the average price in Ocean View. "Condo" is seen as the second most expensive property type. The most expensive property type is "Condo" followed by "House". At a price of $1,524 it is 40 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.02 / sq.feet followed by "Condo" priced at $5.68 / sq.feet. "Condo" is the most expensive type of property with a $5.68 / sq.feet value followed by "House" with an average price of $1.02 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Ocean View
Number of properties used in region New Jersey
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value