The typical owner-occupied home in Oceanville is worth about $253,100, 44% below the New Jersey median of $454,400 and 24% below the national median of $332,700. Owners pay a median $6,815 a year in property taxes, about 2.69% of their home's value, higher than the New Jersey rate of 2.11%. The median household earns $168,190 a year, so the median home costs 1.5 times the median income (4.4 times for New Jersey). 100% of occupied homes here are lived in by their owners, and 91% of those owners still have a mortgage.
Oceanville at a glance
| Oceanville | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $253,100 | $454,400 | $332,700 |
| Median property tax paid per year | $6,815 | $9,590 | $3,119 |
| Property tax as a share of value | 2.69% | 2.11% | 0.94% |
| Median household income | $168,190 | $103,556 | $80,734 |
| Homes lived in by their owners | 100% | 64% | 65% |
| Owner homes with a mortgage | 91% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,352 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 19.8% | 22.9% | 21.0% |
| Median rent | – | $1,720 | $1,413 |
| Median year homes were built | 1985 | 1970 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 631 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Oceanville
At this week's average 30-year rate of 7.11%, buying the median Oceanville home of $253,100 with 20% down costs about $2,035 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,457, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $87,211 for the 20%-down payment. That payment is 15% of the median Oceanville household income of $168,190; at that income and 20% down, the 28% guideline points to a home of about $488,000.
| Down payment | $50,620 |
|---|---|
| Loan amount | $202,480 |
| Principal and interest | $1,362 |
| Property taxes (2.69% a year) | $567 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| PMI | $0 |
| Total per month | $2,035 |
Change the numbers in the calculator
| Down payment | $8,858 |
|---|---|
| Loan amount | $248,516 |
| Principal and interest | $1,672 |
| Property taxes (2.69% a year) | $567 |
| Homeowners insurance (our estimate, 0.5% a year) | $105 |
| FHA mortgage insurance | $112 |
| Total per month | $2,457 |
Change the numbers in the calculator
Questions about home buying in Oceanville
What is the median home value in Oceanville?
About $253,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Oceanville?
Homeowners pay a median $6,815 a year, which is about 2.69% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Oceanville?
For the median home with 20% down at 7.11%, the payment is about $2,035 a month. Keeping that under 28% of gross income takes about $87,211 a year.
More about Oceanville
- Mortgage Refinance in Oceanville
- Debt Relief in Oceanville
- Home Equity Loans in Oceanville
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data