The typical owner-occupied home in Point Pleasant Beach is worth about $850,300, 87% above the New Jersey median of $454,400 and 2.6 times the national median of $332,700. Owners pay a median $9,220 a year in property taxes, about 1.08% of their home's value, lower than the New Jersey rate of 2.11%. The median household earns $141,716 a year, so the median home costs 6.0 times the median income (4.4 times for New Jersey). 76% of occupied homes here are lived in by their owners, and 49% of those owners still have a mortgage.
Point Pleasant Beach at a glance
| Point Pleasant Beach | New Jersey | U.S. | |
|---|---|---|---|
| Median home value | $850,300 | $454,400 | $332,700 |
| Median property tax paid per year | $9,220 | $9,590 | $3,119 |
| Property tax as a share of value | 1.08% | 2.11% | 0.94% |
| Median household income | $141,716 | $103,556 | $80,734 |
| Homes lived in by their owners | 76% | 64% | 65% |
| Owner homes with a mortgage | 49% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,829 | $1,963 |
| Those costs as a share of the owners' income | 22.6% | 22.9% | 21.0% |
| Median rent | $1,820 | $1,720 | $1,413 |
| Rent as a share of renters' income | 33.9% | 30.9% | 30.6% |
| Median year homes were built | 1963 | 1970 | 1980 |
| Vacant homes | 30.5% | 7.5% | 10.1% |
| Population | 4,855 | 9,343,809 | 334,922,499 |
What a typical home costs per month in Point Pleasant Beach
At this week's average 30-year rate of 7.11%, buying the median Point Pleasant Beach home of $850,300 with 20% down costs about $5,696 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $7,249, 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 $244,096 for the 20%-down payment. That payment is 48% of the median Point Pleasant Beach household income of $141,716; at that income and 20% down, the 28% guideline points to a home of about $494,000.
The median rent here is $1,820 a month, so owning the median home costs about $3,876 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $170,060 |
|---|---|
| Loan amount | $680,240 |
| Principal and interest | $4,576 |
| Property taxes (1.08% a year) | $765 |
| Homeowners insurance (our estimate, 0.5% a year) | $354 |
| PMI | $0 |
| Total per month | $5,696 |
Change the numbers in the calculator
| Down payment | $29,760 |
|---|---|
| Loan amount | $834,899 |
| Principal and interest | $5,616 |
| Property taxes (1.08% a year) | $765 |
| Homeowners insurance (our estimate, 0.5% a year) | $354 |
| FHA mortgage insurance | $513 |
| Total per month | $7,249 |
Change the numbers in the calculator
Questions about home buying in Point Pleasant Beach
What is the median home value in Point Pleasant Beach?
About $850,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Point Pleasant Beach?
Homeowners pay a median $9,220 a year, which is about 1.08% 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 Point Pleasant Beach?
For the median home with 20% down at 7.11%, the payment is about $5,696 a month. Keeping that under 28% of gross income takes about $244,096 a year.
More about Point Pleasant Beach
- Mortgage Refinance in Point Pleasant Beach
- Debt Relief in Point Pleasant Beach
- Home Equity Loans in Point Pleasant Beach
- 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