Market Overview
Home Prices in Monmouth Beach, NJ
The median home value in Monmouth Beach, NJ is $1,151,938 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.1% compared to a year ago and up 2.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Monmouth Beach are priced181% above average. Monmouth Beach is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Monmouth Beach home values have risen by approximately45.0%, reflecting strong long-term appreciation in this market.
Price History
Monmouth Beach Home Price Trend
City Comparison
Monmouth Beach vs. National Median
At $1,151,938, homes in Monmouth Beach cost 181% above the national median of $410,000. Buyers in Monmouth Beach should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Monmouth Beach?
20% Down Payment
$230,388
on $1,151,938
Monthly P&I
$6,008/mo
30-yr @ 6.8%
Total Monthly Est.
~$7,630/mo
incl. taxes & insurance
Income Needed
$305,200
gross annual (30% rule)
10% Down Option
$115,194
+ PMI applies
Loan Amount (20% dn)
$921,550
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Monmouth Beach, NJ?
The median home value in Monmouth Beach is $1,151,938 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.1% year-over-year.
How much have home prices changed in Monmouth Beach?
Over the past year, home values in Monmouth Beach have increased by 7.1%. Over five years, prices have risen approximately 45.0%.
How much do I need to earn to buy a home in Monmouth Beach?
To comfortably afford the median home price of $1,151,938 with a 20% down payment ($230,388) at today's rates (6.8%), you'd need a gross annual income of approximately $305,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Monmouth Beach compare to the national average home price?
The national median home value is approximately $410,000. At $1,151,938, homes in Monmouth Beach are 181% above the national average.
What metro area is Monmouth Beach part of?
Monmouth Beach is part of the New York-Newark-Jersey City, NY-NJ-PA metropolitan area. Home prices and market conditions can vary across the broader metro region.