Market Overview
Home Prices in Ship Bottom, NJ
The median home value in Ship Bottom, NJ is $1,549,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 12.5% compared to a year ago and up 2.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in Ship Bottom are priced278% above average. Ship Bottom is part of the New York-Newark-Jersey City, NY-NJ-PA metro area.
Over the past five years, Ship Bottom home values have risen by approximately53.4%, reflecting strong long-term appreciation in this market.
Price History
Ship Bottom Home Price Trend
City Comparison
Ship Bottom vs. National Median
At $1,549,540, homes in Ship Bottom cost 278% above the national median of $410,000. Buyers in Ship Bottom should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Ship Bottom?
20% Down Payment
$309,908
on $1,549,540
Monthly P&I
$8,081/mo
30-yr @ 6.8%
Total Monthly Est.
~$10,263/mo
incl. taxes & insurance
Income Needed
$410,520
gross annual (30% rule)
10% Down Option
$154,954
+ PMI applies
Loan Amount (20% dn)
$1,239,632
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 Ship Bottom, NJ?
The median home value in Ship Bottom is $1,549,540 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 12.5% year-over-year.
How much have home prices changed in Ship Bottom?
Over the past year, home values in Ship Bottom have increased by 12.5%. Over five years, prices have risen approximately 53.4%.
How much do I need to earn to buy a home in Ship Bottom?
To comfortably afford the median home price of $1,549,540 with a 20% down payment ($309,908) at today's rates (6.8%), you'd need a gross annual income of approximately $410,520. This assumes keeping total housing costs at or below 30% of gross income.
How does Ship Bottom compare to the national average home price?
The national median home value is approximately $410,000. At $1,549,540, homes in Ship Bottom are 278% above the national average.
What metro area is Ship Bottom part of?
Ship Bottom 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.