ZIP 08740 · Ocean Gate, New Jersey
2026 Edition · 8 cards · data as of Oct 30, 2026
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Population
1,599 people call ZIP 08740 home.
1,599
people.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Rent
Median rent is up 9% since the 2010–2014 survey, before inflation.
$1,604
a month. New Jersey's median is $1,720.
Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Room to build
The median rent is above what local wages can carry.
$750–$1,125
is the monthly rent range local workforce wages support.
- $1,604 median
Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year
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Building
Most of the housing here is older than 2000.
- 92% of all homes were built before 2000
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year
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Units needed
Closing the gap would add 0.1–0.3% to the 1,185 homes here.
1–3
is the estimated number of missing housing units, from the lowest to the highest of three estimates.
Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac
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Home value
A median home costs 21% less than New Jersey's.
$358,000
median home value in ZIP 08740.
- $358,000 ZIP 08740
- $454,400 New Jersey
- $332,700 U.S.
Census ACS 5-year, 2020-2024. Survey estimates for a place this size carry wide margins of error. Sources: Census ACS 5-year