Cost of Living in Asbury Park
Asbury Park's cost of living runs genuinely mixed: sharply appreciating housing costs set against an effective property-tax rate that runs below New Jersey's own statewide average.
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Learn moreSharply appreciating housing costs
Zillow's typical home value ran approximately $491,957, up a real, sharp 18.0% year-over-year -- among the faster appreciation rates in this state's Tier A markets.
A real, below-average property-tax rate
Asbury Park's own effective property tax rate (1.41%-1.76% depending on source) runs below New Jersey's already nation-leading statewide average -- a genuine, disclosed relative advantage.
A real, wide price spread by property type
Median and list-price figures range from roughly $730,000 to $974,000 depending on source, reflecting the city's real mix of smaller units and higher-end oceanfront properties -- confirm current, specific comparables for your target property type.
Key takeaways
- Asbury Park's typical home value ($491,957) rose a sharp 18.0% year-over-year.
- Asbury Park's effective property-tax rate runs below New Jersey's own statewide average.
- Confirm current, specific price comparables directly given a real, wide cross-source spread by property type.
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