Ocean County, NJ Real Estate & Homes for Sale | realtor.com® (2024)

FAQs

Is this a good time to sell a house in NJ? ›

Considering the current market conditions, favorable interest rate environment, and outlook for the first half of 2024, now could indeed be a good time to sell your New Jersey house. With high demand, competitive pricing, and favorable financing options, sellers stand to benefit from entering the market at this time.

Working with a real estate agent is a common approach to selling a home, but it's not your only option. If you're selling a home in New Jersey, you could choose to do the work of marketing your property, hosting open houses and even negotiating a deal with a buyer, all on your own.

Focus on curb appeal.

It's incredible what a tidy lawn and freshly mulched flower beds can do for a house. Most buyers will drive by your property before deciding whether or not to take a closer look. A house that looks welcoming from the street stands a much better chance of selling quickly.

Here's how each month of the year ranked for the best time to sell a house. The highest-earning months are, in ranking order, May, June, April and March.

Thursday is generally thought to be the best day of the week to list a house for sale. Studies have shown that homes listed on Thursdays are more likely to sell faster, and for a higher price, but local markets can differ.

Sellers in the Garden State benefit from the high demand, which is reflected in the increasing median sale prices of homes. In terms of homeownership costs, New Jersey's median home price stands at a notable $494,900, having seen a significant year-over-year increase.

To qualify for a Real Estate Salespersons license you must be at least 18 years old, have a high school education or equivalency, complete a 75 hour pre-licensure course at a licensed school and pass the New Jersey examination.

FSBO sellers in Texas can use a service to have their home listed on their local MLS, often for a flat fee. Websites like Houzeo, FSBO and Texas MLS Broker offer MLS packages for owners selling without an agent. Some packages come with yard signs, and they can often be purchased at hardware stores too.

You will report any income earned on the sale of property as a capital gain. When filing your New Jersey Tax Return, a capital gain is calculated the same way as for federal purposes. Any amount that is taxable for federal purposes is taxable for New Jersey purposes.

Taxpayers who don't qualify to exclude all of the taxable gain from their income must report the gain from the sale of their home when they file their tax return. Anyone who chooses not to claim the exclusion must report the taxable gain on their tax return.

Do sellers pay closing costs in NJ? ›

In a nutshell, closing costs are fees associated with the sale and purchase of a home that are paid at the end of the transaction - the closing. Both buyers and sellers pay them, and they can cover various services, from legal and inspection fees to agents' commissions and mortgage closing costs.

1 fastest-selling housing market: Hartford, Connecticut. As of January 2024, the fastest-selling housing market in the U.S. is Hartford, Connecticut.

Lakewood in Ocean County was the fastest-growing municipality in New Jersey, according to the data. In 2012, the population was 91,423. In 2022, it ballooned to 133,875, a 46% increase for a location that has become attractive to Orthodox Jewish families.

Housing Markets on Florida's West Coast Are Cooling Faster Than Anywhere Else in the U.S., With Supply Rising and Demand Falling.