Total monthly cost of ownership
Cost to Own a Home in Pine Beach, New Jersey
A $438,000 home here costs
$3,705per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $159,000 a year.
A standard mortgage calculator would have told you $2,388. The real number is $1,318 higher every month, 55% more than the payment most buyers budget for.
Compare Ocean County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Pine Beach from a five-year rolling sample, and with about 2,378 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Ocean County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Pine Beach against Ocean County and New Jersey
| Measure | Pine Beach | Ocean County |
|---|---|---|
| Median home value | $438,300 | $366,600 |
| Median property tax | $7,376 | $6,499 |
| Effective tax rate | 1.683% | 1.773% |
| Median gross rent | $1,219 | $1,702 |
| Population | 2,378 | 646,434 |
The weather behind that power bill
Pine Beach sits in Ocean County, which averages a high of 85.5°F in its hottest month and a low of 21.7°F in its coldest, with 52.04" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 861 cooling and 5,328 heating degree days, which is what sets the $163 electricity line above.
See the full climate breakdown for Ocean County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Ocean County
Full Ocean County cost breakdown · Every county in New Jersey
Talk to someone who works this market
These are Pine Beach averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Pine Beach every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Pine Beach I already own here and may sell
Common questions
How much does it cost to own a home in Pine Beach?
A $438,000 home in Pine Beach, New Jersey costs approximately $3,705 per month with 20% down at 7.24%. That is $2,388 principal and interest, $614 property tax, $107 homeowners insurance, $231 utilities and $365 set aside for maintenance.
What is the property tax rate in Pine Beach?
Pine Beach has an effective property tax rate of 1.683%, based on a median home value of $438,300 and median real estate taxes of $7,376. That is lower than the Ocean County average of 1.773%.
What is the average home price in Pine Beach?
The median owner-occupied home value in Pine Beach, New Jersey is $438,300, against $366,600 across Ocean County.
Is it cheaper to rent or buy in Pine Beach?
Median gross rent in Pine Beach is $1,219 a month, against $3,705 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Pine Beach?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Pine Beach, New Jersey at today's rate takes a household income of roughly $159,000 a year. That covers the full $3,705 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Pine Beach, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New Jersey.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.