Interested in purchasing investment houses in the 08226 zip code in Ocean City, NJ?
The zip code 08226 is in Cape May county with a latitude of -74.601580000000 and longitude of 39.268590000000, is in the state of New Jersey. The average asking price of houses and condos is $821,304.00 and the average sale price was $600,676.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 39° 16' 6.924" N, 74° 36' 5.688" W. The county F.I.P.S. is 34009. The total land area is 6.3 square miles and the water area is 6.5 square miles. The elevation in this area is 0 - 3 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08226 is in county number 009 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 11,253 in 2019 and 11,701 in 2010. This further breaks down to 5,228 males (46.5%) and 6,025 females (53.5%). The median age of residents is 57.5 years. The population of the greater Ocean City, NJ area is 100,384. The population density (people per square mile) is 1,776. This zip code has a combined total of 20,450 houses and condos. There are 1,527 rented appartments. 29% of residents rent versus the 29% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $75,766 and the average salary is $54,043. The median household income of individuals is $56,488.00 and the average is $98,670.00. This zip code has a mean commute time to work of 27.9 minutes. The unemployment rate is 3.1%. Income earners by percent breakdown as 42.80% (Under $50,000), 29.60% ($50,000-$100,000), and 27.60% earn over $100,000. 5.8% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 105.3. The educational breakdown is 97.4% have a high school education or higher, 52.9% have a bachelor's degree or higher, and 20.6% have some kind of profesional degree.
This area has 5,890 households and the average size is 2.1 people. Individuals who are single and have never been married are 22.1%, 56.4% are now married, 1.4% are separated, 10.4% are widowed, and 9.7% are divorced. The average yearly contribution amount given by people to charity was $3,856 versus the state average of $3,451. The percent of residents who gave to charity was 38.3%.
The estimated median value of houses and condos is $634,809. The median monthly owner costs of mortgage holders was $2,595, where as the costs for those who don't have a mortgage are $929. The median number of rooms in houses and condos are 6.3 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $5,125. In comparision, the average real estate tax percent rate in the state is 2.4% which equated to an average real estate tax amount payment in the state of $8,432. The median housing property tax percent for residents with mortgages was 0.8% which amounted to an average tax amount of $5,370. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.8% which amounted to an average tax amount of $4,930. Reported taxable interest for persons was $2,428, dividends $6,831, capital gains +$20,920, and itemized deductions $30,806. The average earned income tax credit is $1,612. The percent of individuals that use a tax preparer is 65.3%. The total average income taxes paid by individuals was $11,864. Businesses reported an average profit of $32,375.
Clancy's By The Sea
1244 Boardwalk, Ocean City, NJ 08226
Ike's Famous Crabcakes
1344 Boardwalk, Ocean City, NJ 08226
Jay's Crab Shack
737 Asbury Ave, Ocean City, NJ 08226
Oves' Seafood Restaurant
E 4th St & Boardwalk, Ocean City, NJ 08226
Captan Bob
9 E 55th St, Ocean City, NJ 08226
Topsail Steamer
3363 West Ave, Ocean City, NJ 08226
Randazzo's Family Restaurant
401 34th St, Ocean City, NJ 08226
Trattoria Vittorio
1018 Asbury Ave, Ocean City, NJ 08226
Browns Restaurant
110 Boardwalk, Ocean City, NJ 08226
OC Surf Cafe
715 E 8th St, Ocean City, NJ 08226
Jon & Patty's
637 Asbury Ave, Ocean City, NJ 08226
The Chatterbox Restaurant
500 E 9th St, Ocean City, NJ 08226
Del's Grill
934 Boardwalk, Ocean City, NJ 08226
Arlene's On Asbury
624 Asbury Ave, Ocean City, NJ 08226
Cousin's Restaurant
104 Asbury Ave, Ocean City, NJ 08226
Wards Pastry
730 Asbury Ave, Ocean City, NJ 08226
Fractured Prune
1225 Asbury Ave, Ocean City, NJ 08226
Varsity Inn
605 E. 8th St, Ocean City, NJ 08226
Frankie's on the Bay
1050 Bay Ave, Ocean City, NJ 08226
Oc Eatery
506 E 9th St, Ocean City, NJ 08226
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