Find property management in Ocean City, NJ
Learn what to look for, compare Ocean City management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Ocean City Property Managers (24)
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Growth Properties Hospitality Management
- We are a professional Hotel, Condo-Hotel and Condominium Association Rental Program management company with more than 30 years of experience with an active, hands on approach to management. View full company profileMarket Info
Ocean City Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Ocean City property management companies to find and get quotes from multiple property managers in Ocean City, New Jersey. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
| Ocean City | New Jersey | U.S. | |
|---|---|---|---|
| Median Home Value | $340,900 | $365,400 | $192,400 |
| Owner Costs > 30% Income | 14.3% | 17% | 14.7% |
| Gross Rent > 30% Income | 21.9% | 20.2% | 19.2% |
Ocean City Housing Market Stats
As of 2008, the rental vacancy rate in Ocean City stood at 11%, relatively high compared to the rest of the country. There are about 101,463 housing units, averaging $340,900 in value, 26% of which are occupied by renters. The rent to price ratio in Ocean City is 0.3%, slightly higher than the New Jersey average. For 22% of Ocean City tenants, 30% or more of their income goes to paying rent.
Demographic Stats
| Ocean City | New Jersey | U.S. | |
|---|---|---|---|
| Avg Commute Time (minutes) | 21.6 | 29.5 | 25.3 |
| Median Age | 43.9 | 38.3 | 36.7 |
| Avg Household Size - Owners | 2.05 | 2.82 | 2.7 |
| Avg Household Size - Renters | 1.79 | 2.4 | 2.42 |
| Median Household Income | $54,338 | $68,241 | $52,175 |
| Per Capita Income | $33,944 | $34,415 | $27,466 |
Ocean City Demographic Info
Ocean City has a population of 96,568, comprised of 47,358 households, with on average 2 members per household. Out of approximately 48,507 people in the civilian workforce, 45,050 (93%) were employed in 2008. 89% of the population 25 and older has earned a high school diploma, with 27% holding a 4 year college degree.