Berkeley Shores median real estate price is $301,798, which is more expensive than 45.2% of the neighborhoods in New Jersey and 71.9% of the neighborhoods in the U.S.
The average rental price in Berkeley Shores is currently $1,740, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 71.2% of the neighborhoods in New Jersey.
Berkeley Shores is a suburban neighborhood (based on population density) located in Bayville, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Berkeley Shores real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Berkeley Shores neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Vacant apartments or homes are a major fact of life in Berkeley Shores. The current real estate vacancy rate here is 24.8%. This is higher than the rate of vacancies in 90.8% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (17.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.