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Gandys Beach

Learn about the people, housing, costs and businesses in Gandys Beach, New Jersey

Median Home$191,600
Median Rent$1,273/month
Population29
Leading IndustriesWholesale Trade · Construction · Agriculture & Mining14% wholesale trade
Home Value Growth⬆⬆⬆+22.3% over 2 years
Retirees27% of residentsabove average nationally
Homeowners85% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Gandys Beach
NJ

Frequently Asked Questions

What are today's mortgage rates in Gandys Beach?

As of today, the 30-year fixed mortgage rate for Gandys Beach is approximately 6.994% (7.034% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Gandys Beach?

The median home value in Gandys Beach is $192k. The median monthly rent is $1,273. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Gandys Beach?

Home values in Gandys Beach have increased 22.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Gandys Beach?

Based on a typical all-in ownership cost of $995/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Gandys Beach is $68k/year.

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What industries drive the economy in Gandys Beach?

The largest employment sectors in Gandys Beach are public administration (18%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.