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Shark River Hills

Learn about the people, housing, costs and businesses in Shark River Hills, New Jersey

Median Home$553,800
Population3,215
Leading IndustriesTransportation · Finance & Insurance · Information & Media4% transportation
Home Value Growth⬆⬆⬆+23.3% over 2 years
Retirees23% of residentsslightly above average
Homeowners100% of occupied units
NotableHigh Incomes$143k/year · top 5% nationally
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Shark River Hills
NJ

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Shark River Hills?

As of today, the 30-year fixed mortgage rate for Shark River Hills is approximately 6.845% (6.879% 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 Shark River Hills?

The median home value in Shark River Hills is $554k. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shark River Hills?

Home values in Shark River Hills have increased 23.3% 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 Shark River Hills?

Based on a typical all-in ownership cost of $2,146/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $92k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shark River Hills is $143k/year.

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What industries drive the economy in Shark River Hills?

The largest employment sectors in Shark River Hills are public administration (26%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.