HomeNew JerseyMonmouth CountyOcean Grove
Ocean Grove, New Jersey: commercial real estate data.
Ocean Grove is a Census CDP of 3,092 people across 0.37 square miles of land, in Monmouth County. Median household income is $89,286, 63.7 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $7.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Ocean Grove
What Ocean Grove is
- Census place typeCDP
- Land area0.37 sq mi
- Water area0.05 sq mi
- Population per square mile of land8,333
- County holding the largest share of its areaMonmouth County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean Grove
How many people live in Ocean Grove
- Population3,092
- Median age62.2
- Population under 1879 plus or minus 43
- Share under 182.6 percent plus or minus 1.4
- Population 65 and over1,129
- Share 65 and over36.5 percent
- Households1,754
- Family households719 plus or minus 197
- Share of households that are families41.0 percent plus or minus 9.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean Grove
Income and work in Ocean Grove
- Median household income$89,286 plus or minus $30,631
- Per capita income$88,273
- Civilian labor force1,532
- Employed1,467
- Unemployed65 plus or minus 48
- Unemployment rate4.2 percent plus or minus 3.0
- Adults 25 and over2,881
- Adults 25 and over with a high school diploma or higher97.1 percent plus or minus 19.7
- Adults 25 and over with a bachelor degree or higher69.3 percent
- Adults 25 and over with a graduate degree31.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean Grove
Housing in Ocean Grove
- Housing units2,817
- Occupied units1,754
- Vacant units1,063
- Vacancy rate37.7 percent
- Owner occupied1,118
- Renter occupied636 plus or minus 146
- Ownership rate63.7 percent
- Median owner-occupied home value$790,100
- Median gross rent, monthly$1,488 plus or minus $350
- Annual rent as a share of median income20.0 percent plus or minus 8.3
- Single family units1,751
- Share single family62.2 percent
- Units in buildings of two or more1,066 plus or minus 234
- Share in buildings of two or more37.8 percent plus or minus 7.9
- Mobile homes0
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean Grove
How Ocean Grove gets to work
- Workers 16 and over who commute989 plus or minus 235
- Commuting under 15 minutes272 plus or minus 94
- Share commuting under 15 minutes27.5 percent plus or minus 6.9
- Commuting 30 minutes or more506 plus or minus 153
- Share commuting 30 minutes or more51.2 percent
- Drove alone48.9 percent plus or minus 11.5
- Carpooled2.3 percent plus or minus 2.5
- Public transport7.1 percent plus or minus 4.2
- Walked8.1 percent plus or minus 4.6
- Worked from home32.6 percent plus or minus 8.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Ocean Grove
SBA loans in Ocean Grove (7(a))
- Approvals4
- Gross approval$7,055,000
- Average approval$1,763,750
- Median approval$1,012,500
- Largest approval$5,000,000
- Jobs supported37
- Jobs per approval9.3
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term210 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders4
- Distinct industries by NAICS4
Counted by borrower city: approvals to borrowers whose address is in Ocean Grove, in any county, FY2020 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Ocean Grove
SBA loans in Ocean Grove (504)
- Approvals4
- Gross approval$2,774,000
- Average approval$693,500
- Median approval$727,000
- Largest approval$1,118,000
- Jobs supported8
- Loans with a final outcome0
- Charged off0
- Median term270 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Ocean Grove, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Monmouth County, not Ocean Grove
Monmouth County context, not Ocean Grove figures
- Establishments in Monmouth County19,883
- Covered employment, Monmouth County274,000
- Average annual pay, Monmouth County$70,560
- Housing units permitted, Monmouth County2,782
Every figure in this section is published for Monmouth County as a whole and is not a measurement of Ocean Grove.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Ocean Grove questions, answered from the record.
How many people live in Ocean Grove, New Jersey?
3,092, in 1,754 households. Ocean Grove CDP covers 0.37 square miles of land, which is 8,333 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Ocean Grove in?
Monmouth County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Ocean Grove?
$89,286. The median owner-occupied home is valued at $790,100. Median gross rent is $1,488 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Ocean Grove businesses?
4 7(a) approvals totaling $7.1 m since FY2020, across 4 lenders, median approval $1,012,500, plus 4 504 approvals worth $2.8 m since FY2010. These count approvals to borrowers whose address is in Ocean Grove, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Ocean Grove borrowers get paid back?
No rate is published for Ocean Grove. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Ocean Grove figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Monmouth County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Ocean Grove.
Is zoning published for Ocean Grove?
No. Nothing on this page presents parcel level zoning.