Point Pleasant Borough is renowned as a desirable place to live. Situated in Ocean County, New Jersey, it lies on the Jersey Shore, offering residents scenic views and a vibrant coastal atmosphere. Nestled along the picturesque Manasquan River and is conveniently located near the Atlantic coast, providing easy access to both river and oceanfront activities.
Incorporated in 1920, the borough features a blend of water and residential appeal, offering canal access, waterfront views, and a variety of suburban neighborhoods. Running through the center of the Borough is the Point Pleasant Canal which is a manmade waterway constructed in 1925. The creation of this canal created what is known as the Barnegat Bay Pensiula into an island.
The borough’s coastal proximity and access to nearby shore communities make it an attractive choice for those seeking both suburban comfort and access to beach or lake amenities.
NJ Transit provides rail service to New York City from Bayhead, which is located adjacent to the area. The service operates via Long Branch, offering convenient transportation options for travelers heading to New York City.
As of mid-2025, Point Pleasant’s median sale price has been around $700,000 or higher. A recent industry report noted a median sale price of $737,500—down about 3.2% year-over-year—with homes typically spending 27 days on the market. Rocket’s market report cited a median price of approximately $725,000 and about $449 per square foot in April 2025, which represented an 18.9% year-over-year increase. Homes in Point Pleasant tend to sell quickly, often moving in less than 30 days, and inventory is generally tight. Desirable properties, particularly those that are waterfront or well-updated, attract strong demand.
Point Pleasant is considered by many buyers to offer relatively lower property taxes compared to other New Jersey shore towns, while still providing valuable amenities. The area attracts buyers from northern New Jersey who are willing to commute for the benefits of coastal living. Many homes are located near water or canals, which means insurance (such as flood and wind) and maintenance costs (including bulkhead, dock, and seawall repairs) can add to the overall expense of ownership. Given the high property values, buyers should ensure their budgets account for not only the mortgage but also taxes, insurance, upkeep, and potential storm or flood risk mitigation.
Point Pleasant offers a variety of home types, with single-family detached homes being the most common. Waterfront, canal, and river-access properties are available, as well as suburban residential streets developed from the mid-20th century onward. Some newer construction can be found on infill lots or redeveloped properties. According to industry reports, approximately 78.6% of housing units are single-family detached, and nearly half of the homes were built between the 1940s and 1960s, with the remainder constructed from 1970 to 1999 or more recently. Homeownership is prevalent, with about 80% of units being owner-occupied.
A significant feature of Point Pleasant is the Point Pleasant Canal, which provides boating access and connects inland waterways. The canal also requires lift-bridge operations for marine traffic. With its proximity to the Manasquan River and the Atlantic shore, residents enjoy a wide range of water-based activities, such as boating, fishing, kayaking, and other outdoor recreation. The downtown area and waterfront are home to shops, restaurants, and local businesses, contributing to the borough’s charm and walkability. Many residents appreciate the friendly community atmosphere and the appeal of water-related activities.
Public Schools & Education
The Point Pleasant School District provides pre-kindergarten through twelfth grade public ecucation.
$644,700
$422.75
Average median home price as provided by the U.S. Census Bureau's American Community Survey, with 5-year estimates adjusted by current housing values on October 8, 2025.
Property tax average based upon data provided by the U.S. Census Bureau's American Community Survey, with 5-year estimates adjusted by current housing values and calculated on October 8, 2025.
Average home appreciaion over one year as proodided by the U.S. Census Bureau, American Comunity Survey, 5-year estimated adjusted by current housing values and calculated on October 8, 2025.
Average Sale Price per sq. ft based upon city level data, calculated by using tax information capturing square footage of all properties available and dividing by average home price of the same area and calculated on October 8, 2025.
Decide if you prefer a waterfront, canal, or river-access home—which usually comes with higher costs and additional risks—or a conventional in-town or inland lot. The differences in price, maintenance, insurance, and risk can be substantial.
Given the proximity to waterways, many properties are in flood zones. Obtain elevation data, determine if the home is elevated or built on pilings, inspect bulkheads or seawalls, and verify flood insurance requirements.
Coldwell Banker Riviera Agents are knowledgeable about local neighborhoods, water access issues, and permitting for docks, seawalls, and other waterfront improvements. Comprehensive inspections are essential, covering structural integrity, seawalls/docks, water intrusion, foundation, HVAC, and roofing.
Secure mortgage preapproval and budget for closing costs, property taxes, insurance, maintenance, and potential waterfront upkeep. Be prepared for competitive offers, especially for well-located homes.
Properties with desirable locations, updates, or water access tend to sell quickly. Monitor listings daily, act decisively when suitable homes become available, but maintain patience and discipline throughout the search.
Given the high property values in Point Pleasant, consider exploring nearby neighborhoods—such as Stafford Township, Brick Township, and other shore towns—for value comparisons, differences in taxes, and commuting tradeoffs.
Let Coldwell Banker Riviera Realty help you find the right home — whether it’s a waterfront retreat, family home, or low-maintenance coastal condo. Connect with one of our local agents today to begin your Point Pleasant real estate journey.
Coldwell Banker Riviera Realty is a full service real estate company offering real estate brokerage services to home sellers, buyer, tenants and landlords in Point Pleasant, NJ and in the surrounding communities.
Our Point Pleasant Office is Located at
219 Bridge Avenue, Point Pleasant, NJ 08742
Phone 732-341-6767
eMail: PointPleasant@RivieraRealty.com