Appreciation for MSAs:.

Before we disect the appreciation within the MSA for this period, lets consider how Ocean City, New Jersey did compared to the state as a whole.

The Ocean City, New Jersey MSA property value change was + 89.62% (+ 11.20% yearly).

All of the property in NJ averaged + 61.27% change in value (+ 7.66% yearly).

Ocean-City-NJ

Detailed Quarterly Appreciation is Available on Periods Less than 4 Years Only
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1999-2002 Quarterly Detailed Appreciation
1996-1999 Quarterly Detailed Appreciation


Some of the ways peope use our appreciation data for Ocean City, New Jersey include real estate investment .

Lets look at Cape May, New Jersey, a city located in Ocean City, New Jersey MSA.

Appreciation is an important factor in fixing/rehabbing and flipping properties. If appreciation rates are good this area may be prime. If you need information on a Hard Money Rehab Loan in New Jersey check out Spec-Loan.com

If you were going to do a Cape May, New Jersey Refinance, or Cape May, New Jersey Reverse Mortgages, you could estimate your home value.

If you knew your Cape May, New Jersey home was worth $97,000.00 in 1995, you could multiply by + 89.62%, add the gain and see the home should be worth $183,931.40 in 2002. Home value is an important part of every mortgage transaction.


Average YEARLY Real Estate Appreciation for Ocean-City-NJ from 1995 to 2002:
+ 11.20%

Appreciation Comparisons

The top 5 performing MSAs from 1995 to 2002 were Barnstable-Town-MA, San-Jose-Sunnyvale-Santa-Clara-CA, Santa-Cruz-Watsonville-CA, San-Luis-Obispo-Paso-Robles-CA, and Napa-CA .

  1. Barnstable-Town-MA increased +119.52% from 1995 to the end of 2002
  2. San-Jose-Sunnyvale-Santa-Clara-CA increased +114.76% from 1995 to the end of 2002
  3. Santa-Cruz-Watsonville-CA increased +106.13% from 1995 to the end of 2002
  4. San-Luis-Obispo-Paso-Robles-CA increased +101.11% from 1995 to the end of 2002
  5. Napa-CA increased + 96.27% from 1995 to the end of 2002

In contrast, the worst 5 MSAs from 1995 to 2002 were Honolulu-HI, Lawton-OK, Springfield-IL, El-Paso-TX, and Buffalo-Niagara-Falls-NY .

  1. Honolulu-HI only increased + 2.32% between 1995 and 2002
  2. Lawton-OK only increased + 15.76% between 1995 and 2002
  3. Springfield-IL only increased + 16.71% between 1995 and 2002
  4. El-Paso-TX only increased + 16.73% between 1995 and 2002
  5. Buffalo-Niagara-Falls-NY only increased + 18.01% between 1995 and 2002

Zip Code in MSA: 8204 - CAPE MAY, NJ

MSA Pop: 101845
Zip Pop: 18831
Avg Value: 122700
County: CAPE MAY
Elev: 19
Region: Northeast
Lat: 38.9712
Long: -74.92314