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Home values, rents and more in ZIP code 08731 (Forked River, NJ)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$508,000
Metro: $731,000 · U.S.: $366,000
Home values, past year
+5.4%
Metro: +4.9% · U.S.: +1.2%
Typical rent
$2,800/mo
Metro: $3,546 · U.S.: $1,932
Population
21,629
ACS 2020–24
Median household income
$98,582
Metro: $99,155 · U.S.: $80,734
ZIP codes around 08731, shaded by typical home value0873108019087590801508005085330875308721087580875708640087550873308752
  • Under $440k
  • $440k–$510k
  • $510k–$560k
  • $560k–$650k
  • $650k+
  • No data
ZIP codes around 08731, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 08731 is outlined.

How 08731 compares

The typical home in ZIP code 08731 (Forked River, NJ) is worth about $508,000, according to the Zillow Home Value Index for September 2026. Home values in 08731 are 30% below the typical value in the New York metro area ($731,000) and 39% above the U.S. typical value ($366,000).

Over the past year, home values in 08731 rose 5.4%, compared with +4.9% in the New York metro area and +1.2% nationally.

Typical rent is $2,800 a month (Zillow Observed Rent Index), 21% below the New York metro area ($3,546) and 45% above the U.S. ($1,932).

The median household income is $98,582, against $99,155 in the New York metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 21,629 people live in 08731 (American Community Survey 2020–24).

08731 has the 83rd-lowest typical home value of the 815 ZIP codes in the New York metro area and the 199th-lowest of 546 in New Jersey with Zillow figures.

Part of: Forked River, NJ · Ocean County, NJ · New York metro area · New Jersey

More for 08731 in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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