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City · 7,830 residents · Ocean County, New Jersey

Crestwood Village , New Jersey

In Crestwood Village, a typical home is worth $96,500. Compared with all of Ocean County, the typical home value is 76% lower, typical household income is 58% lower, and the share of households that own their home is 10 points higher.

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  • Typical home value

    $96,500

    76% below the county

    79% below New Jersey

    • Crestwood Village
    • Ocean
    • New Jersey

  • Typical household income

    $38,091a year

    58% below the county

    63% below New Jersey

    • Crestwood Village
    • Ocean
    • New Jersey

  • Households that own their home

    91%

    10 points above the county

    27 points above New Jersey

    • Crestwood Village
    • Ocean
    • New Jersey

Source: U.S. Census Bureau, Average 2020–2024

Crestwood Village is in Ocean County. The FHA loan limit ($1,249,125 for a one-unit home), the fair market rents and the help on this page are those of all of Ocean County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Crestwood Village apart

What this place has that others do not, from public data, most unusual first.

  1. Crestwood Village has the lowest typical household income of the 294 cities in New Jersey with more than 5,000 people: $38,091.

  2. Crestwood Village has the 2nd lowest typical home value of the 293 cities in New Jersey with more than 5,000 people ($96,500).

  3. Crestwood Village has the 6th smallest share of rent-burdened renters of the 249 cities in New Jersey with more than 5,000 people (31%).

  4. 91% of households in Crestwood Village own their home, against 81% in Ocean County.

  5. 14% of households in Crestwood Village have no internet at home (9% in Ocean County).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Crestwood Village

What homes there are in Crestwood Village, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

No kind of home is the majority in Crestwood Village; the largest group, attached houses (townhouses), adds up to 38%, against 10% in Ocean County.

Year built

In Crestwood Village, half of the homes were built before 1976; in Ocean County, before 1981.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$1,241 a month

Ocean County: $2,330 a month

Without a mortgage

$530 a month

Ocean County: $920 a month

Owners with a mortgage

16%

Ocean County: 59%

In Crestwood Village, 16% of owners have a mortgage, and their typical cost is $1,241 a month, against $2,330 in Ocean County. Without one it drops to $530.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

Homes in Crestwood Village gained value more slowly than in Ocean County: 32% since 2015–2019, against 43%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCrestwood VillageOcean CountyNew JerseyUnited States
Rental vacancy Unreliable estimate3.1%3.5%5.5%
Homeowner vacancy Unreliable estimate0.9%0.7%0.9%
More than one person per room Unreliable estimate2.3%4.0%3.4%
People per household 1.382.652.622.53
Drive alone 82%75%62%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate1%8%3%
Walk or bike Unreliable estimate2%3%3%
Work from home 12%13%17%15%
Other means Unreliable estimate1%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

Households in Crestwood Village are smaller: 1.38 people on average; in Ocean County, 2.65.

To get to work, 82% of workers in Crestwood Village drive alone; in Ocean County, 75%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Crestwood Village?

A typical home is within reach of the typical income

We start with a typical home in Crestwood Village, worth $96,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 27% of the typical household income in Crestwood Village, which is $38,091 a year.

The calculator's FHA and conventional loan limits are those of all of Ocean County.

Your numbers

Local data
$

Starts at the typical home value in Crestwood Village. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $3,378 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$861

at 7.18% · 30 years

Loan amount
$94,752
Total interest
$136,325
Paid off in
November 2056

Includes $1,630 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $889 a month

    Your payment · 27%

  • Tight

    $889 to $1,143 a month

  • Hard

    more than $1,143 a month

Compared with the typical household income in Crestwood Village ($38,091 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$861
Principal & interest$642
Property tax$136
Home insurance$40
FHA mortgage insurance (MIP)$43

You need at least $3,378 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Crestwood Village and Ocean County

Crestwood Village is in Ocean County, New Jersey. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Crestwood Village's own numbers

Typical home value
$96,500
Typical yearly household income
$38,091
Households that own their home
91%
Effective property tax rate
1.69%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Ocean County

FHA limit, one-unit home
$1,249,125
Conventional limit, one unit
$1,209,750
HUD fair market rent, 2 bedrooms
$2,283
Price change over 5 years (FHFA)
+73%
Homes in a high flood-risk zone
22%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Ocean County.

Everything about Ocean County

Buying

Buying a home in Crestwood Village

A typical home in Crestwood Village is worth $96,500: 76% below the county and 79% below New Jersey. With the typical household income in Crestwood Village ($38,091 a year), a typical home costs 2.5 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Crestwood Village 2.5 years
  • Ocean 4.4 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Ocean County

According to FHFA’s house price index, home prices in Ocean County rose 106% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Ocean County.

Period County New Jersey U.S.
Last year (2025) +6.0% +6.2% +2.9%
5 years (2020–2025) +73% +63% +47%
10 years (2015–2025) +106% +88% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Crestwood Village next to Ocean County, New Jersey and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Crestwood Village $96,500
  • Ocean $398,400
  • New Jersey $454,400
  • United States $332,700
Typical yearly household income
  • Crestwood Village $38,091
  • Ocean $89,863
  • New Jersey $103,556
  • United States $80,734
See the full table
Crestwood Village next to Ocean County and New Jersey
Measure Crestwood Village Ocean County New Jersey U.S.
Typical home value $96,500 $398,400 $454,400 $332,700
Typical yearly household income $38,091 $89,863 $103,556 $80,734
Households that own their home 91% 81% 64% 65%
Typical yearly property tax $1,631 $6,562 $9,590 $3,119
Effective property tax rate 1.69% 1.65% 2.11% 0.94%
Renters with high rent for their income 31% 58% 52% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Ocean County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Crestwood Village

For a typical $96,500 home in Crestwood Village, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Crestwood Village's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $861a month

    Least cash to close
    Down payment
    $3,378
    Cash to close
    $6,273
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $43

  • Conventional, 5% down $843a month

    Down payment
    $4,825
    Cash to close
    $7,720
    Rate
    7.18%
    Mortgage insurance
    PMI · $46

  • Conventional, 20% down, no PMI $699a month

    Down payment
    $19,300
    Cash to close
    $22,195
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $788a month

    Down payment
    $14,475
    Cash to close
    $17,370
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Crestwood Village and for Ocean County.

Property tax

Effective rate in Crestwood Village

1.69%of the home’s value each year

$1,631 a year for the typical owner in Crestwood Village.

  • Crestwood Village 1.69%
  • Ocean 1.65%
  • New Jersey 2.11%

What New Jersey publishes ANCHOR, Senior Freeze and Stay NJ: one combined application (New Jersey Division of Taxation)

Exemptions and deadlines in New Jersey

Flood risk in Ocean County

FEMA does not publish these numbers by city: they are for all of Ocean County.

Homes in the high-risk zone
22%
47,067
Of those, with NFIP insurance
71%
County New Jersey U.S.
Homes in the high-risk zone 22% 6.7% 3.5%
Of those, with NFIP insurance 71% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Crestwood Village

The Census Bureau publishes no typical rent for Crestwood Village. Below are the fair market rents for Ocean County. In Crestwood Village, 31% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Ocean County, by unit size. To pay the 2-bedroom one ($2,283 a month) without spending more than 30% of your income, you would need to earn $43.90 an hour working full time.

HUD fair market rent for all of Ocean County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $1,671 $32.13 $66,840
1 bedroom $1,847 $35.52 $73,880
2 bedrooms $2,283 $43.90 $91,320
3 bedrooms $2,927 $56.29 $117,080
4 bedrooms $3,241 $62.33 $129,640

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Crestwood Village

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Crestwood Village is in ZIP code 08759.

For 2 bedrooms it is $1,760: $523 less than the fair market rent for Ocean County ($2,283).

  • 08759 $1,760$2,260

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Crestwood Village when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Crestwood Village

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Ocean County; 1 says it serves in Spanish.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Crestwood Village

No down payment, repair or rent-help program on our list is for Crestwood Village or Ocean County. The ones below are statewide in New Jersey: they work in Crestwood Village the same as in the rest of the state.

Which programs do I qualify for? All programs in New Jersey

Housing counselors near Crestwood Village

The HUD-approved agencies closest to the center of Crestwood Village, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Ocean, Inc. (ocean Community Economic Action Now, Inc.)

    40 Main St, Toms River · 8 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 6 more
    732-244-5333-1108

  • Navicore Solutions

    200 US Highway 9, Manalapan · 24 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (732) 409-6281

  • Navicore Solutions - Manalapan, NJ

    200 US Highway 9, Manalapan · 24 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (732) 409-6281

Every agency in Ocean County All counseling agencies in New Jersey

Help in Spanish near Crestwood Village

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Crestwood Village

In HUD’s record, no housing authority with an office in Ocean County is named for Crestwood Village or Ocean County.

4 other authorities have an office in Ocean County: see the list Source: HUD

Cities

Other cities in Ocean County

These cities are also in Ocean County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Ocean County Housing in New Jersey

Nearby cities

The cities closest to Crestwood Village, with the typical home value.

Neighboring counties

If Ocean County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Crestwood Village.

All guides
A couple spread mulch under the avocado trees of their family orchard, he on the tractor and she with a shovel.

Questions

Housing questions about Crestwood Village

Short answers with the numbers for Crestwood Village and all of Ocean County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Crestwood Village?

The typical home value in Crestwood Village is $96,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ocean County it is $398,400.

What is the FHA loan limit in Crestwood Village?

Crestwood Village uses the FHA limit for all of Ocean County (2026): $1,249,125 for a one-unit home and $2,402,625 for a four-unit home.

How much property tax do owners pay in Crestwood Village?

The typical homeowner in Crestwood Village pays $1,631 a year, according to the U.S. Census Bureau. That is 1.69% of the home’s value; in Ocean County, the rate is 1.65%.

Where can I find free help to buy or rent in Crestwood Village?

There is 1 HUD-approved counseling agency with an office in Ocean County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).