In Mystic Island, a typical home is worth $321,500 and typical rent is $1,893 a month. Compared with all of Ocean County, the typical home value is 19% lower, typical household income is 12% lower, and the share of households that own their home is 7 points higher.
Mystic Island 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
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Smithville, the typical rent is $1,507: 20% less than in Mystic Island ($1,893).
2
The typical home in Mystic Island is worth $321,500,19% less than in Ocean County as a whole ($398,400).
3
88% of households in Mystic Island own their home, against 81% in Ocean County.
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Mystic Island
What homes there are in Mystic Island, 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
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Mystic Island
Ocean County
New Jersey
United States
Kind of home: Mystic Island and its comparisons
Measure
Mystic Island
Ocean County
New Jersey
United States
Detached house
96%
74%
53%
61%
Attached house
Unreliable estimate
10%
10%
6%
Building of 2 to 4
Unreliable estimate
5%
15%
8%
Apartments (5 or more)
Unreliable estimate
8%
22%
19%
Mobile home
Unreliable estimate
2%
1%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Mystic Island, 10 in 10 homes are single-family detached houses; in Ocean County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Mystic Island
Ocean County
New Jersey
United States
Year built: Mystic Island and its comparisons
Measure
Mystic Island
Ocean County
New Jersey
United States
Before 1960
Unreliable estimate
16%
38%
26%
1960–1979
41%
32%
25%
24%
1980–1999
32%
28%
21%
25%
2000–2009
11%
13%
9%
14%
2010 or later
11%
11%
7%
11%
In Mystic Island, half of the homes were built before 1982; in Ocean County, before 1981.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200K14%
$200K–$300K30%
$300K–$500K35%
$500K–$750K16%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Mystic Island and its comparisons
Measure
Mystic Island
Under $100K
Unreliable estimate
$100K–$200K
14%
$200K–$300K
30%
$300K–$500K
35%
$500K–$750K
16%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,99950%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Mystic Island and its comparisons
Measure
Mystic Island
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable estimate
$1,500–$1,999
50%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
With a mortgage
$1,866 a month
Ocean County: $2,330 a month
Without a mortgage
$849 a month
Ocean County: $920 a month
Owners with a mortgage
55%
Ocean County: 59%
Owning costs less in Mystic Island: with a mortgage, the typical cost is $1,866 a month; in Ocean County, $2,330. Without one, $849.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Mystic Island+51%
Ocean County+43%
New Jersey+35%
United States+53%
Typical rent
Mystic Island+30%
Ocean County+23%
New Jersey+29%
United States+33%
Typical household income
Mystic Island+38%
Ocean County+27%
New Jersey+26%
United States+29%
Change since 2015–2019: Mystic Island and its comparisons
Measure
Mystic Island
Ocean County
New Jersey
United States
Typical home value
+51%
+43%
+35%
+53%
Typical rent
+30%
+23%
+29%
+33%
Typical household income
+38%
+27%
+26%
+29%
Since 2015–2019, homes in Mystic Island gained value faster than in Ocean County: 51% against 43%.
Since 2015–2019, the typical rent in Mystic Island rose 30%, more than in Ocean County (23%).
The typical household income in Mystic Island rose 38% over that time; home values changed +51% and rent +30%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Mystic Island and its comparisons
Measure
Mystic Island
Ocean County
New Jersey
United States
Rental vacancy
Unreliable estimate
3.1%
3.5%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
0.7%
0.9%
More than one person per room
Unreliable estimate
2.3%
4.0%
3.4%
People per household
2.21
2.65
2.62
2.53
Drive alone
80%
75%
62%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
1%
8%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
11%
13%
17%
15%
Other means
Unreliable estimate
1%
2%
2%
Typical commute
30 to 39 minutes
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Mystic Island are smaller: 2.21 people on average; in Ocean County, 2.65.
The car rules in Mystic Island: 80% of workers drive to work alone, and the typical trip takes 30 to 39 minutes.
Do the math
What would you pay each month for a home in Mystic Island?
A typical home costs more than the typical income allows
We start with a typical home in Mystic Island, worth $321,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Mystic Island, which is $78,714 a year. For that payment to be 28% of income, a household would need to earn about $121,398 a year.
The calculator's FHA and conventional loan limits are those of all of Ocean County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Mystic Island. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $11,253 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$2,833
at 7.18% · 30 years
Loan amount
$315,676
Total interest
$454,184
Paid off in
November 2056
Includes $5,429 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,837 a month
Tight
$1,837 to $2,361 a month
Hard
more than $2,361 a month
Your payment · 43%
Compared with the typical household income in Mystic Island ($78,714 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$2,139
Property tax
$418
Home insurance
$134
FHA mortgage insurance (MIP)
$142
You need at least $11,253 for the down payment, plus closing costs.
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.
Total monthly payment $2,833; principal and interest $2,139.
The city and its county
Mystic Island and Ocean County
Mystic Island 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).
Mystic Island
Map of Ocean County, New Jersey, with Mystic Island marked. Around it, the neighboring counties.
Mystic Island
Ocean County
Other cities with a page
Mystic Island's own numbers
Typical home value
$321,500
Typical monthly rent
$1,893
Typical yearly household income
$78,714
Households that own their home
88%
Effective property tax rate
1.56%
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.
A typical home in Mystic Island is worth $321,500: 19% below the county and 29% below New Jersey. With the typical household income in Mystic Island ($78,714 a year), a typical home costs 4.1 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.
Mystic Island4.1 years
Ocean4.4 years
New Jersey4.4 years
United States4.1 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.
Yearly change in FHFA’s price index in Ocean County, 2016 to 2025
2016: +3.5% +3.5% 2016
2017: +2.8% +2.8% 2017
2018: +3.7% +3.7% 2018
2019: +3.2% +3.2% 2019
2020: +4.5% +4.5% 2020
2021: +14.9% +14.9% 2021
2022: +19.4% +19.4% 2022
2023: +10.4% +10.4% 2023
2024: +8.0% +8.0% 2024
2025: +6.0% +6.0% 2025
Change in FHFA’s price index in Ocean County, New Jersey and the United States
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
Mystic Island 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
Mystic Island$321,500
Ocean$398,400
New Jersey$454,400
United States$332,700
Typical monthly rent
Mystic Island$1,893
Ocean$1,755
New Jersey$1,720
United States$1,413
Typical yearly household income
Mystic Island$78,714
Ocean$89,863
New Jersey$103,556
United States$80,734
See the full table
Mystic Island next to Ocean County and New Jersey
Measure
Mystic Island
Ocean County
New Jersey
U.S.
Typical home value
$321,500 ▼19% below the county
$398,400
$454,400
$332,700
Typical monthly rent
$1,893 ▲8% above the county
$1,755
$1,720
$1,413
Typical yearly household income
$78,714 ▼12% below the county
$89,863
$103,556
$80,734
Households that own their home
88% ▲7 points above the county
81%
64%
65%
Typical yearly property tax
$5,009 ▼24% below the county
$6,562
$9,590
$3,119
Effective property tax rate
1.56% ▼0.09 points below the county
1.65%
2.11%
0.94%
Renters with high rent for their income
63% ▲5 points above the county
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 Mystic Island
For a typical $321,500 home in Mystic Island, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mystic Island's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$2,833a month
Least cash to close
Down payment
$11,253
Cash to close
$20,898
Rate
7.18%
Mortgage insurance
FHA MIP · $142
Conventional, 5% down$2,774a month
Down payment
$16,075
Cash to close
$25,720
Rate
7.18%
Mortgage insurance
PMI · $153
Conventional, 20% down, no PMI$2,294a month
Down payment
$64,300
Cash to close
$73,945
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$2,591a month
Down payment
$48,225
Cash to close
$57,870
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Mystic Island
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$2,833
$11,253
$315,677
7.18%
FHA MIP · $142
$20,898
580
Conventional, 5% down
$2,774
$16,075
$305,425
7.18%
PMI · $153
$25,720
620*
Conventional, 20% down, no PMI
$2,294
$64,300
$257,200
7.18%
None
$73,945
620*
ITIN, 15% down (example)
$2,591
$48,225
$273,275
8.18%
None
$57,870
Set by the lender
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.
Typical rent in Mystic Island is $1,893 a month: 8% above the county. In Mystic Island, 63% 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.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Ocean County (Fiscal year 2027)
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 Mystic Island
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mystic Island is in ZIP code 08087.
For 2 bedrooms it is $2,250: $33 less than the fair market rent for Ocean County ($2,283).
Fair market rent by ZIP code and size in Mystic Island, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
08087
$1,650
$1,820
$2,250
$2,880
$3,190
ZIP code2 bd3 bd
08087 $2,250$2,880
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mystic Island 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 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
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.
No down payment, repair or rent-help program on our list is for Mystic Island or Ocean County. The ones below are statewide in New Jersey: they work in Mystic Island the same as in the rest of the state.
NJHMFA second loan with no interest, forgiven after five years, for first-time buyers in New Jersey.Offered by New Jersey Housing and Mortgage Finance Agency (NJHMFA).
Extra NJHMFA assistance for first-time buyers whose parents have never owned a home (or who were in foster care in New Jersey).Offered by New Jersey Housing and Mortgage Finance Agency (NJHMFA).
The HUD-approved agencies closest to the center of Mystic Island, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
NS
Navicore Solutions- Hammonton, NJ
212 Bellevue Ave, Hammonton · 23 miles away · Spanish
No legal help resource on our list is for Mystic Island or Ocean County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Mystic Island 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 Mystic Island?
The typical home value in Mystic Island is $321,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Ocean County it is $398,400.
How much does it cost to rent in Mystic Island?
Typical rent in Mystic Island is $1,893 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Ocean County is $2,283.
What is the FHA loan limit in Mystic Island?
Mystic Island 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 Mystic Island?
The typical homeowner in Mystic Island pays $5,009 a year, according to the U.S. Census Bureau. That is 1.56% of the home’s value; in Ocean County, the rate is 1.65%.
Where can I find free help to buy or rent in Mystic Island?
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.
