Español

Este sitio también está en español. Leer en español

City · 6,203 residents · Monmouth County, New Jersey

Ramtown , New Jersey

In Ramtown, a typical home is worth $487,500. Compared with all of Monmouth County, the typical home value is 20% lower, typical household income is 17% higher, and the share of households that own their home is 22 points higher.

WhatsApp

  • Typical home value

    $487,500

    20% below the county

    7% above New Jersey

    • Ramtown
    • Monmouth
    • New Jersey

  • Typical household income

    $145,663a year

    17% above the county

    41% above New Jersey

    • Ramtown
    • Monmouth
    • New Jersey

  • Households that own their home

    98%

    22 points above the county

    34 points above New Jersey

    • Ramtown
    • Monmouth
    • New Jersey

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

Ramtown is in Monmouth 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 Monmouth County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Ramtown apart

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

  1. Ramtown has the 4th highest homeownership rate of the 293 cities in New Jersey with more than 5,000 people (98%).

  2. Nearby, in Leisure Village, the typical home value is $145,800: 70% less than in Ramtown ($487,500).

  3. The typical home in Ramtown is worth $487,500, 20% less than in Monmouth County as a whole ($606,100).

  4. The typical household income in Ramtown is $145,663, 17% more than in Monmouth County as a whole ($124,845).

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

The homes here

Housing in Ramtown

What homes there are in Ramtown, 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

The detached house rules in Ramtown: 94% of homes, more than in Monmouth County (66%).

Year built

The typical home in Ramtown was built in 1986, 11 years after the typical one in Monmouth County.

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

$2,743 a month

Monmouth County: $3,070 a month

Without a mortgage

$1,085 a month

Monmouth County: $1,342 a month

Owners with a mortgage

76%

Monmouth County: 64%

Owning costs less in Ramtown: with a mortgage, the typical cost is $2,743 a month; in Monmouth County, $3,070. Without one, $1,085.

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

From 2015–2019 to 2020–2024, home values in Ramtown rose at about the same pace as in Monmouth County: 43% against 44%.

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

MeasureRamtownMonmouth CountyNew JerseyUnited States
Rental vacancy Unreliable estimate4.2%3.5%5.5%
Homeowner vacancy Unreliable estimate0.7%0.7%0.9%
More than one person per room Unreliable estimate1.9%4.0%3.4%
People per household 2.812.542.622.53
Drive alone 76%65%62%69%
Carpool Unreliable estimate8%8%9%
Public transit Unreliable estimate5%8%3%
Walk or bike Unreliable estimate2%3%3%
Work from home Unreliable estimate19%17%15%
Other means Unreliable estimate2%2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Ramtown has 2.81 people, more than in Monmouth County (2.54).

To get to work, 76% of workers in Ramtown drive alone; in Monmouth County, 65%.

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 Ramtown?

A typical home costs more than the typical income allows

We start with a typical home in Ramtown, worth $487,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 36% of the typical household income in Ramtown, which is $145,663 a year. For that payment to be 28% of income, a household would need to earn about $188,780 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Ramtown. 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 $17,063 (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

$4,405

at 7.18% · 30 years

Loan amount
$478,670
Total interest
$688,693
Paid off in
November 2056

Includes $8,233 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $3,399 a month

  • Tight

    $3,399 to $4,370 a month

  • Hard

    more than $4,370 a month

    Your payment · 36%

Compared with the typical household income in Ramtown ($145,663 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$4,405
Principal & interest$3,243
Property tax$743
Home insurance$203
FHA mortgage insurance (MIP)$216

You need at least $17,063 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

Ramtown and Monmouth County

Ramtown is in Monmouth 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).

Ramtown's own numbers

Typical home value
$487,500
Typical yearly household income
$145,663
Households that own their home
98%
Effective property tax rate
1.83%

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

Numbers for all of Monmouth 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)
+64%
Homes in a high flood-risk zone
7.4%

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 Monmouth County.

Everything about Monmouth County

Buying

Buying a home in Ramtown

A typical home in Ramtown is worth $487,500: 20% below the county and 7% above New Jersey. With the typical household income in Ramtown ($145,663 a year), a typical home costs 3.3 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.

  • Ramtown 3.3 years
  • Monmouth 4.9 years
  • New Jersey 4.4 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Monmouth County

According to FHFA’s house price index, home prices in Monmouth County rose 94% in the 10 years through 2025.

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

Period County New Jersey U.S.
Last year (2025) +6.2% +6.2% +2.9%
5 years (2020–2025) +64% +63% +47%
10 years (2015–2025) +94% +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

Ramtown next to Monmouth 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
  • Ramtown $487,500
  • Monmouth $606,100
  • New Jersey $454,400
  • United States $332,700
Typical yearly household income
  • Ramtown $145,663
  • Monmouth $124,845
  • New Jersey $103,556
  • United States $80,734
See the full table
Ramtown next to Monmouth County and New Jersey
Measure Ramtown Monmouth County New Jersey U.S.
Typical home value $487,500 $606,100 $454,400 $332,700
Typical yearly household income $145,663 $124,845 $103,556 $80,734
Households that own their home 98% 76% 64% 65%
Typical yearly property tax $8,923 $10,001 $9,590 $3,119
Effective property tax rate 1.83% 1.65% 2.11% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Monmouth 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 Ramtown

For a typical $487,500 home in Ramtown, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Ramtown's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $4,405a month

    Least cash to close
    Down payment
    $17,063
    Cash to close
    $31,688
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $216

  • Conventional, 5% down $4,315a month

    Down payment
    $24,375
    Cash to close
    $39,000
    Rate
    7.18%
    Mortgage insurance
    PMI · $232

  • Conventional, 20% down, no PMI $3,589a month

    Down payment
    $97,500
    Cash to close
    $112,125
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $4,039a month

    Down payment
    $73,125
    Cash to close
    $87,750
    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 Ramtown and for Monmouth County.

Property tax

Effective rate in Ramtown

1.83%of the home’s value each year

$8,923 a year for the typical owner in Ramtown.

  • Ramtown 1.83%
  • Monmouth 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 Monmouth County

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

Homes in the high-risk zone
7.4%
14,605
Of those, with NFIP insurance
70%
County New Jersey U.S.
Homes in the high-risk zone 7.4% 6.7% 3.5%
Of those, with NFIP insurance 70% 63% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Ramtown

The Census Bureau publishes no typical rent for Ramtown. Below are the fair market rents for Monmouth County.

HUD publishes a fair market rent for all of Monmouth 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 Monmouth 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 Ramtown

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Ramtown is in ZIP code 07731.

For 2 bedrooms it is $3,210: $927 more than the fair market rent for Monmouth County ($2,283).

  • 07731 $3,210$4,120

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Ramtown 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 Ramtown

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 are 3 HUD-approved agencies with an office in Monmouth County; 3 say they serve in Spanish.

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Ramtown

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

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

Housing counselors near Ramtown

The HUD-approved agencies closest to the center of Ramtown, 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 · 11 miles away · Spanish

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

  • Affordable Housing Alliance, Inc.

    11 White St, Eatontown · 14 miles away · Spanish

    Also serves in Czech, Polish, and Russian.

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 5 more
    (732) 389-2958

  • Navicore Solutions

    200 US Highway 9, Manalapan · 15 miles away · Spanish

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

Every agency in Monmouth County All counseling agencies in New Jersey

Help in Spanish near Ramtown

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 Ramtown

HUD’s record names them for Ramtown or Monmouth County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

11 other authorities have an office in Monmouth County: see the list Source: HUD

Cities

Other cities in Monmouth County

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

Everything about Monmouth County Housing in New Jersey
See 12 more cities in Monmouth County, with prices and rents

Every city has its own page with prices, rents and help.

Nearby cities

The cities closest to Ramtown, with the typical home value.

Neighboring counties

If Monmouth 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 Ramtown.

All guides
A father holds his baby and his young son by a white picket fence.

Questions

Housing questions about Ramtown

Short answers with the numbers for Ramtown and all of Monmouth 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 Ramtown?

The typical home value in Ramtown is $487,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Monmouth County it is $606,100.

What is the FHA loan limit in Ramtown?

Ramtown uses the FHA limit for all of Monmouth 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 Ramtown?

The typical homeowner in Ramtown pays $8,923 a year, according to the U.S. Census Bureau. That is 1.83% of the home’s value; in Monmouth County, the rate is 1.65%.

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

There are 3 HUD-approved counseling agencies with an office in Monmouth County. 3 say they serve 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).