Ocean City Named Among Best Places To Live In NJ

OCEAN CITY, NJ — Ocean City is one of the best places to live in New Jersey, according to rankings recently released by New Jersey Monthly.

Ocean City ranked 172nd overall on New Jersey Monthly's list of Best Places to Live in New Jersey for 2019.

The 565 municipalities in New Jersey were ranked based on five categories: home values, property taxes, crime rate, school performance and a lifestyle factor — that looks at the number of acute-care hospitals and live performing-arts theaters nearby, number of restaurants, and average commute time for residents.

NJ Monthly used Leflein Associates, an independent research firm based in Ringwood, to rank the towns. However, towns with populations under 1,500 were dropped from the survey.

Here's Ocean City's data, according to NJ Monthly:

• population, 2017: 11,206
• average residential tax bill, 2018: $5,755
• average change in residential tax bill, since 2016: 6.9 percent increase
• effective property tax rate, 2018: 0.906
• 3-year average debt per capita: $1,090,050
• median home price, 2018: $520,000
• change in median home price, since 2016: 11.1 percent increase
• average days on market, 2018: 86
• crime rate per 1,000 residents, 2016: 33.3
• violent crime rate per 1,000 residents, 2016: 1.2
• NJM top high schools rank, 2018: 105

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