Home Insurance in Ship Bottom, New Jersey
The median home value in Ship Bottom is $975,800, 145% higher than the Ocean County median.
Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. The typical home in Ship Bottom was built around 1970. About 34% of homes were built before 1960, about 18 points above Ocean County's 16%.
The housing stock in Ship Bottom is 86% single-family homes and 4% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 44% of owner-occupied homes in Ship Bottom have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Ship Bottom has an owner-occupancy rate of 92% and a vacancy rate of 77%; unoccupied homes typically need a different coverage form.
88% of homes in Ship Bottom are primarily heated with natural gas.
What's the biggest home insurance risk near Ship Bottom? FEMA's National Risk Index points to strong wind (Very High) in Ocean County and Ocean County had 39,942 active NFIP flood policies as of September 2026. See the full Ocean County home insurance overview for all FEMA hazard ratings and flood coverage details.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $975,800 |
|---|---|
| Median year built | 1970 |
| Owner-occupied share | 92% |
| Share of owner-occupied homes with a mortgage | 44% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Ocean County | 39,942 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)