Pine Beach was incorporated as a borough by an Act of the New Jersey Legislature on February 26, 1925, from portions of Berkeley Township.
As of the census of 2000, there were 1,950 people, 767 households, and 558 families residing in the borough. The population density was 3,130.3 people per square mile (1,214.4/km²). There were 872 housing units at an average density of 1,399.8/sq mi (543.0/km²). The racial makeup of the borough was 98.41% White, 0.26% African American, 0.05% Native American, 0.62% Asian, 0.21% from other races, and 0.46% from two or more races. Hispanic or Latino of any race were 2.36% of the population.
There were 767 households out of which 30.4% had children under the age of 18 living with them, 61.8% were married couples living together, 8.1% had a female householder with no husband present, and 27.2% were non-families. 22.4% of all households were made up of individuals and 12.1% had someone living alone who was 65 years of age or older. The average household size was 2.54 and the average family size was 3.01.
In the borough the population was spread out with 22.7% under the age of 18, 5.7% from 18 to 24, 27.2% from 25 to 44, 27.1% from 45 to 64, and 17.3% who were 65 years of age or older. The median age was 42 years. For every 100 females there were 93.1 males. For every 100 females age 18 and over, there were 87.7 males.
The median income for a household in the borough was $57,366, and the median income for a family was $67,404. Males had a median income of $50,256 versus $34,038 for females. The per capita income for the borough was $26,487. About 2.5% of families and 3.5% of the population were below the poverty line, including 5.0% of those under age 18 and 3.0% of those age 65 or over.