Housing & Real Estate — Cape May, New Jersey
Overview
| Total Housing Units | 3,898 |
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| Occupied | 1,369 |
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| Vacant | 2,529 |
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| Owner-Occupied | 862 |
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| Renter-Occupied | 507 |
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| Median Home Value (Census) | $863,900 |
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| Estimated 2026 | ~$966,000 |
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| Median Rent | $1,013/mo |
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| Median Property Tax | $6,165/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | very expensive |
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| Rent as % of Income | 19.4% |
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| Severely Rent-Burdened | 23.4% |
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Housing Age
| Built 2010 or later | 153 |
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| Built 2000-2009 | 173 |
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| Built 1990-1999 | 227 |
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| Built before 1960 | 1,438 |
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| Median Year Built | 1972 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
