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North Cape May, NJ
Full City Profile · New Jersey · Cape May County County
3.7
/5.0
B+
Good
3,577
Population
1,780/sq mi density
$82,198
Median Income
$49,518 per capita
$323,900
Home Value
$385,472 Zillow
$1,331
Median Rent
21.7% income on rent
56°F
Avg Temperature
293 sunny days/yr
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$82,198 median income, 3.3% unemployment
A
Affordability
4.5 / 5.0
$323,900 home value, $1,331/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.3 / 5.0
29.2% bachelor's degree or higher
Housing Overview
Median Home Value
$323,900
15% above
US avg: $281,900
Median Rent
$1,331/mo
14% above
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
2,947
Median year built: 1966
Home Value by Source
Census Median
$323,900
Zillow (ZHVI)
$385,472
Median Sale Price
$827,500
Median List Price
$560,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.6%
Owner-Occupied
22.4%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent:
$1,331/mo
Market Indicators (Redfin)
Median Days on Market
121 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$558
Active Inventory
7
homes for sale
Affordability & Housing Stock
Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
77.6%
Complete Housing Data
Home Values
| Census Median Value | $323,900 |
| Zillow Home Value (ZHVI) | $385,472 |
| Median Sale Price | $827,500 |
| Median List Price | $560,000 |
| Price Per Sq Ft | $558 |
Rent
| Census Median Rent | $1,331 |
| FMR Studio | $1,599 |
| FMR 1-Bedroom | $1,759 |
| FMR 2-Bedroom | $2,132 |
| FMR 3-Bedroom | $2,658 |
| FMR 4-Bedroom | $3,005 |
Market
| Days on Market | 121 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 6 |
| Active Inventory | 7 |
| Price Per Sq Ft | $558 |
Ownership & Stock
| Owner-Occupied | 77.6% |
| Renter-Occupied | 22.4% |
| Homeownership Rate | 77.6% |
| Total Housing Units | 2,947 |
| Median Year Built | 1966 |
| Rent Burden | 21.7% |