Port Elizabeth, NJ
Full City Profile · New Jersey · Cape May County County
2.5
/5.0
C+
Fair
303
Population
202/sq mi density
$236,600
Home Value
$247,862 Zillow
54°F
Avg Temperature
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Education
2.5 / 5.0
18.8% bachelor's degree or higher
Housing Overview
Median Home Value
$236,600
16% below
US avg: $281,900
Homeownership Rate
58.9%
10% below US avg (65.4%)
Total Housing Units
96
Median year built: 1955
Home Value by Source
Census Median
$236,600
Zillow (ZHVI)
$247,862
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
58.9%
Owner-Occupied
41.1%
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
Affordability & Housing Stock
Rent Burden
35.5%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1955
Average age of housing stock: 71 years
Homeownership Rate
58.9%
Complete Housing Data
Home Values
| Census Median Value | $236,600 |
| Zillow Home Value (ZHVI) | $247,862 |
Rent
| 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
Ownership & Stock
| Owner-Occupied | 58.9% |
| Renter-Occupied | 41.1% |
| Homeownership Rate | 58.9% |
| Total Housing Units | 96 |
| Median Year Built | 1955 |
| Rent Burden | 35.5% |