City

CAPE MAY, NJ

Ocean City, NJ

Median home value: $692K (+2.4% YoY). Part of Ocean City, NJ.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Ocean City, NJ metro page.

Home Value$692,224
+2.4%
AFFORDABILITY

Enter your income for Cape May.

$138,445 on $692,224
Out of reach — 77.8% of income

Need $208,371/yr to afford.

PITI$4,862
P/I77.8%
Afford$249K
Gap-$443K
P&I $3,320Tax $1,425Ins $117
6.00% 30yr, 20% down, county tax + NJ ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Cape May Housing Market | CrashWatch