Cape May Point, NJ Real Estate
According to census data in the year 2000 there were 498 housing units in Cape May Point.
This represents a 13.8% decline from 578 in 1990.
Of those housing units, 498 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cape May Point is about 93.2%.
Cape May Point's vacancy rate, including seasonal lodging, is about 73.5%.
Average household size is 1.8 people.
The majority of houses, apartments or condos in Cape May Point were built after 1963.
|Housing Units by Size|
|Five Bedrooms or more||5.40%|
Owned Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1963|
|Median Value of occupied units||$301,400|
|Median Price asked for vacant units||$350,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.89|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$513|
Owners Finance Status
|Second Mortgage & Equity Loan||1.70%|
|Home Equity Loan||0%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.9%|