North Cape May, NJ Real Estate
According to census data in the year 2000 there were 2,122 housing units in North Cape May.
This represents a 0.1% growth from 2,120 in 1990.
Of those housing units, 2,122 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in North Cape May is about 76%.
North Cape May's vacancy rate, including seasonal lodging, is about 26.4%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in North Cape May were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0.70% |
| Two Bedrooms | 53.30% |
| Three Bedrooms | 39.30% |
| Four Bedrooms | 5.80% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.26 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $92,700 |
| Median Price asked for vacant units | $80,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1967 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 7.90% |
| Simple Mortgage | 45.70% |
| Debt Free | 40.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
