West Cape May, NJ Real Estate
According to census data in the year 2000 there were 1,007 housing units in West Cape May.
This represents a 10.3% growth from 913 in 1990.
Of those housing units, 1,007 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Cape May is about 74%.
West Cape May's vacancy rate, including seasonal lodging, is about 49.7%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in West Cape May were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 8.50% |
| Two Bedrooms | 38.90% |
| Three Bedrooms | 36.30% |
| Four Bedrooms | 12.80% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.15 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $174,100 |
| Median Price asked for vacant units | $129,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.17 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 42.30% |
| Debt Free | 41% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
