How much are property taxes in North Cape May, NJ?

Homeowners in North Cape May, NJ pay a median of $4,089 (±$330) a year in real estate taxes (2020–2024 American Community Survey, table B25103).

Homes with a mortgage pay a median of $4,168.

Homes without a mortgage pay a median of $3,977.

That is about 1.0% of the median home value of $393,300.

In North Cape May, the median real estate tax went from $3,586 in 2015–2019 to $4,089 in 2020–2024 (+14.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median real estate taxes
$4,089 (±$330)
With a mortgage
$4,168
Without a mortgage
$3,977
Share of median value
1.0%

Real estate taxes in North Cape May against Cape May County, its state and the nation

Median real estate taxes paid a year, estimate (90% margin of error)
North Cape MayCape May CountyNew JerseyUnited States
Median real estate taxes$4,089 (±$330)$5,306 (±$135)$9,590 (±$25)$3,119
Homes with a mortgage$4,168 (±$440)$5,332 (±$187)$9,741 (±$29)$3,489
Homes without a mortgage$3,977 (±$446)$5,263 (±$219)$9,313 (±$48)$2,576
Median home value$393,300 (±$40,021)$434,600 (±$9,304)$454,400 (±$1,150)$332,700

In North Cape May, the median real estate tax is lower than in Cape May County ($5,306).

It is also lower than in New Jersey ($9,590).

It is higher than the national figure ($3,119).

In Cape May County, North Cape May ranks 10 of 11 places with a published estimate, from highest to lowest median real estate taxes.

Statewide, it ranks 230 of 248.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Taxes as a share of home value in North Cape May

The median tax ($4,089) is 1.0% of the median home value ($393,300).

Across Cape May County the same ratio is 1.2%.

Across New Jersey it is 2.1%.

This is a ratio of two medians, a rough effective rate: not the tax rate or mill rate the town, county or school district sets, and not any one home’s bill.

Owners report what they paid and what they think their home is worth; the assessor’s office publishes the actual rates and assessments.

How property taxes in North Cape May have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median real estate taxes$3,586 (±$176)$4,089 (±$330)+14.0%No measurable change after inflation
Median home value$234,500 (±$13,290)$393,300 (±$40,021)+67.7%Up after inflation
Median owner cost with a mortgage$1,667 (±$172)$2,080 (±$139)+24.8%No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median real estate taxes in places near North Cape May

Nearest places with a published estimate, compared with North Cape May
PlaceDistanceMedian real estate taxesCompared with this place
North Cape May—$4,089 (±$330)—
Villas2.6 mi$3,495 (±$225)Lower
West Cape May Borough2.7 mi$6,383 (±$289)Higher
Cape May Point Borough3.1 mi$5,303 (±$921)Higher
Erma3.3 mi$4,737 (±$380)Higher
Cape May3.9 mi$6,165 (±$1,102)Higher
Rio Grande4.7 mi$5,018 (±$823)Higher
Wildwood Crest Borough6.1 mi$5,633 (±$384)Higher
Whitesboro6.3 mi$5,148 (±$1,727)Not measurably different

Nearby places with a measurably lower figure: Villas, NJ ($3,495).

Nearby places with a measurably higher figure: West Cape May Borough, NJ ($6,383), Cape May Point Borough, NJ ($5,303), Erma, NJ ($4,737).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median real estate taxes across Cape May County, place by place

RankPlaceMedian real estate taxes
4Cape May Court House$5,645 (±$569)
5Whitesboro$5,148 (±$1,727)
6Beesleys Point$5,125 (±$3,083)
7Rio Grande$5,018 (±$823)
8South Dennis$4,832 (±$509)
9Erma$4,737 (±$380)
10North Cape May$4,089 (±$330)
11Villas$3,495 (±$225)

Showing 8 of 11 places in Cape May County, ranked from highest to lowest.

North Cape May is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

It lies inside Lower Township, whose figures include it.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in North Cape May

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for North Cape May beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near North Cape May, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near North Cape May, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about North Cape May

How much are property taxes in North Cape May?

The median real estate tax paid by homeowners in North Cape May, NJ is $4,089 (±$330) a year (2020–2024 American Community Survey).

What is the property tax rate in North Cape May?

The Census Bureau does not publish tax rates; as a rough guide, the median tax paid is 1.0% of the median home value in North Cape May, and the actual rate is set by the town, county and school district.

Have property taxes in North Cape May gone up?

In North Cape May, the median real estate tax went from $3,586 in 2015–2019 to $4,089 in 2020–2024 (+14.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Are property taxes in North Cape May higher than in Cape May County?

In North Cape May, the median real estate tax is lower than in Cape May County ($5,306).

It is also lower than in New Jersey ($9,590).

It is higher than the national figure ($3,119).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Cape May CDP, New Jersey (place:52650, in state:34).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25103_001E, B25103_001M, B25077_001E, B25077_001M, B25088_002E, B25088_002M from the 2019 release.

The API needs a free key.

Request a Census API key.

B25103_001E, B25103_001M, B25103_002E, B25103_002M, B25103_003E, B25103_003M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

Related