Cape May Point, Cape May County, NJ

Median Home Price Price

$1,402,007 $1.4M

Median Monthly Rent Rent

$2,001 $2K

59.0x

Market Snapshot

Cape May Point, Cape May County, NJ is a city market with a median home price of $1,402,007, a median monthly rent of $2,001, a GRM of 59.0x, and a price-to-rent ratio of 58.4.

Comparable Markets

Use related city markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Strathmere Explore deeper
$1.49M $2.0K 61.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Brigantine, Atlantic County, NJ
$670K $1.9K 29.0x
New Milford, Bergen County, NJ Explore deeper
$666K $2.2K 25.0x
Hainesport Township, Burlington County, NJ Explore deeper
$504K $1.7K 24.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Greenport, Suffolk County, NY
$926K $2.6K 30.0x
Kiawah Island, Charleston County, SC Explore deeper
$1.98M $1.8K 93.0x
Wadmalaw Island, Charleston County, SC
$663K $1.8K 30.0x

Home prices

Monthly rent

GRM = home price / annual rent

Cape May Point

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Benchmark comparison

Compare Cape May Point, NJ to another market.

Compare to Strathmere, NJ
Cape May Point, NJ
Strathmere, NJ
Delta
Median rent
$2,001
N/A
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Median price
$1,402,007
N/A
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YoY change
+$102
N/A
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Price-to-rent
58.4x
Data unavailable
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Key takeaways

  • Cape May Point, Cape May County, NJ has a higher-grm screening profile: At 59.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $102 year over year.
  • Next discovery step: compare Strathmere, Cape May County, NJ from the Same county set.