Interested in purchasing investment houses in the 08204 zip code in Cape May, NJ?
The zip code 08204 is in Cape May county with a latitude of -74.920060000000 and longitude of 38.973200000000, is in the state of New Jersey. The average asking price of houses and condos is $630,105.00 and the average sale price was $336,169.00. this regions is classified as the Philadelphia metro area and is in the 609 area code. The location in degrees is 38° 58' 23.52" N, 74° 55' 12.216" W. The county F.I.P.S. is 34009. This zip code contains six cities including Erma, NJ (12.83%), Cape May, NJ (11.60%), North Cape May, NJ (6.32%), West Cape May, NJ (4.96%), Villas, NJ (0.79%), and Cape May Point, NJ (0.05%) The total land area is 20.3 square miles and the water area is 3.4 square miles. The elevation in this area is 0 - 10 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 08204 is in county number 009 and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 18,706 in 2019 and 18,557 in 2010. Of this, the break down in 2019 was 18,286 urban and 419 rural. This further breaks down to 9,524 males (50.9%) and 9,182 females (49.1%). The median age of residents is 47.4 years. The population of the greater Ocean City, NJ area is 100,384. The population density (people per square mile) is 923. This zip code has a combined total of 13,706 houses and condos. There are 1,737 rented appartments. 22% of residents rent versus the 22% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $55,412 and the average salary is $41,337. The median household income of individuals is $51,684.00 and the average is $68,110.00. This zip code has a mean commute time to work of 18.4 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 47.90% (Under $50,000), 33.70% ($50,000-$100,000), and 18.40% earn over $100,000. 7.7% of residents live below poverty line versus the 9.2% in the state that are below this line. The cost of living index is 100.7. The educational breakdown is 94.8% have a high school education or higher, 33.2% have a bachelor's degree or higher, and 11.2% have some kind of profesional degree.
This area has 7,733 households and the average size is 2.3 people. Individuals who are single and have never been married are 27.8%, 53.9% are now married, 1.4% are separated, 8.4% are widowed, and 8.5% are divorced. The average yearly contribution amount given by people to charity was $2,616 versus the state average of $3,451. The percent of residents who gave to charity was 29.2%.
The estimated median value of houses and condos is $324,869. The median monthly owner costs of mortgage holders was $1,814, where as the costs for those who don't have a mortgage are $733. The median number of rooms in houses and condos are 6.6 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 1.4% which equated to an average real estate tax amount payment of $4,560. In comparision, the average real estate tax percent rate in the state is 2.4% which equated to an average real estate tax amount payment in the state of $8,432. The median housing property tax percent for residents with mortgages was 1.4% which amounted to an average tax amount of $4,581. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $4,543. Reported taxable interest for persons was $1,778, dividends $4,758, capital gains +$11,029, and itemized deductions $22,698. The average earned income tax credit is $1,882. The percent of individuals that use a tax preparer is 59.5%. The total average income taxes paid by individuals was $9,303. Businesses reported an average profit of $24,294.
Oyster Bay Steak and Seafood Restaurant
615 Lafayette St, Cape May, NJ 08204
Hemingway's Steaks & Seafood Restaurant
1045 Beach Ave, Cape May, NJ 08204
Louisa's Cafe
104 Jackson St, Cape May, NJ 08204
The Lobster House
906 Schellengers Landing Rd, Cape May, NJ 08204
The Mad Batter
19 Jackson St, Cape May, NJ 08204
Frescos Seafood Trattoria
412 Bank St, Cape May, NJ 08204
Godmothers Restaurant
413 S Broadway, Cape May, NJ 08204
Sapore Italiano
416 S Broadway, Cape May, NJ 08204
Natalie's Italian Kitchen
3305 Bayshore Rd, Cape May, NJ 08204
Cabanas Beach Bar & Grill
429 Beach Ave, Cape May, NJ 08204
The Lobster House
906 Schellenger St, Cape May, NJ 08204
Merion Inn
106 Decatur St, Cape May, NJ 08204
Aleathea's Restaurant
7 Ocean St, Cape May, NJ 08204
Union Park Dining Room
727 Beach Ave, Cape May, NJ 08204
Lucky Bones
1200 Route 109, Cape May, NJ 08204
Black Duck On Sunset
1 Sunset Blvd, Cape May, NJ 08204
Peter Shields Inn & Restaurant
1301 Beach Ave, Cape May, NJ 08204
410 Bank Street
410 Bank St, Cape May, NJ 08204
Ugly Mug Bar & Restaurant
426 Washington St, Cape May, NJ 08204
Harry's Ocean Bar and Grille
1025 Beach Ave, Cape May, NJ 08204
Fish & Fancy Takeout Seafood
2406 Bayshore Rd, Villas, NJ 08251 (3.6 miles away)
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