HousingHandbookReference data

U.S. ZIP Code · NJ08204

Cape May County · Atlantic City-Hammonton, NJ

Typical home value

$714,749[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+7.6%
10-year / yr
+7.6%

Relative price

vs U.S.
+151.6%
vs metro
+68.9%
vs state
+25.5%
ZIP 08204 location in NJ
Location of ZIP 08204 in NJ

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 08204 is worth $714,749 — 68.9% above the Atlantic City-Hammonton, NJ median. Over the past year, values have risen 4.3%. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.0%[3]
Typical annual tax
$6,921[3]

#Climate risk

FEMA National Risk Index ratings for Cape May County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very High
Wildfire
Relatively Low
Drought
Relatively Low
Heat wave
Relatively Moderate
Hurricane
Relatively Moderate
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
16,573[3]
Median household income
$82,466[3]

#Migration

Household moves in and out of Cape May County over a year, from IRS tax-return data.

Net migration
-95[5]
Moved in
2,617
Moved out
2,712

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
4
Middle
2
High
1
  • Lower Cape May Regional High School

    High · Grades 9–12 · Lower Cape May Regional School District

    723 students

  • Carl T. Mitnick School

    Elementary · Grades 1–2 · Lower Township Elementary School District

    453 students

  • Richard M. Teitelman Middle School

    Middle · Grades 7–8 · Lower Cape May Regional School District

    404 students

  • Maud Abrams School

    Elementary · Grades 3–4 · Lower Township Elementary School District

    361 students

  • Sandman Consolidated School

    Middle · Grades 5–6 · Lower Township Elementary School District

    334 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,614
Loan principal$571,799
Down payment$142,950
Total interest paid$729,298

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,788
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
36th percentile[1]
Rental yield
[2]
Property tax
21st percentile[3]

Frequently asked

How much is a home worth in ZIP code 08204?
The typical home in 08204 is worth $714,749, based on the Zillow Home Value Index.
Are home values rising in 08204?
Home values in 08204 are up 4.3% over the past year, and up 7.6% a year over five years.
What is the property tax rate in 08204?
The effective property tax rate in 08204 is 1.0% — roughly $6,921 a year on a typical home.
Who lives in 08204?
ZIP code 08204 has a population of 16,573 and a median household income of $82,466.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Brigantine, NJ

    Typical home
    $702,281
    Gross yield
  • North Wildwood, NJ

    Typical home
    $643,460
    Gross yield
  • Ventnor City, NJ

    Typical home
    $622,103
    Gross yield
    7.5%
  • Beesleys Point CDP, NJ

    Typical home
    $495,248
    Gross yield
  • Linwood, NJ

    Typical home
    $480,658
    Gross yield
  • Seaville CDP, NJ

    Typical home
    $475,998
    Gross yield

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