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Cape May County, NJ
Cape May County, New Jersey. Pinelands restrictions keep supply extremely tight.
Median $/acre
$39,771/ac
12-month change
+0.6%
Sales (12 mo)
41
Median days on market
76 d
Monthly absorption
10.1%
Median price per acre · 36 months
Recorded sales volume · monthly
Price per acre by tract size
| 0–5 ac | 68 listed | $39,787/ac |
| 5–20 ac | 27 listed | $34,250/ac |
| 20–50 ac | 11 listed | $28,998/ac |
| 50–100 ac | 3 listed | $26,861/ac |
| 100+ ac | 17 listed | $22,544/ac |
Most recent recorded sales
| NJ-810053 | 0.3 ac | $15,600 | $51,850/ac | Recreational buyer |
| NJ-336740 | 26.4 ac | $1.17M | $44,435/ac | Investor |
| NJ-299156 | 151.9 ac | $4.07M | $26,775/ac | Owner occupant |
| NJ-673642 | 2.8 ac | $71,500 | $25,520/ac | 1031 exchange |
| NJ-104960 | 7.3 ac | $185,200 | $25,478/ac | Owner occupant |
| NJ-102110 | 0.9 ac | $43,000 | $46,708/ac | Builder |
| NJ-765140 | 8.3 ac | $560,500 | $67,696/ac | Recreational buyer |
| NJ-231302 | 0.5 ac | $20,100 | $39,433/ac | 1031 exchange |