Ocean City, NJ · New Jersey
Cape May County
ZIP 08204
95,236 residents846 permits TTM$88,046 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$395,000
ACS 5-Year
Cap rate proxy
4.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.3%
HUD FMR ÷ ACS HHI
Net migration
+1.88%
IRS SOI
Permits (TTM)
846
Census BPS
Climate risk
91.0
FEMA NRI (0–100)
ZIP 08204
Median home value
—
Gross yield
—
Buy Box score
0.0
Section 8 gap
—
Affordability
P/I: 7.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 08270 | — | — | — | 5.1% | — |
| 08251 | — | — | — | 4.2% | — |
| 08212 | — | — | — | 4.1% | — |
| 08245 | — | — | — | 4.1% | — |
| 08246 | — | — | — | 4.1% | — |
| 08247 | — | — | — | 4.1% | — |
| 08248 | — | — | — | 4.1% | — |
| 08242 | — | — | — | 3.9% | — |
| 08210 | — | — | — | 3.7% | — |
| 08260 | — | — | — | 3.6% | — |
| 08230 | — | — | — | 3.5% | — |
| 08223 | — | — | — | 3.4% | — |
| 08204 | — | — | — | 2.3% | — |
| 08226 | — | — | — | 1.5% | — |
| 08243 | — | — | — | 1.1% | — |
| 08202 | — | — | — | 0.6% | — |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
79.3%
Census ACS
Vacancy rate
55.5%
Census ACS
Bachelor's degree +
37.4%
Census ACS
Rent burdened
50.7%
Census ACS (>30% income)
Median age
51.4
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026