Cape May County, New Jersey Property Taxes

Name: Property Tax Bills Across Cape May County, New Jersey
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Cape May County effective property tax rate: 1.07%, slightly higher than the national median of 1.02%.
Median Cape May County home value: $477,646
Median annual Cape May County tax bill: $5,051, $2,651 higher than the national median property tax bill of $2,400.

How are property taxes in Cape May County calculated?

Property taxes in Cape May County are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Whether you live in Ocean City or another part of Cape May County, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Cape May County, New Jersey Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

1.07%

Estimate Property Tax Bill

$5,111

$4,743

Ownwell’s Cape May County Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Cape May County with just two data points. By entering your property's estimated assessed value, our calculator applies Cape May County’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Cape May County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Cape May County, New Jersey

Local government entities set tax rates, which can vary widely within a state. Each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws are involved in setting tax rates and budgets, this is the annual process in a nutshell.

Cape May County in New Jersey has an effective property tax rate of 1.07%, slightly above the national median of 1.02%. Within the county, Del Haven has the highest median tax rate at 1.78%, while Avalon boasts the lowest at 0.41%. This variation highlights the diverse tax landscape within even a single county. Compared to the national median property tax bill of $2,400, the rates in Cape May County can significantly impact property owners, depending on their location. Understanding these differences can help property owners make informed decisions about their investments and potential tax liabilities. By staying informed, property owners can better navigate the complexities of property taxes and potentially save money through appeals or exemptions.

Property Tax Rates Across Cape May County, New Jersey

Source: Ownwell

0.41%

1.10%

1.78%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Cape May County Tax Rate

1.07%

Median Effective New Jersey Tax Rate

2.82%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Cape May County, New Jersey

City	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Avalon	0.41%	0.41%	0.41%	0.41%	0.41%
Cape May	0.72%	0.72%	1.30%	1.30%	1.31%
Cape May Ch	1.37%	1.48%	1.48%	1.48%	1.48%
Cape May Court House	1.48%	1.69%	1.69%	1.69%	1.74%
Cape May Point	0.49%	0.49%	0.49%	0.49%	0.49%
Corbin City	1.61%	1.61%	1.61%	1.65%	1.68%
Del Haven	1.71%	1.78%	1.78%	1.78%	1.78%
Dennisville	1.45%	1.52%	1.52%	1.52%	1.52%
Marmora	1.61%	1.61%	1.61%	1.61%	1.61%
North Cape May	1.30%	1.30%	1.30%	1.30%	1.30%
North Wildwood	1.07%	1.07%	1.07%	1.07%	1.07%
Ocean City	0.72%	0.72%	0.72%	0.72%	0.72%
Ocean View	1.48%	1.48%	1.61%	1.61%	1.61%
Rio Grande	1.64%	1.72%	1.72%	1.72%	1.72%
Sea Isle City	0.51%	0.51%	0.51%	0.51%	0.51%
South Seaville	1.48%	1.48%	1.48%	1.48%	1.48%
Stone Harbor	0.49%	0.49%	0.49%	0.49%	0.49%
Strathmere	1.55%	1.55%	1.55%	1.55%	1.55%
Villas	1.30%	1.30%	1.30%	1.30%	1.68%
West Cape May	0.88%	0.88%	0.88%	0.88%	0.88%
West Wildwood	1.07%	1.27%	1.27%	1.27%	1.27%
Wildwood	1.06%	1.06%	1.07%	1.31%	1.93%
Woodbine	1.52%	1.54%	1.65%	1.68%	1.68%
Dennis Twp	N/A	N/A	N/A	N/A	N/A
Green Creek	N/A	N/A	N/A	N/A	N/A
South Dennis	N/A	N/A	N/A	N/A	N/A
Tuckahoe	N/A	N/A	N/A	N/A	N/A
Wildwood Crest	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Cape May County, New Jersey

When examining property taxes in Cape May County, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Cape May County Board of Taxation estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Cape May County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Cape May County. For example, the median tax bill in Cape May County is $4,739, with tax bills ranging significantly across the county. Stone Harbor has the highest median home price at $1,857,100.

Property Tax Assessment Values Across Cape May County, New Jersey

Source: Ownwell

$42,768

$949,934

$1,857,100

Median Cape May County Market Value

$477,646

Median New Jersey Market Value

$282,900

Median United States Market Value

$235,294

Property Tax Assessment Values Across Cape May County, New Jersey

City	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Avalon	$681,316	$1,078,820	$1,847,644	$3,098,488	$4,504,947
Cape May	$240,982	$292,249	$436,455	$738,143	$1,154,588
Cape May Ch	$203,256	$212,882	$231,457	$287,214	$322,955
Cape May Court House	$113,795	$225,201	$293,034	$378,900	$470,266
Cape May Point	$755,169	$874,963	$1,015,906	$1,174,264	$1,530,074
Corbin City	$39,934	$267,952	$301,072	$428,262	$516,085
Del Haven	$229,929	$239,398	$263,587	$401,230	$589,691
Dennisville	$193,157	$220,669	$268,990	$353,250	$388,038
Marmora	$95,263	$175,309	$315,664	$398,805	$517,171
North Cape May	$748,458	$783,730	$851,727	$1,097,007	$1,237,238
North Wildwood	$124,020	$249,466	$351,104	$537,135	$601,255
Ocean City	$349,339	$531,292	$749,963	$1,053,516	$1,650,364
Ocean View	$60,267	$114,132	$320,891	$408,443	$514,430
Rio Grande	$180,137	$215,330	$267,609	$297,709	$345,357
Sea Isle City	$561,004	$773,936	$1,057,514	$1,311,171	$1,831,882
South Seaville	$32,427	$36,480	$42,768	$63,162	$214,746
Stone Harbor	$632,993	$930,877	$1,857,100	$3,196,488	$4,466,452
Strathmere	$521,270	$626,850	$833,447	$1,168,726	$1,579,558
Villas	$169,455	$191,851	$228,549	$287,222	$374,521
West Cape May	$471,842	$607,001	$751,170	$936,060	$1,020,274
West Wildwood	$197,127	$240,352	$322,754	$478,718	$542,837
Wildwood	$184,064	$269,612	$399,002	$562,544	$718,736
Woodbine	$51,141	$104,430	$218,826	$317,429	$430,705
Dennis Twp	N/A	N/A	N/A	N/A	N/A
Green Creek	N/A	N/A	N/A	N/A	N/A
South Dennis	N/A	N/A	N/A	N/A	N/A
Tuckahoe	N/A	N/A	N/A	N/A	N/A
Wildwood Crest	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Cape May County, New Jersey

In Cape May County, NJ, property tax bills are calculated based on the assessed value of a home and the local tax rate. The median home price here is $477,646, which is significantly higher than the national median. With a tax bill at the 25th percentile around $3,467 and the 75th percentile reaching $7,002, homeowners in Cape May face a range of tax obligations. The tax bill at the 90th percentile is $10,533, highlighting the potential financial impact on homeowners with higher-valued properties. Strathmere holds the highest median tax bill at $12,949, indicating a substantial financial responsibility for its residents. Conversely, South Seaville has the lowest median tax bill at $641, offering relief to homeowners in that area. Compared to the national median property tax bill of $2,400, Cape May's figures suggest a higher-than-average burden on its residents. This disparity underscores the importance of understanding local property tax assessments and their implications for homeowners.

Property Tax Bills Across Cape May County, New Jersey

Source: Ownwell

$641

$6,795

$12,949

Median Cape May County Tax Bill

$5,051

Median New Jersey Tax Bill

$8,227

Median United States Tax Bill

$2,400

Property Tax Bills Across Cape May County, New Jersey

City	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Avalon	$3,042	$4,819	$8,148	$13,220	$18,737
Cape May	$3,052	$3,624	$4,756	$6,806	$9,748
Cape May Ch	$2,908	$3,130	$3,404	$4,263	$4,794
Cape May Court House	$1,941	$3,707	$4,831	$6,311	$7,830
Cape May Point	$3,734	$4,323	$5,026	$5,809	$7,590
Corbin City	$670	$4,384	$4,905	$6,884	$8,296
Del Haven	$3,991	$4,241	$4,681	$7,125	$9,305
Dennisville	$2,931	$3,333	$4,014	$5,260	$5,888
Marmora	$1,531	$2,817	$5,045	$6,392	$8,299
North Cape May	$9,748	$10,207	$11,092	$14,287	$16,113
North Wildwood	$1,322	$2,658	$3,741	$5,621	$6,611
Ocean City	$2,514	$3,822	$5,400	$7,593	$11,894
Ocean View	$942	$1,694	$5,106	$6,518	$8,247
Rio Grande	$3,066	$3,652	$4,521	$5,103	$5,843
Sea Isle City	$2,876	$3,961	$5,420	$6,724	$9,430
South Seaville	$482	$548	$641	$944	$3,238
Stone Harbor	$3,286	$5,150	$9,934	$15,824	$21,939
Strathmere	$8,099	$9,704	$12,949	$18,158	$24,542
Villas	$2,213	$2,532	$3,064	$3,910	$5,067
West Cape May	$4,694	$5,328	$6,594	$8,216	$8,956
West Wildwood	$2,818	$3,121	$4,109	$5,363	$6,874
Wildwood	$2,122	$3,474	$5,284	$6,770	$8,451
Woodbine	$854	$1,584	$3,510	$5,084	$6,978
Dennis Twp	N/A	N/A	N/A	N/A	N/A
Green Creek	N/A	N/A	N/A	N/A	N/A
South Dennis	N/A	N/A	N/A	N/A	N/A
Tuckahoe	N/A	N/A	N/A	N/A	N/A
Wildwood Crest	N/A	N/A	N/A	N/A	N/A

Source: Ownwell