Cape May Point, Cape May County, New Jersey Property Taxes
Median Cape May Point, NJ effective property tax rate: 0.49%, significantly lower than the national median of 1.02%, but lower than the New Jersey state median of 2.82%.
Median Cape May Point, NJ home value: $1,015,906
Median annual Cape May Point, NJ tax bill: $5,026, $2,626 higher than the national median property tax bill of $2,400.
How are property taxes in Cape May calculated?
Property taxes in Cape May Point, NJ 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 Cape May Point’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Cape May Point, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Cape May Point, Cape May County, New Jersey Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.49%
Estimate Property Tax Bill
$4,978
$4,619
Property Tax Rates Across Cape May Point, Cape May County, New Jersey
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 Point Tax Rate
0.49%
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 Point, Cape May County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08212 | 0.49% | 0.49% | 0.49% | 0.49% | 0.49% |
Source: Ownwell
Property Tax Assessment Values Across Cape May Point, Cape May County, New Jersey
Property Tax Assessment Values Across Cape May Point, Cape May County, New Jersey
Source: Ownwell

$42,768
$949,934
$1,857,100
Median Cape May Point Market Value
$1,015,906
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 Point, Cape May County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08212 | $755,169 | $874,963 | $1,015,906 | $1,174,264 | $1,530,074 |
Source: Ownwell
Property Tax Bills Across Cape May Point, Cape May County, New Jersey
Property Tax Bills Across Cape May Point, Cape May County, New Jersey
Source: Ownwell

$641
$6,795
$12,949
Median Cape May Point Tax Bill
$5,026
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 Point, Cape May County, New Jersey
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
08212 | $3,734 | $4,323 | $5,026 | $5,809 | $7,590 |
Source: Ownwell