NJShore Guide

08204 vs 07712

Cape May vs Asbury Park Real Estate

Side-by-Side Comparison

MetricCape May (08204)Asbury Park (07712)Better For
Median Price$1.1M$921Kβœ“Affordability
YoY Price Change+28.3%+12.6%βœ“Buyers (cooling)
Active Listings8292βœ“More Options
Days on Market46 daysβœ“38 daysNegotiation
CountyCape May CountyMonmouth County

24-Month Price Trends

Cape May (08204)

$752K$843K$934K$1.0M$1.1MMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $1.1M

Asbury Park (07712)

$721K$790K$859K$928K$997KMay '24Sep '24Jan '25May '25Sep '25Jan '26Apr '26
Median List Price
Latest: $921K

What Does the Price Difference Mean?

Asbury Park is 16% More Affordable

You could save approximately $179K compared to Cape May.

Estimated monthly savings: ~$1,046/month on mortgage

Cape May Premium

Higher prices often reflect proximity to beaches, walkability, school districts, or historical charm. Consider what matters most to you.

Experience Both Neighborhoods

Rent a vacation home to get a feel for the area before making your decision.

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