08242 Real Estate Market Overview

Could Rio Grande, NJ 08242 be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about 08242. Not sure which neighborhood is for you? Check out our Nearby Places section below to explore popular cities near 08242 such as Cap...e May Court House and Villas. When you’re ready, Trulia has 43 resale and new homes in 08242 lined up for you, including 1 open house, and 25 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$174,000

Median Sales Price

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$97

Price Per Sqft

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$1,595

Median Rent Per Month

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Housing Market Trends

Market trends help you understand the movement of key price indicators. Trends in 08242 show a -10% year-over-year drop in median sales price and a 10% rise in median rent per month.

Median Sales Price
The median sales price for homes in 08242 for Apr 28 to Jul 27 was $174,000 based on 2 home sales.
Price Per Square Ft.
Average price per square foot for 08242 was $97, a decrease of -13% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 08242 for Aug 28 to Jul 28 was $1,595.

Crime

Most frequent crimes in the past year

08242 has very low crime relative to the rest of Cape May County.

Knowing more about crime activity in 08242 can help keep you aware of crime in the area. Crime activity is most helpful when comparing two locations to understand the relative safety of each location.

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374

Counts of Community Policing

79

Counts of Traffic

39

Counts of Emergency


Schools in 08242

School data is currently unavailable. Use the map above to find the best schools in 08242.


Demographics

Get to know your neighbors in 08242 by reviewing our census driven map. Get insights into median age, how many people are married, and percentage of people with a college degree.

Single residents
27%
Single residents
Home owners
85%
Home owners
Median age
47
Median age
Household income
$63,241
Median household income
College educated
27%
College educated

Commute

Most people in 08242 commute by car. Learn how neighbors in this area get to work so you can consider how you might commute if you lived here, too.

Commute Type
94% commute by car
0% commute by bike
2% commute by public transportation
3% commute by foot

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