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 41 resale and new homes in 08242 lined up for you, including open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. View more

$157,450

Median Sales Price

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$105

Price Per Sqft

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$1,487

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 5% year-over-year rise in median sales price and a 0% rise in median rent per month.

Median Sales Price
The median sales price for homes in 08242 for May 17 to Aug 16 was $157,450 based on 12 home sales.
Price Per Square Ft.
Average price per square foot for 08242 was $105, a decrease of -4% compared to the same period last year.
Median Rent Per Month
The median rent per month for apartments in 08242 for to Aug 10 was $1,487.

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 and around 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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161

Counts of Theft

41

Counts of Arson

31

Counts of Assault


Best Schools in 08242

There are 9 schools in 08242.

Elementary Schools
6

Sandman Consolidated Elementary School

Public, 5-6

5

Middle Twp Elementary 2

Public, 3-5

5

Maud Abrams School

Public, 3-4

Middle Schools
2

Middle Township #4 Middle School

Public, 6-8

2

Richard M Teitelman School

Public, 7-8

High Schools
3

Middle Twp High School

Public, 9-12

3

Lower Cape May Reg High School

Public, 9-12


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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