Loan Limits / New Jersey / Cape May County
2026 Loan Limits · New Jersey · ATLANTIC CITY-HAMMONTON, NJ
Cape May County, NJ.
2026 conforming and FHA loan limits, calibrated to a median sales price of $635,000.
Median Sales Price
$635,000
Per HUD CHUMS, 2026
Conforming 1u Limit
$832,750
Standard conforming
FHA 1u Limit
$730,250
Mid-tier
Jumbo Threshold
> $832,750
1-unit · loans above this are jumbo
Conforming (Fannie / Freddie)
Standard conforming| 1-unit (single-family) | $832,750 |
| 2-unit (duplex) | $1,066,250 |
| 3-unit (triplex) | $1,288,800 |
| 4-unit (fourplex) | $1,601,750 |
FHA Forward (203b)
Mid-tier| 1-unit (single-family) | $730,250 |
| 2-unit (duplex) | $934,850 |
| 3-unit (triplex) | $1,130,000 |
| 4-unit (fourplex) | $1,404,350 |
About this county
About Cape May County
Cape May County is the southernmost county in the U.S. state of New Jersey. Much of the county is located on the Cape May peninsula, bound by the Delaware Bay to its west and the Atlantic Ocean to its south and east. Adjacent to the Atlantic coastline are five barrier islands that have been built up as seaside resorts. A consistently popular summer destination with 30 miles (48 km) of beaches, Cape May County attracts vacationers from New Jersey and surrounding states, with the summer population exceeding 750,000. An estimated 11.6 million visitors in 2023 generated annual tourism spending of $7.7 billion, making it the county's single largest industry. The associated leisure and hospitality industries are Cape May's largest employers. Its county seat is the Cape May Court House section of Middle Township. The county is part of both the Jersey Shore and South Jersey regions of the state. Read more on Wikipedia →
Population
95,236
U.S. Census ACS 2023
Median Household Income
$88,046
U.S. Census ACS 2023
Median Home Value (Census)
$395,000
Owner-occupied · ACS 2023
Owner-Occupancy Rate
79%
Of occupied housing
What these limits mean for buyers in Cape May County
The 2026 conforming 1-unit limit for Cape May County is $832,750. Loans at or below this amount can be sold by the originating lender to Fannie Mae or Freddie Mac, which keeps pricing tight and underwriting consistent. Cape May County uses the standard national conforming baseline.
For FHA financing, the 2026 1-unit limit is $730,250. The HUD CHUMS table pegs the median sales price for Cape May County at $635,000. Cape May County is in HUD's FHA high-cost tier — its limit sits between the national floor of $541,287 and the ceiling of $1,249,125, calculated as 115% of the area median.
Practical takeaway. The median sales price in Cape May County ($635,000) is below both limits — FHA, conventional, and VA financing all cover median-priced purchases here. Choice between programs comes down to credit, down payment, and overlay differences.
How the limits are set
Conforming limits come from the Federal Housing Finance Agency (FHFA), which adjusts them each year based on changes in the FHFA Housing Price Index. FHA limits come from HUD: the national floor is $541,287 (65% of conforming baseline), the ceiling is $1,249,125 (150% of conforming baseline), and counties between are calculated as 115% of the area median sales price.
Multi-unit and house-hacking math
Cape May County 2-, 3-, and 4-unit conforming limits are $1,066,250, $1,288,800, and $1,601,750 respectively. If you're house-hacking — owner-occupying one unit of a 2-4 unit property — these are the limits that matter, and the rental income on the other units can be used to qualify. FHA and VA both finance owner-occupied 2-4 unit properties at their own multi-unit limits.
Limits effective 2026 per HUD CHUMS publication. Sourced GSE and FHA files. Generated 2026-04-26.
Buying in Cape May County?
We'll structure the loan against the right limit and the right program. Conforming, FHA, VA, jumbo — all in-house.