The 2026 FHA loan limit in Cape May County, New Jersey is $730,250 for a one-unit home ($934,850 two-unit, $1,130,000 three-unit, $1,404,350 four-unit). With 3.5% down, that supports a purchase price of about $756,736.
$635,000median sale price HUD used
2026 limits by property size
| Units | FHA limit | Conforming / VA |
|---|---|---|
| 1 unit | $730,250 | $832,750 |
| 2 units | $934,850 | $1,066,250 |
| 3 units | $1,130,000 | $1,288,800 |
| 4 units | $1,404,350 | $1,601,750 |
vs national floor and ceiling
HUD sets FHA limits at 115% of the area median sale price, kept between the floor and the ceiling.
What an FHA loan costs here
| Home price | 3.5% down | Loan | Monthly P&I |
|---|---|---|---|
| $200,000 | $7,000 | $193,000 | $1,336 |
| $300,000 | $10,500 | $289,500 | $2,004 |
| $400,000 | $14,000 | $386,000 | $2,673 |
| $756,735 | $26,486 | $730,249 | $5,056 |
Add the FHA upfront premium (1.75%), annual MIP, property tax and insurance.
VA loans in Cape May County
Veterans with full VA entitlement have no VA loan limit. Lenders size the loan by income and appraisal, not by county. With reduced entitlement (for example, an active VA loan), the 2026 county limit of $832,750 (the FHFA conforming limit) sets how much you can borrow with no down payment.
Related
- New Jersey FHA limits by countyall counties
- USDA income limits, Cape May County0% down rural loans
- Cape May County property tax1.22% effective
- Conforming loan limit$832,750
- Mortgage rates in New Jerseythis week
Sources: HUD FHA forward mortgage limits CY2026 (CHUMS file, case numbers assigned on or after Jan 1, 2026); FHFA 2026 conforming loan limits; Freddie Mac PMMS 30-year average 7.40% (week of 2026-10-15) for payment examples, which cover principal and interest only, before FHA mortgage insurance, taxes and insurance. Not lending advice.
Major Cities & Counties in New Jersey
Largest by population (Census ACS 2020–2024). Property tax for each:
- Newark pop. 310,178
- Jersey City pop. 294,078
- Paterson pop. 158,735
- Elizabeth pop. 137,302
- Toms River pop. 94,956
- Trenton pop. 90,338
- Clifton pop. 89,379
- Bayonne pop. 71,553
- Camden pop. 71,496
- East Orange pop. 70,090
- Bergen County pop. 962,316
- Middlesex County pop. 871,290
- Essex County pop. 863,002
- Hudson County pop. 718,323
- Ocean County pop. 654,362
- Monmouth County pop. 645,353
- Union County pop. 579,290
- Camden County pop. 527,257
- Passaic County pop. 521,012
- Morris County pop. 514,528
Frequently asked questions
What is the FHA loan limit in Cape May County for 2026?
The 2026 FHA loan limit in Cape May County, New Jersey is $730,250 for a one-unit home ($934,850 two-unit, $1,130,000 three-unit, $1,404,350 four-unit). With 3.5% down, that supports a purchase price of about $756,736.
What is the max FHA loan for a duplex in Cape May County?
$934,850 for a two-unit property in 2026. A triplex is $1,130,000 and a fourplex is $1,404,350.
What is the VA loan limit in Cape May County?
No limit with full entitlement. With reduced entitlement, the 2026 county limit is $832,750.
How much down payment do I need for an FHA loan?
3.5% with a credit score of 580 or higher, or 10% with a score of 500–579.