Home Insurance in North Wildwood, New Jersey
The median home value in North Wildwood is $459,900, 6% higher than the Cape May County median.
The typical home in North Wildwood was built around 1973. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 37% of homes were built before 1960, about 11 points above Cape May County's 25%.
Housing in North Wildwood breaks down to 81% single-family homes and 11% apartments in buildings with 5+ units.
About 61% of owner-occupied homes in North Wildwood have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
North Wildwood has an owner-occupancy rate of 84% and a vacancy rate of 77%; unoccupied homes typically need a different coverage form.
Most homes in North Wildwood - 82% - are primarily heated with natural gas.
FEMA rates Cape May County's overall risk as Relatively Moderate, led by coastal flooding (Very High). Cape May County had 47,361 active NFIP flood policies as of September 2026. See the full Cape May County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In New Jersey, the statewide average premium for a standard HO-3 homeowners policy is $1,551 per year (NAIC, 2023 data).
Key figures
| Median home value | $459,900 |
|---|---|
| Median year built | 1973 |
| Owner-occupied share | 84% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Cape May County | 47,361 |
| Home insurance premium | $1,551 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)