Absecon, NJ Real Estate
According to census data in the year 2000 there were 2,929 housing units in Absecon.
This represents a 5.7% growth from 2,771 in 1990.
Of those housing units, 2,929 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Absecon is about 85.6%.
Absecon's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Absecon were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.30% |
| Two Bedrooms | 25.50% |
| Three Bedrooms | 53.90% |
| Four Bedrooms | 14.90% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $123,000 |
| Median Price asked for vacant units | $75,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.6 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $1,078 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 10.50% |
| Home Equity Loan | 9.40% |
| Simple Mortgage | 47.50% |
| Debt Free | 32.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
