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Allamuchy-Panther Valley, NJ Real Estate


According to census data in the year 2000 there were 1,458 housing units in Allamuchy-Panther Valley. This represents a 7.6% growth from 1,355 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,458 were located in what is classified as a rural area.

Homeownership rate in Allamuchy-Panther Valley is about 86.8%. Allamuchy-Panther Valley's vacancy rate, including seasonal lodging, is about 4.6%. Average household size is 2.21 people.

The majority of houses, apartments or condos in Allamuchy-Panther Valley were built after 1981.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom8%
Two Bedrooms38.30%
Three Bedrooms29.80%
Four Bedrooms20.40%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1982
Median Value of occupied units$184,300
Median Price asked for vacant units$280,800

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1978
Median Monthly Rent asked for vacant units$1,875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan11.30%
Simple Mortgage59.80%
Debt Free22.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.5%