Alloway, NJ Real Estate
According to census data in the year 2000 there were 396 housing units in Alloway.
This represents a 20.5% decline from 498 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 396 were located in what is classified as a rural area.
Homeownership rate in Alloway is about 87.5%.
Alloway's vacancy rate, including seasonal lodging, is about 7.1%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Alloway were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.80% |
| Two Bedrooms | 13.10% |
| Three Bedrooms | 52.50% |
| Four Bedrooms | 23.20% |
| Five Bedrooms or more | 9.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $122,700 |
| Median Price asked for vacant units | $110,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.02 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 12.20% |
| Home Equity Loan | 7% |
| Simple Mortgage | 45.60% |
| Debt Free | 33.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
