Atlantic City, NJ Real Estate
According to census data in the year 2000 there were 20,219 housing units in Atlantic City.
This represents a 6.5% decline from 21,626 in 1990.
Of those housing units, 20,219 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Atlantic City is about 28.9%.
Atlantic City's vacancy rate, including seasonal lodging, is about 21.6%.
Average household size is 2.46 people.
The majority of houses, apartments or condos in Atlantic City were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.90% |
| One Bedroom | 34.10% |
| Two Bedrooms | 27.50% |
| Three Bedrooms | 20.10% |
| Four Bedrooms | 5.10% |
| Five Bedrooms or more | 3.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $87,500 |
| Median Price asked for vacant units | $91,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $536 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 9.10% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 47.70% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
