Avalon, NJ Real Estate
According to census data in the year 2000 there were 5,281 housing units in Avalon.
This represents a 5.1% growth from 5,026 in 1990.
Of those housing units, 5,186 were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.
Homeownership rate in Avalon is about 87%.
Avalon's vacancy rate, including seasonal lodging, is about 80.2%.
Average household size is 2.05 people.
The majority of houses, apartments or condos in Avalon were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.40% |
| Two Bedrooms | 12.30% |
| Three Bedrooms | 39.60% |
| Four Bedrooms | 31.90% |
| Five Bedrooms or more | 14.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $443,300 |
| Median Price asked for vacant units | $500,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $1,063 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.50% |
| Home Equity Loan | 3.50% |
| Simple Mortgage | 41.10% |
| Debt Free | 48.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
