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Avenel, NJ Real Estate


According to census data in the year 2000 there were 5,353 housing units in Avenel. This represents a 6.2% growth from 5,041 in 1990.

Of those housing units, 5,353 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Avenel is about 54.4%. Avenel's vacancy rate, including seasonal lodging, is about 2.2%. Average household size is 2.73 people.

The majority of houses, apartments or condos in Avenel were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type4.20%
One Bedroom23.70%
Two Bedrooms33%
Three Bedrooms27.10%
Four Bedrooms9.20%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1958
Median Value of occupied units$142,600
Median Price asked for vacant units$146,700

Rented Homes, Apartments and Condos

Average Household Size2.76
Median year structure was built1971
Median Monthly Rent asked for vacant units$872

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.10%
Home Equity Loan8.70%
Simple Mortgage51.70%
Debt Free32.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%