Bay Head, NJ Real Estate
According to census data in the year 2000 there were 1,060 housing units in Bay Head.
This represents a 5.9% growth from 1,001 in 1990.
Of those housing units, 1,060 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bay Head is about 83.2%.
Bay Head's vacancy rate, including seasonal lodging, is about 44%.
Average household size is 2.18 people.
The majority of houses, apartments or condos in Bay Head were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 7.30% |
| Two Bedrooms | 12.70% |
| Three Bedrooms | 26.50% |
| Four Bedrooms | 26.70% |
| Five Bedrooms or more | 25.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1950 |
| Median Value of occupied units | $450,700 |
| Median Price asked for vacant units | $410,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.37 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $875 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.70% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 38.80% |
| Debt Free | 45.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
