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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 Type1.10%
One Bedroom7.30%
Two Bedrooms12.70%
Three Bedrooms26.50%
Four Bedrooms26.70%
Five Bedrooms or more25.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1950
Median Value of occupied units$450,700
Median Price asked for vacant units$410,000

Rented Homes, Apartments and Condos

Average Household Size1.37
Median year structure was built1946
Median Monthly Rent asked for vacant units$875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.70%
Home Equity Loan11.40%
Simple Mortgage38.80%
Debt Free45.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.3%