Bayonne, NJ Real Estate
According to census data in the year 2000 there were 26,826 housing units in Bayonne.
This represents a 1.4% growth from 26,468 in 1990.
Of those housing units, 26,826 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bayonne is about 40%.
Bayonne's vacancy rate, including seasonal lodging, is about 4.8%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Bayonne were built after 1943.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.80% |
| One Bedroom | 21.20% |
| Two Bedrooms | 37.40% |
| Three Bedrooms | 29.60% |
| Four Bedrooms | 5.50% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $155,600 |
| Median Price asked for vacant units | $93,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $638 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 7% |
| Simple Mortgage | 47.20% |
| Debt Free | 40.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
