Gibbstown, NJ Real Estate
According to census data in the year 2000 there were 1,504 housing units in Gibbstown.
This represents a 4.1% growth from 1,445 in 1990.
Of those housing units, 1,484 were located in either urbanized areas or urban clusters, and 20 were located in what is classified as a rural area.
Homeownership rate in Gibbstown is about 84.2%.
Gibbstown's vacancy rate, including seasonal lodging, is about 3.9%.
Average household size is 2.59 people.
The majority of houses, apartments or condos in Gibbstown were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.70% |
| Two Bedrooms | 16% |
| Three Bedrooms | 56.80% |
| Four Bedrooms | 19.50% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $113,400 |
| Median Price asked for vacant units | $73,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.76 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $525 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 49.80% |
| Debt Free | 38.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
