Highland Lake, NJ Real Estate
According to census data in the year 2000 there were 2,295 housing units in Highland Lake.
This represents a 1.7% growth from 2,256 in 1990.
Of those housing units, 2,249 were located in either urbanized areas or urban clusters, and 46 were located in what is classified as a rural area.
Homeownership rate in Highland Lake is about 88.7%.
Highland Lake's vacancy rate, including seasonal lodging, is about 20.9%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in Highland Lake were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 4.10% |
| Two Bedrooms | 39.60% |
| Three Bedrooms | 44.70% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $135,400 |
| Median Price asked for vacant units | $114,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.21 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $756 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.90% |
| Home Equity Loan | 6.60% |
| Simple Mortgage | 69.20% |
| Debt Free | 16.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.5% |
