Island Heights, NJ Real Estate
According to census data in the year 2000 there were 810 housing units in Island Heights.
This represents a 16.5% growth from 695 in 1990.
Of those housing units, 810 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Island Heights is about 86.4%.
Island Heights's vacancy rate, including seasonal lodging, is about 12.8%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Island Heights were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 4.30% |
| Two Bedrooms | 22.50% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 22% |
| Five Bedrooms or more | 7.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $167,400 |
| Median Price asked for vacant units | $170,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.78 |
| Median year structure was built | 1947 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.80% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 48.80% |
| Debt Free | 35.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.2% |
