Lake Mohawk, NJ Real Estate
According to census data in the year 2000 there were 3,940 housing units in Lake Mohawk.
This represents a 9.1% growth from 3,610 in 1990.
Of those housing units, 3,940 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lake Mohawk is about 89.1%.
Lake Mohawk's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Lake Mohawk were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.30% |
| One Bedroom | 4.70% |
| Two Bedrooms | 16.80% |
| Three Bedrooms | 41.70% |
| Four Bedrooms | 30.30% |
| Five Bedrooms or more | 4.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $208,900 |
| Median Price asked for vacant units | $237,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 15.20% |
| Simple Mortgage | 57.90% |
| Debt Free | 18.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24% |
