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Laurel Springs, NJ Real Estate


According to census data in the year 2000 there were 806 housing units in Laurel Springs. This represents a 6.2% decline from 859 in 1990.

Of those housing units, 806 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Laurel Springs is about 76.4%. Laurel Springs's vacancy rate, including seasonal lodging, is about 5.5%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Laurel Springs were built after 1947.

Statistics

Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom12.40%
Two Bedrooms19.60%
Three Bedrooms41.20%
Four Bedrooms20.60%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1944
Median Value of occupied units$110,200
Median Price asked for vacant units$106,300

Rented Homes, Apartments and Condos

Average Household Size1.96
Median year structure was built1955
Median Monthly Rent asked for vacant units$540

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.10%
Home Equity Loan7.60%
Simple Mortgage51%
Debt Free34%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%