Long Branch, NJ Real Estate
According to census data in the year 2000 there were 13,983 housing units in Long Branch.
This represents a 2.6% growth from 13,632 in 1990.
Of those housing units, 13,983 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Long Branch is about 42.4%.
Long Branch's vacancy rate, including seasonal lodging, is about 9.9%.
Average household size is 2.47 people.
The majority of houses, apartments or condos in Long Branch were built after 1956.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 3.50% |
| One Bedroom | 27.40% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 23.60% |
| Four Bedrooms | 8.80% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.69 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $135,300 |
| Median Price asked for vacant units | $205,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.31 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $671 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 7% |
| Simple Mortgage | 54.60% |
| Debt Free | 28.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.5% |
