Long Valley, NJ Real Estate
According to census data in the year 2000 there were 684 housing units in Long Valley.
This represents a 8.9% growth from 628 in 1990.
Of those housing units, 275 were located in either urbanized areas or urban clusters, and 409 were located in what is classified as a rural area.
Homeownership rate in Long Valley is about 85.5%.
Long Valley's vacancy rate, including seasonal lodging, is about 1%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Long Valley were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 4.10% |
| Two Bedrooms | 16.80% |
| Three Bedrooms | 38.70% |
| Four Bedrooms | 33.30% |
| Five Bedrooms or more | 6% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $231,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1939 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 11.20% |
| Home Equity Loan | 14% |
| Simple Mortgage | 55.30% |
| Debt Free | 19.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
