Monmouth Beach, NJ Real Estate
According to census data in the year 2000 there were 1,969 housing units in Monmouth Beach.
This represents a 3.7% growth from 1,898 in 1990.
Of those housing units, 1,969 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Monmouth Beach is about 81.8%.
Monmouth Beach's vacancy rate, including seasonal lodging, is about 17.1%.
Average household size is 2.2 people.
The majority of houses, apartments or condos in Monmouth Beach were built after 1972.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 25.60% |
| Two Bedrooms | 27.30% |
| Three Bedrooms | 23.20% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 9.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $342,000 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.63 |
| Median year structure was built | 1973 |
| Median Monthly Rent asked for vacant units | $1,375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.60% |
| Second Mortgage | 7.60% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 54.10% |
| Debt Free | 26.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
