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Monmouth Junction, NJ Real Estate


According to census data in the year 2000 there were 799 housing units in Monmouth Junction. This represents a 47.1% growth from 543 in 1990.

Of those housing units, 799 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 Junction is about 98.1%. Average household size is 3.03 people.

The majority of houses, apartments or condos in Monmouth Junction were built after 1985.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom2.60%
Two Bedrooms25.80%
Three Bedrooms44.20%
Four Bedrooms22.90%
Five Bedrooms or more3.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1986
Median Value of occupied units$192,000

Rented Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1939

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage3.70%
Home Equity Loan10.80%
Simple Mortgage71.10%
Debt Free13.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%