Moorestown-Lenola, NJ Real Estate
According to census data in the year 2000 there were 5,432 housing units in Moorestown-Lenola.
This represents a 3.5% growth from 5,248 in 1990.
Of those housing units, 5,432 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Moorestown-Lenola is about 78.8%.
Moorestown-Lenola's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.58 people.
The majority of houses, apartments or condos in Moorestown-Lenola were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 8.90% |
| Two Bedrooms | 18.20% |
| Three Bedrooms | 35.60% |
| Four Bedrooms | 26.70% |
| Five Bedrooms or more | 9.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $195,700 |
| Median Price asked for vacant units | $151,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.98 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $661 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 50.50% |
| Debt Free | 34.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
