Mystic Island, NJ Real Estate
According to census data in the year 2000 there were 4,962 housing units in Mystic Island.
This represents a 6% growth from 4,679 in 1990.
Of those housing units, 4,853 were located in either urbanized areas or urban clusters, and 109 were located in what is classified as a rural area.
Homeownership rate in Mystic Island is about 85%.
Mystic Island's vacancy rate, including seasonal lodging, is about 29.8%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Mystic Island were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 3.10% |
| Two Bedrooms | 34.50% |
| Three Bedrooms | 54.30% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 1.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1977 |
| Median Value of occupied units | $93,000 |
| Median Price asked for vacant units | $85,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.01 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $636 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 4.40% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 46.60% |
| Debt Free | 39.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
