New Egypt, NJ Real Estate
According to census data in the year 2000 there were 1,021 housing units in New Egypt.
This represents a 14.1% growth from 895 in 1990.
Of those housing units, 952 were located in either urbanized areas or urban clusters, and 69 were located in what is classified as a rural area.
Homeownership rate in New Egypt is about 71.5%.
New Egypt's vacancy rate, including seasonal lodging, is about 8%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in New Egypt were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13.20% |
| Two Bedrooms | 34.20% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 2.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $119,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.7 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $693 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 18% |
| Simple Mortgage | 45.80% |
| Debt Free | 25.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.8% |
