Oak Valley, NJ Real Estate
According to census data in the year 2000 there were 1,314 housing units in Oak Valley.
This represents a 1.5% growth from 1,294 in 1990.
Of those housing units, 1,314 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Oak Valley is about 91.5%.
Oak Valley's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Oak Valley were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 3.70% |
| Two Bedrooms | 5.90% |
| Three Bedrooms | 70.20% |
| Four Bedrooms | 14.50% |
| Five Bedrooms or more | 4.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.95 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $99,000 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 13.40% |
| Home Equity Loan | 11.50% |
| Simple Mortgage | 49.10% |
| Debt Free | 25.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
