Ocean Acres, NJ Real Estate
According to census data in the year 2000 there were 4,987 housing units in Ocean Acres.
This represents a 125.8% growth from 2,209 in 1990.
Of those housing units, 4,923 were located in either urbanized areas or urban clusters, and 64 were located in what is classified as a rural area.
Homeownership rate in Ocean Acres is about 94.5%.
Ocean Acres's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Ocean Acres were built after 1992.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 2.10% |
| Two Bedrooms | 16.90% |
| Three Bedrooms | 57.70% |
| Four Bedrooms | 20.20% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1992 |
| Median Value of occupied units | $130,700 |
| Median Price asked for vacant units | $125,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.56 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $617 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.40% |
| Home Equity Loan | 11.80% |
| Simple Mortgage | 55.30% |
| Debt Free | 25.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
