Old Bridge, NJ Real Estate
According to census data in the year 2000 there were 7,354 housing units in Old Bridge.
This represents a 2.9% growth from 7,145 in 1990.
Of those housing units, 7,315 were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.
Homeownership rate in Old Bridge is about 88.1%.
Old Bridge's vacancy rate, including seasonal lodging, is about 0.9%.
Average household size is 3.11 people.
The majority of houses, apartments or condos in Old Bridge were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 6.90% |
| Two Bedrooms | 7.10% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 35% |
| Five Bedrooms or more | 3.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.22 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $171,200 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1967 |
| Median Monthly Rent asked for vacant units | $959 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 16.20% |
| Simple Mortgage | 55.40% |
| Debt Free | 20.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
