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Pennsville, NJ Real Estate


According to census data in the year 2000 there were 4,926 housing units in Pennsville. This represents a 2.1% growth from 4,826 in 1990.

Of those housing units, 4,814 were located in either urbanized areas or urban clusters, and 112 were located in what is classified as a rural area.

Homeownership rate in Pennsville is about 77%. Pennsville's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.48 people.

The majority of houses, apartments or condos in Pennsville were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.40%
Two Bedrooms25.90%
Three Bedrooms48.60%
Four Bedrooms14%
Five Bedrooms or more1.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.67
Median year structure was built1960
Median Value of occupied units$102,500
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1957
Median Monthly Rent asked for vacant units$547

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage6.60%
Home Equity Loan11.10%
Simple Mortgage43.30%
Debt Free38.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19%