Pitman, NJ Real Estate
According to census data in the year 2000 there were 3,653 housing units in Pitman.
This represents a 3.6% growth from 3,526 in 1990.
Of those housing units, 3,653 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pitman is about 74.5%.
Pitman's vacancy rate, including seasonal lodging, is about 4.9%.
Average household size is 2.6 people.
The majority of houses, apartments or condos in Pitman were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.70% |
| One Bedroom | 11.60% |
| Two Bedrooms | 24.10% |
| Three Bedrooms | 44.30% |
| Four Bedrooms | 16.20% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1945 |
| Median Value of occupied units | $118,500 |
| Median Price asked for vacant units | $97,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1945 |
| Median Monthly Rent asked for vacant units | $665 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 49% |
| Debt Free | 30.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
