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Pompton Lakes, NJ Real Estate


According to census data in the year 2000 there were 4,024 housing units in Pompton Lakes. This represents a 0.8% decline from 4,056 in 1990.

Of those housing units, 4,024 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Pompton Lakes is about 77.2%. Pompton Lakes's vacancy rate, including seasonal lodging, is about 1.9%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Pompton Lakes were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom15.60%
Two Bedrooms20.20%
Three Bedrooms38.40%
Four Bedrooms20.80%
Five Bedrooms or more4.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.94
Median year structure was built1956
Median Value of occupied units$180,100
Median Price asked for vacant units$206,300

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1965
Median Monthly Rent asked for vacant units$875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage4.50%
Home Equity Loan9%
Simple Mortgage57.60%
Debt Free28.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.8%