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Port Monmouth, NJ Real Estate


According to census data in the year 2000 there were 1,358 housing units in Port Monmouth. This represents a 6% growth from 1,281 in 1990.

Of those housing units, 1,358 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Port Monmouth is about 76%. Port Monmouth's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Port Monmouth were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom12%
Two Bedrooms26.40%
Three Bedrooms40.90%
Four Bedrooms15.20%
Five Bedrooms or more3.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1958
Median Value of occupied units$141,000
Median Price asked for vacant units$137,500

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1960
Median Monthly Rent asked for vacant units$863

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage13.10%
Home Equity Loan8.10%
Simple Mortgage53.90%
Debt Free23.90%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%