Presidential Lakes Estates, NJ Real Estate
According to census data in the year 2000 there were 784 housing units in Presidential Lakes Estates.
This represents a 10.6% growth from 709 in 1990.
Of those housing units, 784 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Presidential Lakes Estates is about 95.7%.
Presidential Lakes Estates's vacancy rate, including seasonal lodging, is about 4.2%.
Average household size is 3.21 people.
The majority of houses, apartments or condos in Presidential Lakes Estates were built after 1973.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.70% |
| Two Bedrooms | 6% |
| Three Bedrooms | 55.10% |
| Four Bedrooms | 34.90% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.19 |
| Median year structure was built | 1973 |
| Median Value of occupied units | $103,400 |
| Median Price asked for vacant units | $110,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.59 |
| Median year structure was built | 1977 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 11.50% |
| Home Equity Loan | 9% |
| Simple Mortgage | 65.80% |
| Debt Free | 11.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
