South Belmar, NJ Real Estate
According to census data in the year 2000 there were 1,107 housing units in South Belmar.
This represents a 3.4% growth from 1,071 in 1990.
Of those housing units, 1,107 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Belmar is about 60.3%.
South Belmar's vacancy rate, including seasonal lodging, is about 25.6%.
Average household size is 2.19 people.
The majority of houses, apartments or condos in South Belmar were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 17.50% |
| Two Bedrooms | 39.70% |
| Three Bedrooms | 31.20% |
| Four Bedrooms | 9.60% |
| Five Bedrooms or more | 1% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.25 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $124,300 |
| Median Price asked for vacant units | $88,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $688 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 8% |
| Home Equity Loan | 8.50% |
| Simple Mortgage | 50.70% |
| Debt Free | 32.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
