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Sussex, NJ Real Estate


According to census data in the year 2000 there were 961 housing units in Sussex. This represents a 0.1% decline from 962 in 1990.

Of those housing units, 961 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Sussex is about 38%. Sussex's vacancy rate, including seasonal lodging, is about 6%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Sussex were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type4.90%
One Bedroom28%
Two Bedrooms26.80%
Three Bedrooms26.30%
Four Bedrooms13%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1940
Median Value of occupied units$122,500
Median Price asked for vacant units$91,000

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1954
Median Monthly Rent asked for vacant units$675

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.40%
Home Equity Loan9.90%
Simple Mortgage47.20%
Debt Free37.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%