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Victory Gardens, NJ Real Estate


According to census data in the year 2000 there were 588 housing units in Victory Gardens. This represents a 8.3% growth from 543 in 1990.

Of those housing units, 588 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Victory Gardens is about 41%. Victory Gardens's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Victory Gardens were built after 1963.

Statistics

Housing Size

Housing Units by Size
Studio Type10.50%
One Bedroom35.20%
Two Bedrooms36.20%
Three Bedrooms15%
Four Bedrooms3.10%
Five Bedrooms or more0%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.38
Median year structure was built1956
Median Value of occupied units$117,100
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.99
Median year structure was built1965
Median Monthly Rent asked for vacant units$594

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan2.30%
Second Mortgage3.50%
Home Equity Loan8.20%
Simple Mortgage63.70%
Debt Free22.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs29.1%