Waretown, NJ Real Estate
According to census data in the year 2000 there were 823 housing units in Waretown.
This represents a 9.3% growth from 753 in 1990.
Of those housing units, 817 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.
Homeownership rate in Waretown is about 81.3%.
Waretown's vacancy rate, including seasonal lodging, is about 18.2%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Waretown were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 5.50% |
| Two Bedrooms | 35.50% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 8.30% |
| Five Bedrooms or more | 1.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $109,400 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.60% |
| Second Mortgage | 14.60% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 42.70% |
| Debt Free | 39.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.6% |
