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Wildwood, NJ Real Estate


According to census data in the year 2000 there were 6,527 housing units in Wildwood. This represents a 4.1% growth from 6,269 in 1990.

Of those housing units, 6,527 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wildwood is about 40.4%. Wildwood's vacancy rate, including seasonal lodging, is about 63.8%. Average household size is 2.31 people.

The majority of houses, apartments or condos in Wildwood were built after 1950.

Statistics

Housing Size

Housing Units by Size
Studio Type3.90%
One Bedroom22.20%
Two Bedrooms37.30%
Three Bedrooms20.80%
Four Bedrooms7%
Five Bedrooms or more8.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1942
Median Value of occupied units$84,000
Median Price asked for vacant units$56,200

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1955
Median Monthly Rent asked for vacant units$543

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.90%
Home Equity Loan5.70%
Simple Mortgage43.40%
Debt Free39.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs24.5%