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Allentown, NJ Real Estate


According to census data in the year 2000 there were 718 housing units in Allentown. This represents a 5.6% growth from 680 in 1990.

Of those housing units, 718 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Allentown is about 77.3%. Allentown's vacancy rate, including seasonal lodging, is about 1.4%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Allentown were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom10.30%
Two Bedrooms17.10%
Three Bedrooms40.10%
Four Bedrooms26.90%
Five Bedrooms or more4.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.84
Median year structure was built1958
Median Value of occupied units$167,100
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1946
Median Monthly Rent asked for vacant units$733

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.30%
Home Equity Loan7.70%
Simple Mortgage60.20%
Debt Free23.70%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%