Highlands, NJ Real Estate
According to census data in the year 2000 there were 2,820 housing units in Highlands.
This represents a 2.4% decline from 2,890 in 1990.
Of those housing units, 2,820 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Highlands is about 54.9%.
Highlands's vacancy rate, including seasonal lodging, is about 13.1%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Highlands were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 32.20% |
| Two Bedrooms | 40.60% |
| Three Bedrooms | 16.20% |
| Four Bedrooms | 8.10% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $139,300 |
| Median Price asked for vacant units | $178,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $774 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.40% |
| Home Equity Loan | 5.80% |
| Simple Mortgage | 60% |
| Debt Free | 28.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.8% |
