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Laurel Lake, NJ Real Estate


According to census data in the year 2000 there were 1,246 housing units in Laurel Lake.

Of those housing units, 1,246 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Laurel Lake is about 76.1%. Laurel Lake's vacancy rate, including seasonal lodging, is about 14%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Laurel Lake were built after 1973.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom8.90%
Two Bedrooms45.80%
Three Bedrooms40.70%
Four Bedrooms4.60%
Five Bedrooms or more0%
As % of Housing Units
       

Owned Homes, Apartments and Condos

Average Household Size2.45
Median year structure was built1972
Median Value of occupied units$58,600
Median Price asked for vacant units$45,000

Rented Homes, Apartments and Condos

Average Household Size3.3
Median year structure was built1977
Median Monthly Rent asked for vacant units$525

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.20%
Home Equity Loan1.20%
Simple Mortgage46.90%
Debt Free43.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%