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Lincoln Park, NJ Real Estate


According to census data in the year 2000 there were 4,110 housing units in Lincoln Park. This represents a 2.2% growth from 4,020 in 1990.

Of those housing units, 4,110 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lincoln Park is about 76%. Lincoln Park's vacancy rate, including seasonal lodging, is about 2%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Lincoln Park were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom17.20%
Two Bedrooms31.60%
Three Bedrooms30.10%
Four Bedrooms17.10%
Five Bedrooms or more3.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1966
Median Value of occupied units$194,300
Median Price asked for vacant units$133,900

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1967
Median Monthly Rent asked for vacant units$918

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage8.80%
Home Equity Loan13.50%
Simple Mortgage52.30%
Debt Free24.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.5%