Madison Park, NJ Real Estate
According to census data in the year 2000 there were 2,532 housing units in Madison Park.
This represents a 14.7% decline from 2,968 in 1990.
Of those housing units, 2,532 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Madison Park is about 30.5%.
Madison Park's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.79 people.
The majority of houses, apartments or condos in Madison Park were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.95|
|Median year structure was built||1956|
|Median Value of occupied units||$140,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1968|
|Median Monthly Rent asked for vacant units||$633|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||16.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19%|