Home

Moorestown-Lenola, NJ Real Estate


According to census data in the year 2000 there were 5,432 housing units in Moorestown-Lenola. This represents a 3.5% growth from 5,248 in 1990.

Of those housing units, 5,432 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Moorestown-Lenola is about 78.8%. Moorestown-Lenola's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.58 people.

The majority of houses, apartments or condos in Moorestown-Lenola were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom8.90%
Two Bedrooms18.20%
Three Bedrooms35.60%
Four Bedrooms26.70%
Five Bedrooms or more9.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1955
Median Value of occupied units$195,700
Median Price asked for vacant units$151,300

Rented Homes, Apartments and Condos

Average Household Size1.98
Median year structure was built1955
Median Monthly Rent asked for vacant units$661

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6%
Home Equity Loan8.80%
Simple Mortgage50.50%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%