Silver Ridge, NJ Real Estate
According to census data in the year 2000 there were 832 housing units in Silver Ridge.
This represents a 3.1% growth from 807 in 1990.
Of those housing units, 832 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Silver Ridge is about 89.7%.
Silver Ridge's vacancy rate, including seasonal lodging, is about 8.8%.
Average household size is 1.59 people.
The majority of houses, apartments or condos in Silver Ridge were built after 1974.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 0% |
| Two Bedrooms | 99% |
| Three Bedrooms | 1% |
| Four Bedrooms | 0% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.56 |
| Median year structure was built | 1974 |
| Median Value of occupied units | $77,500 |
| Median Price asked for vacant units | $79,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.86 |
| Median year structure was built | 1973 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 2.30% |
| Home Equity Loan | 2.50% |
| Simple Mortgage | 25.80% |
| Debt Free | 68.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
