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South Belmar, NJ Real Estate


According to census data in the year 2000 there were 1,107 housing units in South Belmar. This represents a 3.4% growth from 1,071 in 1990.

Of those housing units, 1,107 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in South Belmar is about 60.3%. South Belmar's vacancy rate, including seasonal lodging, is about 25.6%. Average household size is 2.19 people.

The majority of houses, apartments or condos in South Belmar were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom17.50%
Two Bedrooms39.70%
Three Bedrooms31.20%
Four Bedrooms9.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1948
Median Value of occupied units$124,300
Median Price asked for vacant units$88,100

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1957
Median Monthly Rent asked for vacant units$688

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage8%
Home Equity Loan8.50%
Simple Mortgage50.70%
Debt Free32.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%