Ventnor City, NJ Real Estate
According to census data in the year 2000 there were 8,009 housing units in Ventnor City.
This represents a 10.4% growth from 7,256 in 1990.
Of those housing units, 8,009 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ventnor City is about 60.9%.
Ventnor City's vacancy rate, including seasonal lodging, is about 31.6%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Ventnor City were built after 1959.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 20.10% |
| Two Bedrooms | 27.80% |
| Three Bedrooms | 30.40% |
| Four Bedrooms | 13.50% |
| Five Bedrooms or more | 5.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $129,700 |
| Median Price asked for vacant units | $155,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $675 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 8% |
| Simple Mortgage | 49.90% |
| Debt Free | 35.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.3% |
