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Victory Lakes, NJ Real Estate


According to census data in the year 2000 there were 734 housing units in Victory Lakes. This represents a 0.1% decline from 735 in 1990.

Of those housing units, 611 were located in either urbanized areas or urban clusters, and 123 were located in what is classified as a rural area.

Homeownership rate in Victory Lakes is about 94.4%. Victory Lakes's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.93 people.

The majority of houses, apartments or condos in Victory Lakes were built after 1970.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.10%
Two Bedrooms23.30%
Three Bedrooms61.20%
Four Bedrooms8.90%
Five Bedrooms or more5.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1970
Median Value of occupied units$97,100

Rented Homes, Apartments and Condos

Average Household Size3.41
Median year structure was built1970

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.70%
Home Equity Loan10.40%
Simple Mortgage50.80%
Debt Free27%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%