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Absecon, NJ Real Estate


According to census data in the year 2000 there were 2,929 housing units in Absecon. This represents a 5.7% growth from 2,771 in 1990.

Of those housing units, 2,929 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Absecon is about 85.6%. Absecon's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Absecon were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.30%
Two Bedrooms25.50%
Three Bedrooms53.90%
Four Bedrooms14.90%
Five Bedrooms or more2.50%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.7
Median year structure was built1965
Median Value of occupied units$123,000
Median Price asked for vacant units$75,700

Rented Homes, Apartments and Condos

Average Household Size2.6
Median year structure was built1970
Median Monthly Rent asked for vacant units$1,078

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.50%
Home Equity Loan9.40%
Simple Mortgage47.50%
Debt Free32.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%