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Forked River, NJ Real Estate


According to census data in the year 2000 there were 2,436 housing units in Forked River. This represents a 4.8% growth from 2,325 in 1990.

Of those housing units, 2,436 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Forked River is about 87.6%. Forked River's vacancy rate, including seasonal lodging, is about 22.8%. Average household size is 2.57 people.

The majority of houses, apartments or condos in Forked River were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.10%
Two Bedrooms38.80%
Three Bedrooms46.60%
Four Bedrooms9.70%
Five Bedrooms or more1.90%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1976
Median Value of occupied units$132,100
Median Price asked for vacant units$129,200

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1966
Median Monthly Rent asked for vacant units$706

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage11.40%
Home Equity Loan9.20%
Simple Mortgage54.20%
Debt Free25.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%