Palmyra, NJ Real Estate

According to census data in the year 2000 there were 3,219 housing units in Palmyra. This represents a 6.1% growth from 3,035 in 1990.

Of those housing units, 3,219 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Palmyra is about 69.9%. Palmyra's vacancy rate, including seasonal lodging, is about 6.7%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Palmyra were built after 1949.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom14.60%
Two Bedrooms32.40%
Three Bedrooms34.90%
Four Bedrooms14.40%
Five Bedrooms or more3.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1946
Median Value of occupied units$110,500
Median Price asked for vacant units$92,100

Rented Homes, Apartments and Condos

Average Household Size2.1
Median year structure was built1961
Median Monthly Rent asked for vacant units$517

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage5.30%
Home Equity Loan6.40%
Simple Mortgage54.20%
Debt Free33.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.7%