Penns Grove, NJ Real Estate
According to census data in the year 2000 there were 2,066 housing units in Penns Grove.
This represents a 3.4% decline from 2,138 in 1990.
Of those housing units, 2,066 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Penns Grove is about 47.5%.
Penns Grove's vacancy rate, including seasonal lodging, is about 11.6%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Penns Grove were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||2.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.58|
|Median year structure was built||1941|
|Median Value of occupied units||$72,900|
|Median Price asked for vacant units||$67,100|
Rented Homes, Apartments and Condos
|Average Household Size||2.75|
|Median year structure was built||1962|
|Median Monthly Rent asked for vacant units||$506|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||6.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||22%|