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Vernon Valley, NJ Real Estate


According to census data in the year 2000 there were 562 housing units in Vernon Valley.

Of those housing units, 319 were located in either urbanized areas or urban clusters, and 243 were located in what is classified as a rural area.

Homeownership rate in Vernon Valley is about 93.2%. Vernon Valley's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 3.18 people.

The majority of houses, apartments or condos in Vernon Valley were built after 1975.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.20%
Two Bedrooms8.70%
Three Bedrooms60.10%
Four Bedrooms28.10%
Five Bedrooms or more1.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.14
Median year structure was built1975
Median Value of occupied units$154,200
Median Price asked for vacant units$65,000

Rented Homes, Apartments and Condos

Average Household Size3.76
Median year structure was built1972
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage8.40%
Home Equity Loan14.70%
Simple Mortgage61.40%
Debt Free14.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%