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Villas, NJ Real Estate


According to census data in the year 2000 there were 5,694 housing units in Villas. This represents a 2.6% growth from 5,549 in 1990.

Of those housing units, 5,694 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Villas is about 79.9%. Villas's vacancy rate, including seasonal lodging, is about 34.4%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Villas were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom6.90%
Two Bedrooms51.40%
Three Bedrooms36%
Four Bedrooms4.40%
Five Bedrooms or more1.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.34
Median year structure was built1963
Median Value of occupied units$78,700
Median Price asked for vacant units$73,800

Rented Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1960
Median Monthly Rent asked for vacant units$505

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.70%
Home Equity Loan12.60%
Simple Mortgage42.70%
Debt Free39%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.9%