New Rd / Mays Landing Rd median real estate price is $244,920, which is less expensive than 74.1% of New Jersey neighborhoods and 36.9% of all U.S. neighborhoods.
The average rental price in New Rd / Mays Landing Rd is currently $918, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 97.1% of New Jersey neighborhoods.
New Rd / Mays Landing Rd is a suburban neighborhood (based on population density) located in Somers Point, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
New Rd / Mays Landing Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the New Rd / Mays Landing Rd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in New Rd / Mays Landing Rd. The current real estate vacancy rate here is 17.9%. This is higher than the rate of vacancies in 81.3% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (10.3%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.