Allendale, NJ Real Estate
According to census data in the year 2000 there were 2,143 housing units in Allendale.
This represents a 11.9% growth from 1,915 in 1990.
Of those housing units, 2,143 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Allendale is about 90.5%.
Allendale's vacancy rate, including seasonal lodging, is about 1.5%.
Average household size is 3.03 people.
The majority of houses, apartments or condos in Allendale were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3% |
| Two Bedrooms | 11.10% |
| Three Bedrooms | 38.80% |
| Four Bedrooms | 34.30% |
| Five Bedrooms or more | 12.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1962 |
| Median Value of occupied units | $421,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $796 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 7% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 57.10% |
| Debt Free | 25.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.2% |
