Edison, NJ Real Estate
According to census data in the year 2000 there were 36,018 housing units in Edison.
This represents a 9.7% growth from 32,832 in 1990.
Of those housing units, 35,974 were located in either urbanized areas or urban clusters, and 44 were located in what is classified as a rural area.
Homeownership rate in Edison is about 63.9%.
Edison's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in Edison were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 20.20% |
| Two Bedrooms | 26.10% |
| Three Bedrooms | 31% |
| Four Bedrooms | 16.90% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.89 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $186,900 |
| Median Price asked for vacant units | $159,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.41 |
| Median year structure was built | 1977 |
| Median Monthly Rent asked for vacant units | $848 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.70% |
| Home Equity Loan | 10.30% |
| Simple Mortgage | 53.50% |
| Debt Free | 29.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.1% |
