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Ramsey, NJ Real Estate


According to census data in the year 2000 there were 5,400 housing units in Ramsey. This represents a 8.9% growth from 4,960 in 1990.

Of those housing units, 5,400 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Ramsey is about 84.2%. Ramsey's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Ramsey were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom10.90%
Two Bedrooms19.10%
Three Bedrooms31.90%
Four Bedrooms30%
Five Bedrooms or more7.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1964
Median Value of occupied units$329,700
Median Price asked for vacant units$358,300

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1967
Median Monthly Rent asked for vacant units$1,625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8.10%
Home Equity Loan12.20%
Simple Mortgage54.70%
Debt Free24.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22%