Woodcliff Lake, NJ Real Estate
According to census data in the year 2000 there were 1,842 housing units in Woodcliff Lake.
This represents a 8.2% growth from 1,703 in 1990.
Of those housing units, 1,842 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Woodcliff Lake is about 94.6%.
Woodcliff Lake's vacancy rate, including seasonal lodging, is about 1%.
Average household size is 3.08 people.
The majority of houses, apartments or condos in Woodcliff Lake were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.70% |
| Two Bedrooms | 5.10% |
| Three Bedrooms | 29.70% |
| Four Bedrooms | 43.70% |
| Five Bedrooms or more | 18.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $450,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 10.60% |
| Simple Mortgage | 55.10% |
| Debt Free | 29.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.5% |
