Berlin, NJ Real Estate
According to census data in the year 2000 there were 2,275 housing units in Berlin.
This represents a 12.9% growth from 2,015 in 1990.
Of those housing units, 2,275 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Berlin is about 83.1%.
Berlin's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Berlin were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 6.70% |
| Two Bedrooms | 15.70% |
| Three Bedrooms | 42.70% |
| Four Bedrooms | 29.10% |
| Five Bedrooms or more | 5.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.93 |
| Median year structure was built | 1968 |
| Median Value of occupied units | $135,800 |
| Median Price asked for vacant units | $287,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1952 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 8.80% |
| Simple Mortgage | 60.40% |
| Debt Free | 26.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.3% |
