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Blackwood, NJ Real Estate


According to census data in the year 2000 there were 1,766 housing units in Blackwood. This represents a 5.1% decline from 1,860 in 1990.

Of those housing units, 1,766 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Blackwood is about 81.7%. Blackwood's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Blackwood were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type1.40%
One Bedroom10.70%
Two Bedrooms21.10%
Three Bedrooms43.30%
Four Bedrooms21.50%
Five Bedrooms or more2%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1955
Median Value of occupied units$102,000
Median Price asked for vacant units$112,500

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1967
Median Monthly Rent asked for vacant units$577

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage4.70%
Home Equity Loan6.30%
Simple Mortgage46.10%
Debt Free41.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%