Bloomfield, NJ Real Estate
According to census data in the year 2000 there were 19,508 housing units in Bloomfield.
This represents a 1.1% growth from 19,293 in 1990.
Of those housing units, 19,508 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bloomfield is about 53.3%.
Bloomfield's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.48 people.
The majority of houses, apartments or condos in Bloomfield were built after 1945.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 26.30% |
| Two Bedrooms | 28.40% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.99 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $164,800 |
| Median Price asked for vacant units | $141,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $711 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 55.40% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.4% |
