Boonton, NJ Real Estate
According to census data in the year 2000 there were 3,352 housing units in Boonton.
This represents a 3.6% growth from 3,234 in 1990.
Of those housing units, 3,352 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Boonton is about 59.9%.
Boonton's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.55 people.
The majority of houses, apartments or condos in Boonton were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 13.80% |
| Two Bedrooms | 23.40% |
| Three Bedrooms | 38.20% |
| Four Bedrooms | 17.10% |
| Five Bedrooms or more | 6.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $212,000 |
| Median Price asked for vacant units | $179,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $718 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.30% |
| Home Equity Loan | 11.10% |
| Simple Mortgage | 53.10% |
| Debt Free | 30.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
