Bound Brook, NJ Real Estate
According to census data in the year 2000 there were 3,817 housing units in Bound Brook.
This represents a 0.2% decline from 3,823 in 1990.
Of those housing units, 3,817 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Bound Brook is about 52.4%.
Bound Brook's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in Bound Brook were built after 1949.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 21% |
| Two Bedrooms | 30.70% |
| Three Bedrooms | 31% |
| Four Bedrooms | 10.90% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $157,600 |
| Median Price asked for vacant units | $168,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1950 |
| Median Monthly Rent asked for vacant units | $764 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9% |
| Home Equity Loan | 5.50% |
| Simple Mortgage | 49% |
| Debt Free | 36.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
