Chatham, NJ Real Estate
According to census data in the year 2000 there were 3,232 housing units in Chatham.
This represents a 2.5% growth from 3,154 in 1990.
Of those housing units, 3,232 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chatham is about 79.4%.
Chatham's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Chatham were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 7.30% |
| Two Bedrooms | 16.10% |
| Three Bedrooms | 43.60% |
| Four Bedrooms | 26.90% |
| Five Bedrooms or more | 5.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $376,900 |
| Median Price asked for vacant units | $344,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.18 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $1,313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.30% |
| Second Mortgage | 8.70% |
| Home Equity Loan | 10.80% |
| Simple Mortgage | 54.50% |
| Debt Free | 24.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
