Chester, NJ Real Estate
According to census data in the year 2000 there were 627 housing units in Chester.
This represents a 27.4% growth from 492 in 1990.
Of those housing units, 627 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Chester is about 77%.
Chester's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Chester were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 13.60% |
| Two Bedrooms | 19% |
| Three Bedrooms | 25% |
| Four Bedrooms | 36.40% |
| Five Bedrooms or more | 6.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.95 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $313,600 |
| Median Price asked for vacant units | $208,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.69 |
| Median year structure was built | 1965 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 17.50% |
| Simple Mortgage | 54.60% |
| Debt Free | 21.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
