East Orange, NJ Real Estate
According to census data in the year 2000 there were 28,479 housing units in East Orange.
This represents a 1.8% decline from 28,987 in 1990.
Of those housing units, 28,479 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in East Orange is about 26.7%.
East Orange's vacancy rate, including seasonal lodging, is about 8.6%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in East Orange were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 8.10% |
| One Bedroom | 33.80% |
| Two Bedrooms | 28.90% |
| Three Bedrooms | 15.80% |
| Four Bedrooms | 6.40% |
| Five Bedrooms or more | 7.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.57 |
| Median year structure was built | 1940 |
| Median Value of occupied units | $122,000 |
| Median Price asked for vacant units | $127,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.3 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $634 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 13.20% |
| Home Equity Loan | 6.40% |
| Simple Mortgage | 59% |
| Debt Free | 20.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.2% |
