Emerson, NJ Real Estate
According to census data in the year 2000 there were 2,398 housing units in Emerson.
This represents a 6.2% growth from 2,257 in 1990.
Of those housing units, 2,398 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Emerson is about 92.4%.
Emerson's vacancy rate, including seasonal lodging, is about 1%.
Average household size is 2.91 people.
The majority of houses, apartments or condos in Emerson were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 1.80% |
| Two Bedrooms | 8.80% |
| Three Bedrooms | 49.60% |
| Four Bedrooms | 31.10% |
| Five Bedrooms or more | 8% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $260,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.22 |
| Median year structure was built | 1957 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 51.90% |
| Debt Free | 32.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.5% |
