Englewood Cliffs, NJ Real Estate
According to census data in the year 2000 there were 1,889 housing units in Englewood Cliffs.
This represents a 0.5% growth from 1,879 in 1990.
Of those housing units, 1,889 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Englewood Cliffs is about 91.5%.
Englewood Cliffs's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.9 people.
The majority of houses, apartments or condos in Englewood Cliffs were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.50% |
| One Bedroom | 1.70% |
| Two Bedrooms | 5.70% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 42.50% |
| Five Bedrooms or more | 16% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $507,100 |
| Median Price asked for vacant units | $562,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $1,875 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 4.10% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 45.80% |
| Debt Free | 43.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.3% |
