Fairfield, NJ Real Estate
According to census data in the year 2000 there were 2,326 housing units in Fairfield.
This represents a 1.1% decline from 2,351 in 1990.
Of those housing units, 2,165 were located in either urbanized areas or urban clusters, and 161 were located in what is classified as a rural area.
Homeownership rate in Fairfield is about 93.4%.
Fairfield's vacancy rate, including seasonal lodging, is about 1.3%.
Average household size is 3.04 people.
The majority of houses, apartments or condos in Fairfield were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 3.20% |
| Two Bedrooms | 9.80% |
| Three Bedrooms | 47.10% |
| Four Bedrooms | 31.80% |
| Five Bedrooms or more | 8% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $274,800 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1944 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 11.70% |
| Simple Mortgage | 51.20% |
| Debt Free | 34.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
