Fairview Borough, NJ Real Estate
According to census data in the year 2000 there were 4,988 housing units in Fairview Borough.
This represents a 6.4% growth from 4,686 in 1990.
Of those housing units, 4,988 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fairview Borough is about 34.6%.
Fairview Borough's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Fairview Borough were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 5.50% |
| One Bedroom | 28.70% |
| Two Bedrooms | 32.60% |
| Three Bedrooms | 26.10% |
| Four Bedrooms | 5.30% |
| Five Bedrooms or more | 1.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 3 |
| Median year structure was built | 1946 |
| Median Value of occupied units | $179,900 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.58 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $714 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 2.90% |
| Simple Mortgage | 51.80% |
| Debt Free | 35.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 29.6% |
