Folsom, NJ Real Estate
According to census data in the year 2000 there were 702 housing units in Folsom.
This represents a 1.1% decline from 710 in 1990.
Of those housing units, 370 were located in either urbanized areas or urban clusters, and 332 were located in what is classified as a rural area.
Homeownership rate in Folsom is about 91.8%.
Folsom's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.93 people.
The majority of houses, apartments or condos in Folsom were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.90% |
| Two Bedrooms | 10.70% |
| Three Bedrooms | 69.50% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.91 |
| Median year structure was built | 1972 |
| Median Value of occupied units | $104,700 |
| Median Price asked for vacant units | $93,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.11 |
| Median year structure was built | 1963 |
| Median Monthly Rent asked for vacant units | $775 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 10.70% |
| Simple Mortgage | 63.80% |
| Debt Free | 18.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
