Garfield, NJ Real Estate
According to census data in the year 2000 there were 11,698 housing units in Garfield.
This represents a 2.1% growth from 11,458 in 1990.
Of those housing units, 11,698 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Garfield is about 40.2%.
Garfield's vacancy rate, including seasonal lodging, is about 3.8%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Garfield were built after 1950.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 22.50% |
| Two Bedrooms | 43.90% |
| Three Bedrooms | 23.30% |
| Four Bedrooms | 6.50% |
| Five Bedrooms or more | 2.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $161,500 |
| Median Price asked for vacant units | $165,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.36 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $794 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 45.20% |
| Debt Free | 42.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.6% |
