Garwood, NJ Real Estate

According to census data in the year 2000 there were 1,782 housing units in Garwood. This represents a 1.9% growth from 1,748 in 1990.

Of those housing units, 1,782 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Garwood is about 63.1%. Garwood's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Garwood were built after 1945.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom14.40%
Two Bedrooms30.30%
Three Bedrooms40.30%
Four Bedrooms13.10%
Five Bedrooms or more1.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1946
Median Value of occupied units$181,500
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1942
Median Monthly Rent asked for vacant units$950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage3.20%
Home Equity Loan11%
Simple Mortgage44.50%
Debt Free40.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs24.2%