Glen Ridge, NJ Real Estate
According to census data in the year 2000 there were 2,490 housing units in Glen Ridge.
This represents a 0.8% growth from 2,470 in 1990.
Of those housing units, 2,490 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Glen Ridge is about 91%.
Glen Ridge's vacancy rate, including seasonal lodging, is about 1.3%.
Average household size is 2.95 people.
The majority of houses, apartments or condos in Glen Ridge were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 5.50% |
| Two Bedrooms | 9.70% |
| Three Bedrooms | 32.40% |
| Four Bedrooms | 27.40% |
| Five Bedrooms or more | 23.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.08 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $264,700 |
| Median Price asked for vacant units | $350,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.66 |
| Median year structure was built | 1946 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 8.40% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 57.90% |
| Debt Free | 20.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.8% |
