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Hamburg, NJ Real Estate


According to census data in the year 2000 there were 1,233 housing units in Hamburg. This represents a 11.4% growth from 1,107 in 1990.

Of those housing units, 1,233 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Hamburg is about 74%. Hamburg's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.65 people.

The majority of houses, apartments or condos in Hamburg were built after 1979.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom16.20%
Two Bedrooms40.10%
Three Bedrooms36.10%
Four Bedrooms7.20%
Five Bedrooms or more0.30%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1981
Median Value of occupied units$124,500
Median Price asked for vacant units$117,200

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1969
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage5.60%
Home Equity Loan5.20%
Simple Mortgage66.40%
Debt Free21.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.9%