Highland Park, NJ Real Estate
According to census data in the year 2000 there were 6,071 housing units in Highland Park.
This represents a 0.6% decline from 6,106 in 1990.
Of those housing units, 6,071 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Highland Park is about 42%.
Highland Park's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.37 people.
The majority of houses, apartments or condos in Highland Park were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4% |
| One Bedroom | 31.50% |
| Two Bedrooms | 26.60% |
| Three Bedrooms | 25.60% |
| Four Bedrooms | 9.80% |
| Five Bedrooms or more | 2.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $183,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.99 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $889 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 8.10% |
| Home Equity Loan | 11.40% |
| Simple Mortgage | 47.20% |
| Debt Free | 33.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
