Hoboken, NJ Real Estate
According to census data in the year 2000 there were 19,990 housing units in Hoboken.
This represents a 14.7% growth from 17,421 in 1990.
Of those housing units, 19,990 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Hoboken is about 23%.
Hoboken's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 1.92 people.
The majority of houses, apartments or condos in Hoboken were built after 1948.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.50% |
| One Bedroom | 40.90% |
| Two Bedrooms | 37.20% |
| Three Bedrooms | 11.60% |
| Four Bedrooms | 3.10% |
| Five Bedrooms or more | 0.70% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.13 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $428,900 |
| Median Price asked for vacant units | $625,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1952 |
| Median Monthly Rent asked for vacant units | $900 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 9.30% |
| Home Equity Loan | 7% |
| Simple Mortgage | 66% |
| Debt Free | 17.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
