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Hopewell, NJ Real Estate


According to census data in the year 2000 there were 836 housing units in Hopewell. This represents a 4.4% growth from 801 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 836 were located in what is classified as a rural area.

Homeownership rate in Hopewell is about 72%. Hopewell's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.5 people.

The majority of houses, apartments or condos in Hopewell were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom7.90%
Two Bedrooms23.10%
Three Bedrooms42.60%
Four Bedrooms20.80%
Five Bedrooms or more5.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Value of occupied units$221,900

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1939
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.40%
Home Equity Loan18.40%
Simple Mortgage50%
Debt Free27.20%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%