Lambertville, NJ Real Estate
According to census data in the year 2000 there were 1,961 housing units in Lambertville.
This represents a 7.9% growth from 1,818 in 1990.
Of those housing units, 1,961 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Lambertville is about 64.6%.
Lambertville's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.06 people.
The majority of houses, apartments or condos in Lambertville were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.70% |
| One Bedroom | 19.40% |
| Two Bedrooms | 33.90% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 8.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.29 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $170,500 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.65 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $859 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 13.20% |
| Simple Mortgage | 52.30% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
