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Linwood, NJ Real Estate


According to census data in the year 2000 there were 2,761 housing units in Linwood. This represents a 10.8% growth from 2,491 in 1990.

Of those housing units, 2,761 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Linwood is about 89.7%. Linwood's vacancy rate, including seasonal lodging, is about 3.3%. Average household size is 2.63 people.

The majority of houses, apartments or condos in Linwood were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type3.30%
One Bedroom3%
Two Bedrooms16.40%
Three Bedrooms42.30%
Four Bedrooms29.40%
Five Bedrooms or more5.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1966
Median Value of occupied units$165,100
Median Price asked for vacant units$216,700

Rented Homes, Apartments and Condos

Average Household Size1.42
Median year structure was built1988
Median Monthly Rent asked for vacant units$725

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage8.80%
Home Equity Loan11.90%
Simple Mortgage50.80%
Debt Free27.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%