Little Falls, NJ Real Estate
According to census data in the year 2000 there were 4,797 housing units in Little Falls.
This represents a 7.6% growth from 4,460 in 1990.
Of those housing units, 4,797 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Little Falls is about 69.4%.
Little Falls's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.32 people.
The majority of houses, apartments or condos in Little Falls were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 20.20% |
| Two Bedrooms | 27.40% |
| Three Bedrooms | 33.10% |
| Four Bedrooms | 16% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.45 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $212,300 |
| Median Price asked for vacant units | $219,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.01 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $475 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 47.20% |
| Debt Free | 41.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.9% |
