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Matawan, NJ Real Estate


According to census data in the year 2000 there were 3,656 housing units in Matawan. This represents a 2% decline from 3,730 in 1990.

Of those housing units, 3,656 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Matawan is about 59.1%. Matawan's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.52 people.

The majority of houses, apartments or condos in Matawan were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type2%
One Bedroom23.90%
Two Bedrooms22.50%
Three Bedrooms30.40%
Four Bedrooms18.30%
Five Bedrooms or more2.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1961
Median Value of occupied units$178,500
Median Price asked for vacant units$218,200

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1968
Median Monthly Rent asked for vacant units$762

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.60%
Home Equity Loan11.30%
Simple Mortgage52.10%
Debt Free28.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%