Midland Park, NJ Real Estate
According to census data in the year 2000 there were 2,650 housing units in Midland Park.
This represents a 1.3% growth from 2,615 in 1990.
Of those housing units, 2,650 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Midland Park is about 75.9%.
Midland Park's vacancy rate, including seasonal lodging, is about 1.4%.
Average household size is 2.65 people.
The majority of houses, apartments or condos in Midland Park were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 10.50% |
| Two Bedrooms | 18.60% |
| Three Bedrooms | 45.20% |
| Four Bedrooms | 22.60% |
| Five Bedrooms or more | 3% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.07 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $256,500 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.33 |
| Median year structure was built | 1960 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.30% |
| Home Equity Loan | 9.60% |
| Simple Mortgage | 55.90% |
| Debt Free | 28.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.9% |
