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Newfield, NJ Real Estate


According to census data in the year 2000 there were 620 housing units in Newfield. This represents a 8.8% growth from 570 in 1990.

Of those housing units, 620 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newfield is about 82%. Newfield's vacancy rate, including seasonal lodging, is about 3.9%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Newfield were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6%
Two Bedrooms24%
Three Bedrooms52.70%
Four Bedrooms13.40%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.71
Median year structure was built1961
Median Value of occupied units$103,200
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1939
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.80%
Home Equity Loan7.40%
Simple Mortgage50.20%
Debt Free37.60%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%