Nutley, NJ Real Estate
According to census data in the year 2000 there were 11,118 housing units in Nutley.
This represents a 1.1% growth from 11,001 in 1990.
Of those housing units, 11,118 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Nutley is about 66.9%.
Nutley's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.51 people.
The majority of houses, apartments or condos in Nutley were built after 1947.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.70% |
| One Bedroom | 20.40% |
| Two Bedrooms | 23.30% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 14.20% |
| Five Bedrooms or more | 2.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.86 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $190,500 |
| Median Price asked for vacant units | $183,900 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.82 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $795 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 47.90% |
| Debt Free | 33.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.5% |
