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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 Type1.70%
One Bedroom20.40%
Two Bedrooms23.30%
Three Bedrooms37.90%
Four Bedrooms14.20%
Five Bedrooms or more2.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.86
Median year structure was built1944
Median Value of occupied units$190,500
Median Price asked for vacant units$183,900

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1953
Median Monthly Rent asked for vacant units$795

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.90%
Second Mortgage5.80%
Home Equity Loan11.60%
Simple Mortgage47.90%
Debt Free33.80%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.5%