Old Tappan, NJ Real Estate
According to census data in the year 2000 there were 1,804 housing units in Old Tappan.
This represents a 33.1% growth from 1,355 in 1990.
Of those housing units, 1,804 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Old Tappan is about 93.5%.
Old Tappan's vacancy rate, including seasonal lodging, is about 1.4%.
Average household size is 3.02 people.
The majority of houses, apartments or condos in Old Tappan were built after 1969.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 2.90% |
| Two Bedrooms | 8% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 36% |
| Five Bedrooms or more | 14% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1969 |
| Median Value of occupied units | $436,900 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.48 |
| Median year structure was built | 1984 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.90% |
| Second Mortgage | 5.10% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 51.90% |
| Debt Free | 31.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
