Phillipsburg, NJ Real Estate
According to census data in the year 2000 there were 6,651 housing units in Phillipsburg.
This represents a 0.4% growth from 6,626 in 1990.
Of those housing units, 6,651 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Phillipsburg is about 57.1%.
Phillipsburg's vacancy rate, including seasonal lodging, is about 9.1%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Phillipsburg were built after 1939.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 14.40% |
| Two Bedrooms | 27.20% |
| Three Bedrooms | 45% |
| Four Bedrooms | 9.40% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.59 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $90,000 |
| Median Price asked for vacant units | $64,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.37 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $526 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 6.70% |
| Simple Mortgage | 49.70% |
| Debt Free | 36.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.3% |
