Ridgefield Park, NJ Real Estate
According to census data in the year 2000 there were 5,134 housing units in Ridgefield Park.
This represents a 0.2% growth from 5,126 in 1990.
Of those housing units, 5,134 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ridgefield Park is about 53.3%.
Ridgefield Park's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Ridgefield Park were built after 1942.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.20% |
| One Bedroom | 30.70% |
| Two Bedrooms | 20.60% |
| Three Bedrooms | 31.70% |
| Four Bedrooms | 9% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.95 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $171,300 |
| Median Price asked for vacant units | $144,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.11 |
| Median year structure was built | 1954 |
| Median Monthly Rent asked for vacant units | $810 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 7.30% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 54.30% |
| Debt Free | 25.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 24.2% |
