Ringwood, NJ Real Estate
According to census data in the year 2000 there were 4,221 housing units in Ringwood.
This represents a 1.9% growth from 4,141 in 1990.
Of those housing units, 3,458 were located in either urbanized areas or urban clusters, and 763 were located in what is classified as a rural area.
Homeownership rate in Ringwood is about 94.4%.
Ringwood's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 3 people.
The majority of houses, apartments or condos in Ringwood were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 1.60% |
| Two Bedrooms | 13.90% |
| Three Bedrooms | 44.10% |
| Four Bedrooms | 35.80% |
| Five Bedrooms or more | 4.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1965 |
| Median Value of occupied units | $193,400 |
| Median Price asked for vacant units | $123,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1949 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.10% |
| Home Equity Loan | 15.90% |
| Simple Mortgage | 59% |
| Debt Free | 18% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
