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River Edge, NJ Real Estate


According to census data in the year 2000 there were 4,210 housing units in River Edge. This represents a 1.2% growth from 4,161 in 1990.

Of those housing units, 4,210 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in River Edge is about 74.3%. River Edge's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 2.62 people.

The majority of houses, apartments or condos in River Edge were built after 1949.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom14%
Two Bedrooms20%
Three Bedrooms41.40%
Four Bedrooms21.20%
Five Bedrooms or more3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1948
Median Value of occupied units$252,700

Rented Homes, Apartments and Condos

Average Household Size2.28
Median year structure was built1954
Median Monthly Rent asked for vacant units$850

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage8.80%
Home Equity Loan9.90%
Simple Mortgage48.10%
Debt Free32.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.3%