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Rutherford, NJ Real Estate


According to census data in the year 2000 there were 7,214 housing units in Rutherford. This represents a 0.1% decline from 7,220 in 1990.

Of those housing units, 7,214 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Rutherford is about 65.5%. Rutherford's vacancy rate, including seasonal lodging, is about 2.2%. Average household size is 2.53 people.

The majority of houses, apartments or condos in Rutherford were built after 1942.

Statistics

Housing Size

Housing Units by Size
Studio Type3.40%
One Bedroom20.90%
Two Bedrooms19.70%
Three Bedrooms34.30%
Four Bedrooms16.30%
Five Bedrooms or more5.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1939
Median Value of occupied units$218,300
Median Price asked for vacant units$142,200

Rented Homes, Apartments and Condos

Average Household Size1.86
Median year structure was built1948
Median Monthly Rent asked for vacant units$875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage8.70%
Home Equity Loan10.20%
Simple Mortgage51.70%
Debt Free29.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.4%