South River, NJ Real Estate
According to census data in the year 2000 there were 5,769 housing units in South River.
This represents a 9.5% growth from 5,269 in 1990.
Of those housing units, 5,769 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South River is about 69.2%.
South River's vacancy rate, including seasonal lodging, is about 2.8%.
Average household size is 2.72 people.
The majority of houses, apartments or condos in South River were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 15.50% |
| Two Bedrooms | 25.20% |
| Three Bedrooms | 39.10% |
| Four Bedrooms | 15.70% |
| Five Bedrooms or more | 3.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $149,600 |
| Median Price asked for vacant units | $99,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.27 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $783 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 8.30% |
| Simple Mortgage | 50% |
| Debt Free | 35.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21% |
