Spotswood, NJ Real Estate
According to census data in the year 2000 there were 3,158 housing units in Spotswood.
This represents a 5.4% growth from 2,995 in 1990.
Of those housing units, 3,158 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Spotswood is about 79.5%.
Spotswood's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Spotswood were built after 1963.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.30% |
| One Bedroom | 15% |
| Two Bedrooms | 25.80% |
| Three Bedrooms | 37.90% |
| Four Bedrooms | 16.60% |
| Five Bedrooms or more | 3.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.65 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $155,100 |
| Median Price asked for vacant units | $214,100 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.1 |
| Median year structure was built | 1970 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 7.80% |
| Home Equity Loan | 12.20% |
| Simple Mortgage | 52.60% |
| Debt Free | 26.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.3% |
