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Stanhope, NJ Real Estate


According to census data in the year 2000 there were 1,416 housing units in Stanhope. This represents a 3.5% growth from 1,368 in 1990.

Of those housing units, 1,416 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Stanhope is about 80.6%. Stanhope's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Stanhope were built after 1967.

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom17.80%
Two Bedrooms22.20%
Three Bedrooms36.20%
Four Bedrooms19.80%
Five Bedrooms or more3.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1968
Median Value of occupied units$151,100

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1959

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan16.90%
Simple Mortgage57.10%
Debt Free17.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%