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Stratford, NJ Real Estate


According to census data in the year 2000 there were 2,849 housing units in Stratford. This represents a 1.1% decline from 2,881 in 1990.

Of those housing units, 2,849 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Stratford is about 72.8%. Stratford's vacancy rate, including seasonal lodging, is about 4%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Stratford were built after 1962.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom17.10%
Two Bedrooms15.70%
Three Bedrooms45.70%
Four Bedrooms17%
Five Bedrooms or more3.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1961
Median Value of occupied units$114,000
Median Price asked for vacant units$130,700

Rented Homes, Apartments and Condos

Average Household Size1.87
Median year structure was built1965
Median Monthly Rent asked for vacant units$531

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.50%
Home Equity Loan6.30%
Simple Mortgage55.30%
Debt Free29.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.7%