Teaneck, NJ Real Estate
According to census data in the year 2000 there were 13,719 housing units in Teaneck.
This represents a 2.9% growth from 13,334 in 1990.
Of those housing units, 13,719 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Teaneck is about 77.6%.
Teaneck's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.86 people.
The majority of houses, apartments or condos in Teaneck were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 12.60% |
| Two Bedrooms | 16.90% |
| Three Bedrooms | 42.60% |
| Four Bedrooms | 21.30% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.14 |
| Median year structure was built | 1944 |
| Median Value of occupied units | $208,800 |
| Median Price asked for vacant units | $199,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.89 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $1,625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 8.20% |
| Home Equity Loan | 9.80% |
| Simple Mortgage | 54.60% |
| Debt Free | 26.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.7% |
