Totowa, NJ Real Estate
According to census data in the year 2000 there were 3,620 housing units in Totowa.
This represents a 1.4% growth from 3,570 in 1990.
Of those housing units, 3,620 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Totowa is about 81.2%.
Totowa's vacancy rate, including seasonal lodging, is about 2.5%.
Average household size is 2.63 people.
The majority of houses, apartments or condos in Totowa were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 6.30% |
| Two Bedrooms | 25.90% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1955 |
| Median Value of occupied units | $197,500 |
| Median Price asked for vacant units | $187,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1948 |
| Median Monthly Rent asked for vacant units | $1,000 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.20% |
| Home Equity Loan | 8.90% |
| Simple Mortgage | 42.90% |
| Debt Free | 43.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.4% |
