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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 Type0.20%
One Bedroom6.30%
Two Bedrooms25.90%
Three Bedrooms46.60%
Four Bedrooms17.30%
Five Bedrooms or more3.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1955
Median Value of occupied units$197,500
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1948
Median Monthly Rent asked for vacant units$1,000

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan8.90%
Simple Mortgage42.90%
Debt Free43.90%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20.4%