Union City, NJ Real Estate
According to census data in the year 2000 there were 23,741 housing units in Union City.
This represents a 5.1% growth from 22,592 in 1990.
Of those housing units, 23,741 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Union City is about 18.2%.
Union City's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.92 people.
The majority of houses, apartments or condos in Union City were built after 1946.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 9.30% |
| One Bedroom | 35.10% |
| Two Bedrooms | 35.80% |
| Three Bedrooms | 14.40% |
| Four Bedrooms | 3.40% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.12 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $141,000 |
| Median Price asked for vacant units | $268,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1947 |
| Median Monthly Rent asked for vacant units | $547 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.60% |
| Second Mortgage | 8.80% |
| Home Equity Loan | 1.80% |
| Simple Mortgage | 51% |
| Debt Free | 37.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 30.1% |
