Verona, NJ Real Estate
According to census data in the year 2000 there were 5,719 housing units in Verona.
This represents a 0.1% growth from 5,713 in 1990.
Of those housing units, 5,719 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Verona is about 77.1%.
Verona's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Verona were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.60% |
| One Bedroom | 21.70% |
| Two Bedrooms | 15.10% |
| Three Bedrooms | 39% |
| Four Bedrooms | 17.30% |
| Five Bedrooms or more | 5.20% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.63 |
| Median year structure was built | 1949 |
| Median Value of occupied units | $237,900 |
| Median Price asked for vacant units | $165,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.73 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $917 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 8% |
| Home Equity Loan | 11.90% |
| Simple Mortgage | 54.30% |
| Debt Free | 25.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23% |
