Washington Township, NJ Real Estate
According to census data in the year 2000 there were 3,245 housing units in Washington Township.
This represents a 1.7% growth from 3,190 in 1990.
Of those housing units, 3,245 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Washington Township is about 96.1%.
Washington Township's vacancy rate, including seasonal lodging, is about 0.8%.
Average household size is 2.77 people.
The majority of houses, apartments or condos in Washington Township were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 1.10% |
| Two Bedrooms | 12.90% |
| Three Bedrooms | 46.60% |
| Four Bedrooms | 32.50% |
| Five Bedrooms or more | 7% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.75 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $287,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.35 |
| Median year structure was built | 1966 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 7.30% |
| Simple Mortgage | 51.60% |
| Debt Free | 34.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
