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Washington, NJ Real Estate


According to census data in the year 2000 there were 2,876 housing units in Washington. This represents a 3.2% growth from 2,787 in 1990.

Of those housing units, 2,876 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 is about 51.7%. Washington's vacancy rate, including seasonal lodging, is about 5.3%. Average household size is 2.46 people.

The majority of houses, apartments or condos in Washington were built after 1944.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom22.90%
Two Bedrooms28%
Three Bedrooms34.40%
Four Bedrooms11.90%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.12
Median year structure was built1942
Median Value of occupied units$119,000
Median Price asked for vacant units$131,300

Rented Homes, Apartments and Condos

Average Household Size1.76
Median year structure was built1946
Median Monthly Rent asked for vacant units$532

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.90%
Home Equity Loan13%
Simple Mortgage50.30%
Debt Free29.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%