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 Type | 1.20% |
| One Bedroom | 22.90% |
| Two Bedrooms | 28% |
| Three Bedrooms | 34.40% |
| Four Bedrooms | 11.90% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.12 |
| Median year structure was built | 1942 |
| Median Value of occupied units | $119,000 |
| Median Price asked for vacant units | $131,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1946 |
| Median Monthly Rent asked for vacant units | $532 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 6.90% |
| Home Equity Loan | 13% |
| Simple Mortgage | 50.30% |
| Debt Free | 29.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.1% |
