West Caldwell, NJ Real Estate
According to census data in the year 2000 there were 4,044 housing units in West Caldwell.
This represents a 12.8% growth from 3,584 in 1990.
Of those housing units, 4,044 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Caldwell is about 86.2%.
West Caldwell's vacancy rate, including seasonal lodging, is about 1.3%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in West Caldwell were built after 1957.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6.20% |
| Two Bedrooms | 16.60% |
| Three Bedrooms | 42.20% |
| Four Bedrooms | 27.60% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.9 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $265,900 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.8 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $1,875 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 6.20% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 52.40% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.9% |
