West New York, NJ Real Estate
According to census data in the year 2000 there were 17,360 housing units in West New York.
This represents a 9.9% growth from 15,794 in 1990.
Of those housing units, 17,360 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 New York is about 19.9%.
West New York's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in West New York were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 8.30% |
| One Bedroom | 34.40% |
| Two Bedrooms | 39.10% |
| Three Bedrooms | 15.40% |
| Four Bedrooms | 1.80% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.55 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $218,400 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.78 |
| Median year structure was built | 1951 |
| Median Monthly Rent asked for vacant units | $605 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.50% |
| Home Equity Loan | 0.90% |
| Simple Mortgage | 79.40% |
| Debt Free | 15.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 30.2% |
