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Westfield, NJ Real Estate


According to census data in the year 2000 there were 10,819 housing units in Westfield. This represents a 2.2% growth from 10,588 in 1990.

Of those housing units, 10,819 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Westfield is about 81.6%. Westfield's vacancy rate, including seasonal lodging, is about 1.8%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Westfield were built after 1948.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom8.80%
Two Bedrooms14.70%
Three Bedrooms34.30%
Four Bedrooms30.60%
Five Bedrooms or more11.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1948
Median Value of occupied units$346,000
Median Price asked for vacant units$279,200

Rented Homes, Apartments and Condos

Average Household Size1.84
Median year structure was built1949
Median Monthly Rent asked for vacant units$1,061

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.40%
Home Equity Loan11.60%
Simple Mortgage54.20%
Debt Free27.40%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.7%