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 Type | 0.50% |
| One Bedroom | 8.80% |
| Two Bedrooms | 14.70% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 30.60% |
| Five Bedrooms or more | 11.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.97 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $346,000 |
| Median Price asked for vacant units | $279,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.84 |
| Median year structure was built | 1949 |
| Median Monthly Rent asked for vacant units | $1,061 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.40% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 54.20% |
| Debt Free | 27.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.7% |
