Westwood, NJ Real Estate
According to census data in the year 2000 there were 4,610 housing units in Westwood.
This represents a 8.2% growth from 4,260 in 1990.
Of those housing units, 4,610 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Westwood is about 62%.
Westwood's vacancy rate, including seasonal lodging, is about 2.7%.
Average household size is 2.42 people.
The majority of houses, apartments or condos in Westwood were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.20% |
| One Bedroom | 24.90% |
| Two Bedrooms | 17.90% |
| Three Bedrooms | 34.30% |
| Four Bedrooms | 18.90% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.72 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $239,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.94 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $634 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.80% |
| Home Equity Loan | 12.80% |
| Simple Mortgage | 55.20% |
| Debt Free | 26.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.6% |
