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Chester, NJ Real Estate


According to census data in the year 2000 there were 627 housing units in Chester. This represents a 27.4% growth from 492 in 1990.

Of those housing units, 627 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Chester is about 77%. Chester's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Chester were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom13.60%
Two Bedrooms19%
Three Bedrooms25%
Four Bedrooms36.40%
Five Bedrooms or more6.10%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.95
Median year structure was built1971
Median Value of occupied units$313,600
Median Price asked for vacant units$208,300

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1965
Median Monthly Rent asked for vacant units$425

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.40%
Home Equity Loan17.50%
Simple Mortgage54.60%
Debt Free21.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.5%