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Colonia, NJ Real Estate


According to census data in the year 2000 there were 6,250 housing units in Colonia. This represents a 0.7% growth from 6,209 in 1990.

Of those housing units, 6,250 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Colonia is about 90.1%. Colonia's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 2.87 people.

The majority of houses, apartments or condos in Colonia were built after 1958.

Statistics

Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom5.20%
Two Bedrooms8.50%
Three Bedrooms48.60%
Four Bedrooms33.10%
Five Bedrooms or more4.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1958
Median Value of occupied units$180,800
Median Price asked for vacant units$272,900

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1964
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.70%
Home Equity Loan10.70%
Simple Mortgage47.80%
Debt Free34.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.3%