East Rutherford, NJ Real Estate
According to census data in the year 2000 there were 3,771 housing units in East Rutherford.
This represents a 1.2% decline from 3,817 in 1990.
Of those housing units, 3,771 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in East Rutherford is about 43.2%.
East Rutherford's vacancy rate, including seasonal lodging, is about 3.4%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in East Rutherford were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.30% |
| One Bedroom | 28.70% |
| Two Bedrooms | 37.10% |
| Three Bedrooms | 19.20% |
| Four Bedrooms | 6.60% |
| Five Bedrooms or more | 4.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.68 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $196,200 |
| Median Price asked for vacant units | $275,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $843 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.80% |
| Second Mortgage | 4.80% |
| Home Equity Loan | 8% |
| Simple Mortgage | 47.80% |
| Debt Free | 38.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
