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Englewood Cliffs, NJ Real Estate


According to census data in the year 2000 there were 1,889 housing units in Englewood Cliffs. This represents a 0.5% growth from 1,879 in 1990.

Of those housing units, 1,889 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Englewood Cliffs is about 91.5%. Englewood Cliffs's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.9 people.

The majority of houses, apartments or condos in Englewood Cliffs were built after 1965.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom1.70%
Two Bedrooms5.70%
Three Bedrooms33.70%
Four Bedrooms42.50%
Five Bedrooms or more16%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1965
Median Value of occupied units$507,100
Median Price asked for vacant units$562,500

Rented Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1962
Median Monthly Rent asked for vacant units$1,875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage4.10%
Home Equity Loan6.10%
Simple Mortgage45.80%
Debt Free43.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%