Kinnelon, NJ Real Estate
According to census data in the year 2000 there were 3,123 housing units in Kinnelon.
This represents a 7.6% growth from 2,903 in 1990.
Of those housing units, 2,440 were located in either urbanized areas or urban clusters, and 683 were located in what is classified as a rural area.
Homeownership rate in Kinnelon is about 97.6%.
Kinnelon's vacancy rate, including seasonal lodging, is about 2%.
Average household size is 3.06 people.
The majority of houses, apartments or condos in Kinnelon were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.10% |
| One Bedroom | 1.60% |
| Two Bedrooms | 6.10% |
| Three Bedrooms | 33.70% |
| Four Bedrooms | 41.20% |
| Five Bedrooms or more | 17.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 3.06 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $354,000 |
| Median Price asked for vacant units | $145,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1959 |
| Median Monthly Rent asked for vacant units | $950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7% |
| Home Equity Loan | 14.40% |
| Simple Mortgage | 55% |
| Debt Free | 23.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
