Mercerville-Hamilton Square, NJ Real Estate
According to census data in the year 2000 there were 9,564 housing units in Mercerville-Hamilton Square.
This represents a 2.1% growth from 9,365 in 1990.
Of those housing units, 9,564 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Mercerville-Hamilton Square is about 89.3%.
Mercerville-Hamilton Square's vacancy rate, including seasonal lodging, is about 1.3%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Mercerville-Hamilton Square were built after 1961.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 6% |
| Two Bedrooms | 12.70% |
| Three Bedrooms | 47.30% |
| Four Bedrooms | 29.90% |
| Five Bedrooms or more | 3.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.87 |
| Median year structure was built | 1961 |
| Median Value of occupied units | $151,400 |
| Median Price asked for vacant units | $112,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.62 |
| Median year structure was built | 1964 |
| Median Monthly Rent asked for vacant units | $685 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 47.90% |
| Debt Free | 33% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20.8% |
