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Phillipsburg, NJ Real Estate


According to census data in the year 2000 there were 6,651 housing units in Phillipsburg. This represents a 0.4% growth from 6,626 in 1990.

Of those housing units, 6,651 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Phillipsburg is about 57.1%. Phillipsburg's vacancy rate, including seasonal lodging, is about 9.1%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Phillipsburg were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom14.40%
Two Bedrooms27.20%
Three Bedrooms45%
Four Bedrooms9.40%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1939
Median Value of occupied units$90,000
Median Price asked for vacant units$64,300

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1948
Median Monthly Rent asked for vacant units$526

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage6.60%
Home Equity Loan6.70%
Simple Mortgage49.70%
Debt Free36.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.3%