Somerdale, NJ Real Estate
According to census data in the year 2000 there were 2,183 housing units in Somerdale.
This represents a 1.5% growth from 2,150 in 1990.
Of those housing units, 2,183 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Somerdale is about 71.1%.
Somerdale's vacancy rate, including seasonal lodging, is about 4.6%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Somerdale were built after 1960.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.40% |
| One Bedroom | 17.40% |
| Two Bedrooms | 15% |
| Three Bedrooms | 44.80% |
| Four Bedrooms | 19.60% |
| Five Bedrooms or more | 2.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $97,700 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.76 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $677 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 4.60% |
| Simple Mortgage | 48.20% |
| Debt Free | 37.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 20% |
