Wayne, NJ Real Estate
According to census data in the year 2000 there were 19,228 housing units in Wayne.
This represents a 17.9% growth from 16,306 in 1990.
Of those housing units, 19,228 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wayne is about 82.1%.
Wayne's vacancy rate, including seasonal lodging, is about 2.4%.
Average household size is 2.74 people.
The majority of houses, apartments or condos in Wayne were built after 1965.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 13.50% |
| Two Bedrooms | 15.90% |
| Three Bedrooms | 35.30% |
| Four Bedrooms | 27% |
| Five Bedrooms or more | 7.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $284,800 |
| Median Price asked for vacant units | $255,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.88 |
| Median year structure was built | 1969 |
| Median Monthly Rent asked for vacant units | $1,107 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 7.50% |
| Home Equity Loan | 12.70% |
| Simple Mortgage | 51.50% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.5% |
