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West Caldwell, NJ Real Estate


According to census data in the year 2000 there were 4,044 housing units in West Caldwell. This represents a 12.8% growth from 3,584 in 1990.

Of those housing units, 4,044 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in West Caldwell is about 86.2%. West Caldwell's vacancy rate, including seasonal lodging, is about 1.3%. Average household size is 2.75 people.

The majority of houses, apartments or condos in West Caldwell were built after 1957.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6.20%
Two Bedrooms16.60%
Three Bedrooms42.20%
Four Bedrooms27.60%
Five Bedrooms or more6.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1956
Median Value of occupied units$265,900
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1968
Median Monthly Rent asked for vacant units$1,875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage6.20%
Home Equity Loan11.20%
Simple Mortgage52.40%
Debt Free29.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.9%