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Morristown, NY Real Estate


According to census data in the year 2000 there were 228 housing units in Morristown. This represents a 0.4% growth from 227 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 228 were located in what is classified as a rural area.

Homeownership rate in Morristown is about 73.9%. Morristown's vacancy rate, including seasonal lodging, is about 21.1%. Average household size is 2.56 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom10.10%
Two Bedrooms25.90%
Three Bedrooms42.10%
Four Bedrooms12.30%
Five Bedrooms or more9.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1939
Median Value of occupied units$42,100
Median Price asked for vacant units$32,500

Rented Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1947
Median Monthly Rent asked for vacant units$335

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan8.80%
Simple Mortgage46.90%
Debt Free38.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs22.4%