Berkeley Heights, NJ Real Estate
According to census data in the year 2000 there were 4,562 housing units in Berkeley Heights.
This represents a 16.3% growth from 3,924 in 1990.
Of those housing units, 4,562 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Berkeley Heights is about 91.9%.
Berkeley Heights's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.89 people.
The majority of houses, apartments or condos in Berkeley Heights were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||9.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.94|
|Median year structure was built||1961|
|Median Value of occupied units||$324,900|
Rented Homes, Apartments and Condos
|Average Household Size||2.38|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$1,792|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||11.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|