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Bernardsville, NJ Real Estate


According to census data in the year 2000 there were 2,807 housing units in Bernardsville. This represents a 9.6% growth from 2,561 in 1990.

Of those housing units, 1,993 were located in either urbanized areas or urban clusters, and 814 were located in what is classified as a rural area.

Homeownership rate in Bernardsville is about 83.4%. Bernardsville's vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.69 people.

The majority of houses, apartments or condos in Bernardsville were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type1%
One Bedroom5.90%
Two Bedrooms13.30%
Three Bedrooms31.10%
Four Bedrooms32.80%
Five Bedrooms or more15.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.8
Median year structure was built1960
Median Value of occupied units$409,700

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage5.70%
Home Equity Loan15.70%
Simple Mortgage54.70%
Debt Free22.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20%