Cherry Hill, NJ Real Estate

According to census data in the year 2000 there were 5,264 housing units in Cherry Hill.

Of those housing units, 5,264 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cherry Hill is about 80.4%. Cherry Hill's vacancy rate, including seasonal lodging, is about 2.9%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Cherry Hill were built after 1965.


Housing Size

Housing Units by Size
Studio Type5.60%
One Bedroom7.40%
Two Bedrooms15.40%
Three Bedrooms38%
Four Bedrooms30.20%
Five Bedrooms or more3.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.65
Median year structure was built1964
Median Value of occupied units$141,300
Median Price asked for vacant units$151,900

Rented Homes, Apartments and Condos

Average Household Size2.18
Median year structure was built1968
Median Monthly Rent asked for vacant units$699

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage6.90%
Home Equity Loan8.90%
Simple Mortgage50.10%
Debt Free33.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.9%