Cranford, NJ Real Estate
According to census data in the year 2000 there were 8,560 housing units in Cranford.
This represents a 1.8% growth from 8,405 in 1990.
Of those housing units, 8,560 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Cranford is about 82.9%.
Cranford's vacancy rate, including seasonal lodging, is about 1.9%.
Average household size is 2.62 people.
The majority of houses, apartments or condos in Cranford were built after 1950.
|Housing Units by Size|
|Five Bedrooms or more||4.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1949|
|Median Value of occupied units||$233,600|
|Median Price asked for vacant units||$240,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.69|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$1,308|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||10.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.6%|