Demarest, NJ Real Estate

According to census data in the year 2000 there were 1,634 housing units in Demarest. This represents a 1.5% growth from 1,610 in 1990.

Of those housing units, 1,634 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Demarest is about 91.8%. Demarest's vacancy rate, including seasonal lodging, is about 2%. Average household size is 3.02 people.

The majority of houses, apartments or condos in Demarest were built after 1957.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom2.90%
Two Bedrooms4%
Three Bedrooms41.70%
Four Bedrooms33%
Five Bedrooms or more17.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3
Median year structure was built1957
Median Value of occupied units$360,300
Median Price asked for vacant units$625,000

Rented Homes, Apartments and Condos

Average Household Size3.16
Median year structure was built1962
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage6.40%
Home Equity Loan13.10%
Simple Mortgage48.50%
Debt Free31.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.1%