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Echelon, NJ Real Estate


According to census data in the year 2000 there were 5,328 housing units in Echelon.

Of those housing units, 5,328 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Echelon is about 42.1%. Echelon's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.08 people.

The majority of houses, apartments or condos in Echelon were built after 1980.

Statistics

Housing Size

Housing Units by Size
Studio Type6.50%
One Bedroom33.20%
Two Bedrooms26.70%
Three Bedrooms18.40%
Four Bedrooms14.60%
Five Bedrooms or more0.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.61
Median year structure was built1977
Median Value of occupied units$126,600
Median Price asked for vacant units$154,200

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1981
Median Monthly Rent asked for vacant units$756

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage6.10%
Home Equity Loan8.90%
Simple Mortgage60.30%
Debt Free24.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.1%