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Emerson, NJ Real Estate


According to census data in the year 2000 there were 2,398 housing units in Emerson. This represents a 6.2% growth from 2,257 in 1990.

Of those housing units, 2,398 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Emerson is about 92.4%. Emerson's vacancy rate, including seasonal lodging, is about 1%. Average household size is 2.91 people.

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

Statistics

Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom1.80%
Two Bedrooms8.80%
Three Bedrooms49.60%
Four Bedrooms31.10%
Five Bedrooms or more8%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1956
Median Value of occupied units$260,600

Rented Homes, Apartments and Condos

Average Household Size2.22
Median year structure was built1957

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan11.20%
Simple Mortgage51.90%
Debt Free32.80%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs23.5%