Fair Lawn, NJ Real Estate
According to census data in the year 2000 there were 12,006 housing units in Fair Lawn.
This represents a 2.1% growth from 11,759 in 1990.
Of those housing units, 12,006 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fair Lawn is about 80.1%.
Fair Lawn's vacancy rate, including seasonal lodging, is about 1.7%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in Fair Lawn were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 10% |
| Two Bedrooms | 19.30% |
| Three Bedrooms | 43.10% |
| Four Bedrooms | 23.70% |
| Five Bedrooms or more | 3.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1951 |
| Median Value of occupied units | $218,000 |
| Median Price asked for vacant units | $173,400 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1953 |
| Median Monthly Rent asked for vacant units | $925 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4.90% |
| Home Equity Loan | 8.40% |
| Simple Mortgage | 50.70% |
| Debt Free | 35.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.1% |
