Fanwood, NJ Real Estate
According to census data in the year 2000 there were 2,615 housing units in Fanwood.
This represents a 4.3% growth from 2,507 in 1990.
Of those housing units, 2,615 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Fanwood is about 92%.
Fanwood's vacancy rate, including seasonal lodging, is about 1.6%.
Average household size is 2.76 people.
The majority of houses, apartments or condos in Fanwood were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||2.30%|
Owned Homes, Apartments and Condos
|Average Household Size||2.82|
|Median year structure was built||1953|
|Median Value of occupied units||$224,300|
|Median Price asked for vacant units||$187,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.01|
|Median year structure was built||1958|
|Median Monthly Rent asked for vacant units||$1,625|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||12.30%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.5%|