Ft. Lee, NJ Real Estate
According to census data in the year 2000 there were 17,446 housing units in Ft. Lee.
This represents a 3.6% growth from 16,847 in 1990.
Of those housing units, 17,446 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ft. Lee is about 56.3%.
Ft. Lee's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.14 people.
The majority of houses, apartments or condos in Ft. Lee were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7.20% |
| One Bedroom | 36.40% |
| Two Bedrooms | 32.40% |
| Three Bedrooms | 18.50% |
| Four Bedrooms | 3.90% |
| Five Bedrooms or more | 1.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.2 |
| Median year structure was built | 1966 |
| Median Value of occupied units | $287,000 |
| Median Price asked for vacant units | $225,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $1,154 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.70% |
| Second Mortgage | 3.40% |
| Home Equity Loan | 5.10% |
| Simple Mortgage | 53.30% |
| Debt Free | 37.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 25.4% |
