Garwood, NJ Real Estate
According to census data in the year 2000 there were 1,782 housing units in Garwood.
This represents a 1.9% growth from 1,748 in 1990.
Of those housing units, 1,782 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Garwood is about 63.1%.
Garwood's vacancy rate, including seasonal lodging, is about 2.9%.
Average household size is 2.4 people.
The majority of houses, apartments or condos in Garwood were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||1.70%|
Owned Homes, Apartments and Condos
|Average Household Size||2.77|
|Median year structure was built||1946|
|Median Value of occupied units||$181,500|
|Median Price asked for vacant units||$162,500|
Rented Homes, Apartments and Condos
|Average Household Size||1.76|
|Median year structure was built||1942|
|Median Monthly Rent asked for vacant units||$950|
Owners Finance Status
|Second Mortgage & Equity Loan||1%|
|Home Equity Loan||11%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||24.2%|