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Glen Ridge, NJ Real Estate


According to census data in the year 2000 there were 2,490 housing units in Glen Ridge. This represents a 0.8% growth from 2,470 in 1990.

Of those housing units, 2,490 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Glen Ridge is about 91%. Glen Ridge's vacancy rate, including seasonal lodging, is about 1.3%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Glen Ridge were built after 1939.

Statistics

Housing Size

Housing Units by Size
Studio Type1.30%
One Bedroom5.50%
Two Bedrooms9.70%
Three Bedrooms32.40%
Four Bedrooms27.40%
Five Bedrooms or more23.70%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1939
Median Value of occupied units$264,700
Median Price asked for vacant units$350,000

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1946

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.40%
Home Equity Loan13.20%
Simple Mortgage57.90%
Debt Free20.10%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%