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Highland Park, NJ Real Estate


According to census data in the year 2000 there were 6,071 housing units in Highland Park. This represents a 0.6% decline from 6,106 in 1990.

Of those housing units, 6,071 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Highland Park is about 42%. Highland Park's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.37 people.

The majority of houses, apartments or condos in Highland Park were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type4%
One Bedroom31.50%
Two Bedrooms26.60%
Three Bedrooms25.60%
Four Bedrooms9.80%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1939
Median Value of occupied units$183,300

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1959
Median Monthly Rent asked for vacant units$889

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage8.10%
Home Equity Loan11.40%
Simple Mortgage47.20%
Debt Free33.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs20%