Mercerville-Hamilton Square, NJ Real Estate

According to census data in the year 2000 there were 9,564 housing units in Mercerville-Hamilton Square. This represents a 2.1% growth from 9,365 in 1990.

Of those housing units, 9,564 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Mercerville-Hamilton Square is about 89.3%. Mercerville-Hamilton Square's vacancy rate, including seasonal lodging, is about 1.3%. Average household size is 2.74 people.

The majority of houses, apartments or condos in Mercerville-Hamilton Square were built after 1961.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom6%
Two Bedrooms12.70%
Three Bedrooms47.30%
Four Bedrooms29.90%
Five Bedrooms or more3.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1961
Median Value of occupied units$151,400
Median Price asked for vacant units$112,200

Rented Homes, Apartments and Condos

Average Household Size1.62
Median year structure was built1964
Median Monthly Rent asked for vacant units$685

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.10%
Home Equity Loan12.70%
Simple Mortgage47.90%
Debt Free33%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.8%