Merchantville, NJ Real Estate

According to census data in the year 2000 there were 1,607 housing units in Merchantville. This represents a 3% decline from 1,656 in 1990.

Of those housing units, 1,607 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Merchantville is about 60.1%. Merchantville's vacancy rate, including seasonal lodging, is about 5.2%. Average household size is 2.48 people.

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


Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom19.80%
Two Bedrooms22.70%
Three Bedrooms28.30%
Four Bedrooms17.40%
Five Bedrooms or more10.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.77
Median year structure was built1939
Median Value of occupied units$122,200
Median Price asked for vacant units$161,300

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1943
Median Monthly Rent asked for vacant units$669

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.80%
Home Equity Loan12.20%
Simple Mortgage49.20%
Debt Free32.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.6%