Montclair, NJ Real Estate

According to census data in the year 2000 there were 15,607 housing units in Montclair. This represents a 3.6% growth from 15,069 in 1990.

Of those housing units, 15,607 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Montclair is about 56.8%. Montclair's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.52 people.

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


Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom21.70%
Two Bedrooms21.90%
Three Bedrooms20.80%
Four Bedrooms15.80%
Five Bedrooms or more17.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1939
Median Value of occupied units$317,500
Median Price asked for vacant units$279,200

Rented Homes, Apartments and Condos

Average Household Size1.93
Median year structure was built1939
Median Monthly Rent asked for vacant units$900

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.60%
Home Equity Loan12.80%
Simple Mortgage57.10%
Debt Free22.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.3%