Montvale, NJ Real Estate
According to census data in the year 2000 there were 2,590 housing units in Montvale.
This represents a 6.2% growth from 2,439 in 1990.
Of those housing units, 2,590 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Montvale is about 85.1%.
Montvale's vacancy rate, including seasonal lodging, is about 3.1%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Montvale were built after 1964.
|Housing Units by Size|
|Five Bedrooms or more||16.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.93|
|Median year structure was built||1965|
|Median Value of occupied units||$346,400|
Rented Homes, Apartments and Condos
|Average Household Size||2.06|
|Median year structure was built||1962|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||12.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.8%|