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 Size

Housing Units by Size
Studio Type0.30%
One Bedroom11.40%
Two Bedrooms13.10%
Three Bedrooms31.90%
Four Bedrooms26.90%
Five Bedrooms or more16.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.93
Median year structure was built1965
Median Value of occupied units$346,400

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1962

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage7.70%
Home Equity Loan12.20%
Simple Mortgage52.40%
Debt Free27.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.8%