Newton, NJ Real Estate

According to census data in the year 2000 there were 3,425 housing units in Newton. This represents a 10% growth from 3,115 in 1990.

Of those housing units, 3,425 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newton is about 48.9%. Newton's vacancy rate, including seasonal lodging, is about 4.9%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Newton were built after 1953.


Housing Size

Housing Units by Size
Studio Type3%
One Bedroom27.80%
Two Bedrooms24.10%
Three Bedrooms30.70%
Four Bedrooms11.90%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1951
Median Value of occupied units$136,100
Median Price asked for vacant units$105,600

Rented Homes, Apartments and Condos

Average Household Size1.82
Median year structure was built1957
Median Monthly Rent asked for vacant units$673

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.30%
Home Equity Loan10.60%
Simple Mortgage60.60%
Debt Free24.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.7%