Oakland, NJ Real Estate
According to census data in the year 2000 there were 4,345 housing units in Oakland.
This represents a 8.1% growth from 4,019 in 1990.
Of those housing units, 3,957 were located in either urbanized areas or urban clusters, and 388 were located in what is classified as a rural area.
Homeownership rate in Oakland is about 93.2%.
Oakland's vacancy rate, including seasonal lodging, is about 2.1%.
Average household size is 2.88 people.
The majority of houses, apartments or condos in Oakland were built after 1958.
|Housing Units by Size|
|Five Bedrooms or more||5.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.87|
|Median year structure was built||1959|
|Median Value of occupied units||$245,300|
|Median Price asked for vacant units||$308,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.89|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$1,125|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||12.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.8%|