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Oradell, NJ Real Estate


According to census data in the year 2000 there were 2,833 housing units in Oradell. This represents a 0.1% decline from 2,836 in 1990.

Of those housing units, 2,833 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Oradell is about 89.9%. Oradell's vacancy rate, including seasonal lodging, is about 1.6%. Average household size is 2.83 people.

The majority of houses, apartments or condos in Oradell were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom5.80%
Two Bedrooms9.90%
Three Bedrooms45.10%
Four Bedrooms29.30%
Five Bedrooms or more9.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.91
Median year structure was built1954
Median Value of occupied units$330,900
Median Price asked for vacant units$546,900

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1961

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.40%
Home Equity Loan7.80%
Simple Mortgage52.90%
Debt Free31.60%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.6%