Orange, NJ Real Estate
According to census data in the year 2000 there were 12,665 housing units in Orange.
This represents a 2.8% growth from 12,318 in 1990.
Of those housing units, 12,665 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Orange is about 25.4%.
Orange's vacancy rate, including seasonal lodging, is about 6.2%.
Average household size is 2.73 people.
The majority of houses, apartments or condos in Orange were built after 1955.
|Housing Units by Size|
|Five Bedrooms or more||4.50%|
Owned Homes, Apartments and Condos
|Average Household Size||3.38|
|Median year structure was built||1942|
|Median Value of occupied units||$131,400|
|Median Price asked for vacant units||$78,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.5|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$622|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||9.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||24.3%|