Pennington, NJ Real Estate
According to census data in the year 2000 there were 1,040 housing units in Pennington.
This represents a 9.8% growth from 947 in 1990.
Of those housing units, 1,040 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Pennington is about 84.9%.
Pennington's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.66 people.
The majority of houses, apartments or condos in Pennington were built after 1953.
|Housing Units by Size|
|Five Bedrooms or more||7.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1956|
|Median Value of occupied units||$283,800|
|Median Price asked for vacant units||$225,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.34|
|Median year structure was built||1939|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||15.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.7%|