Ridgewood, NJ Real Estate
According to census data in the year 2000 there were 8,802 housing units in Ridgewood.
This represents a 1.6% growth from 8,666 in 1990.
Of those housing units, 8,802 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Ridgewood is about 80%.
Ridgewood's vacancy rate, including seasonal lodging, is about 2.3%.
Average household size is 2.87 people.
The majority of houses, apartments or condos in Ridgewood were built after 1945.
|Housing Units by Size|
|Five Bedrooms or more||14.60%|
Owned Homes, Apartments and Condos
|Average Household Size||3.04|
|Median year structure was built||1943|
|Median Value of occupied units||$387,200|
|Median Price asked for vacant units||$422,200|
Rented Homes, Apartments and Condos
|Average Household Size||2.19|
|Median year structure was built||1953|
|Median Monthly Rent asked for vacant units||$1,404|
Owners Finance Status
|Second Mortgage & Equity Loan||0.30%|
|Home Equity Loan||13.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||21.6%|