River Vale, NJ Real Estate

According to census data in the year 2000 there were 3,312 housing units in River Vale. This represents a 3.2% growth from 3,208 in 1990.

Of those housing units, 3,312 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in River Vale is about 91%. River Vale's vacancy rate, including seasonal lodging, is about 1.1%. Average household size is 2.87 people.

The majority of houses, apartments or condos in River Vale were built after 1964.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom7.10%
Two Bedrooms10.40%
Three Bedrooms35.90%
Four Bedrooms36%
Five Bedrooms or more10.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.97
Median year structure was built1964
Median Value of occupied units$350,300
Median Price asked for vacant units$225,000

Rented Homes, Apartments and Condos

Average Household Size1.85
Median year structure was built1969

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6%
Home Equity Loan12.90%
Simple Mortgage56.30%
Debt Free24.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22.7%