Rockaway, NJ Real Estate
According to census data in the year 2000 there were 2,491 housing units in Rockaway.
This represents a 5.8% growth from 2,355 in 1990.
Of those housing units, 2,491 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Rockaway is about 68.7%.
Rockaway's vacancy rate, including seasonal lodging, is about 1.8%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Rockaway were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 14.20% |
| Two Bedrooms | 19.90% |
| Three Bedrooms | 38.10% |
| Four Bedrooms | 21.40% |
| Five Bedrooms or more | 4.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1956 |
| Median Value of occupied units | $187,200 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.34 |
| Median year structure was built | 1952 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 7.20% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 55.40% |
| Debt Free | 24.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.3% |
