South Bound Brook, NJ Real Estate
According to census data in the year 2000 there were 1,676 housing units in South Bound Brook.
This represents a 0.1% decline from 1,677 in 1990.
Of those housing units, 1,676 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in South Bound Brook is about 58.5%.
South Bound Brook's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.75 people.
The majority of houses, apartments or condos in South Bound Brook were built after 1954.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 6.20% |
| One Bedroom | 16.30% |
| Two Bedrooms | 24.50% |
| Three Bedrooms | 40.60% |
| Four Bedrooms | 10.30% |
| Five Bedrooms or more | 2.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.82 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $132,800 |
| Median Price asked for vacant units | $95,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.66 |
| Median year structure was built | 1956 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6% |
| Home Equity Loan | 10% |
| Simple Mortgage | 54% |
| Debt Free | 30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.6% |
