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Union, NJ Real Estate


According to census data in the year 2000 there were 20,001 housing units in Union. This represents a 3.4% growth from 19,334 in 1990.

Of those housing units, 20,001 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Union is about 76.5%. Union's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.71 people.

The majority of houses, apartments or condos in Union were built after 1953.

Statistics

Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom12.70%
Two Bedrooms22.90%
Three Bedrooms47.10%
Four Bedrooms14.80%
Five Bedrooms or more2.10%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.87
Median year structure was built1952
Median Value of occupied units$172,900
Median Price asked for vacant units$172,200

Rented Homes, Apartments and Condos

Average Household Size2.21
Median year structure was built1957
Median Monthly Rent asked for vacant units$698

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6%
Home Equity Loan9.50%
Simple Mortgage47.70%
Debt Free36.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.7%