Verona, NJ Real Estate

According to census data in the year 2000 there were 5,719 housing units in Verona. This represents a 0.1% growth from 5,713 in 1990.

Of those housing units, 5,719 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Verona is about 77.1%. Verona's vacancy rate, including seasonal lodging, is about 2.3%. Average household size is 2.42 people.

The majority of houses, apartments or condos in Verona were built after 1951.


Housing Size

Housing Units by Size
Studio Type1.60%
One Bedroom21.70%
Two Bedrooms15.10%
Three Bedrooms39%
Four Bedrooms17.30%
Five Bedrooms or more5.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.63
Median year structure was built1949
Median Value of occupied units$237,900
Median Price asked for vacant units$165,300

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1962
Median Monthly Rent asked for vacant units$917

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage8%
Home Equity Loan11.90%
Simple Mortgage54.30%
Debt Free25.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23%