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Washington Township, NJ Real Estate


According to census data in the year 2000 there were 3,245 housing units in Washington Township. This represents a 1.7% growth from 3,190 in 1990.

Of those housing units, 3,245 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Washington Township is about 96.1%. Washington Township's vacancy rate, including seasonal lodging, is about 0.8%. Average household size is 2.77 people.

The majority of houses, apartments or condos in Washington Township were built after 1961.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom1.10%
Two Bedrooms12.90%
Three Bedrooms46.60%
Four Bedrooms32.50%
Five Bedrooms or more7%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1961
Median Value of occupied units$287,800

Rented Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1966

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.60%
Home Equity Loan7.30%
Simple Mortgage51.60%
Debt Free34.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs23.3%