West Orange, NJ Real Estate
According to census data in the year 2000 there were 16,825 housing units in West Orange.
This represents a 10.3% growth from 15,256 in 1990.
Of those housing units, 16,825 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in West Orange is about 70.2%.
West Orange's vacancy rate, including seasonal lodging, is about 2.6%.
Average household size is 2.67 people.
The majority of houses, apartments or condos in West Orange were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.10% |
| One Bedroom | 14.50% |
| Two Bedrooms | 23.90% |
| Three Bedrooms | 36.70% |
| Four Bedrooms | 18.10% |
| Five Bedrooms or more | 5.60% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $209,200 |
| Median Price asked for vacant units | $219,200 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.23 |
| Median year structure was built | 1957 |
| Median Monthly Rent asked for vacant units | $724 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 10.50% |
| Simple Mortgage | 53.80% |
| Debt Free | 29.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 22.4% |
