West Paterson, NJ Real Estate
According to census data in the year 2000 there were 4,497 housing units in West Paterson.
This represents a 1.1% growth from 4,449 in 1990.
Of those housing units, 4,497 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 Paterson is about 57.5%.
West Paterson's vacancy rate, including seasonal lodging, is about 2.2%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in West Paterson were built after 1961.
|Housing Units by Size|
|Five Bedrooms or more||1.80%|
Owned Homes, Apartments and Condos
|Average Household Size||2.73|
|Median year structure was built||1959|
|Median Value of occupied units||$195,100|
|Median Price asked for vacant units||$275,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.18|
|Median year structure was built||1963|
|Median Monthly Rent asked for vacant units||$782|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||7.50%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.6%|