Home

Wharton, NJ Real Estate


According to census data in the year 2000 there were 2,394 housing units in Wharton. This represents a 12.8% growth from 2,122 in 1990.

Of those housing units, 2,394 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Wharton is about 62.4%. Wharton's vacancy rate, including seasonal lodging, is about 2.8%. Average household size is 2.7 people.

The majority of houses, apartments or condos in Wharton were built after 1956.

Statistics

Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom14.70%
Two Bedrooms30.30%
Three Bedrooms30.90%
Four Bedrooms17.70%
Five Bedrooms or more5.20%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1956
Median Value of occupied units$165,300
Median Price asked for vacant units$187,500

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1957
Median Monthly Rent asked for vacant units$475

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.30%
Home Equity Loan11.70%
Simple Mortgage50.60%
Debt Free27.40%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%