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Woodcliff Lake, NJ Real Estate


According to census data in the year 2000 there were 1,842 housing units in Woodcliff Lake. This represents a 8.2% growth from 1,703 in 1990.

Of those housing units, 1,842 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Woodcliff Lake is about 94.6%. Woodcliff Lake's vacancy rate, including seasonal lodging, is about 1%. Average household size is 3.08 people.

The majority of houses, apartments or condos in Woodcliff Lake were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.70%
Two Bedrooms5.10%
Three Bedrooms29.70%
Four Bedrooms43.70%
Five Bedrooms or more18.80%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size3.11
Median year structure was built1965
Median Value of occupied units$450,700

Rented Homes, Apartments and Condos

Average Household Size2.52
Median year structure was built1950
Median Monthly Rent asked for vacant units$950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan10.60%
Simple Mortgage55.10%
Debt Free29.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs19.5%