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Newton, NJ Housing

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As of 2006-2010, median price of a house in Newton is $264,500, which is lower than the state average of $339,200 and is higher than the national average of $179,900. The Newton median house value has grown by 94.34% since 2000. The growth rate for the price of a house in Newton is lower than the state average rate of 98.59% and is much higher than the national average rate of 50.42%. The median year that a house in Newton was built is 1955, which is older than the median year for a house built in the state which is 1964 and is older than the median year for a house built in the USA which is 1975.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,741 Owner Occupied Houses in Newton, NJ, #389

Newton, NJ	264,500 USD
New Jersey	357,000 USD
U.S.	188,400 USD

Median House Price Growth Since 2000, #305

Newton, NJ	94.34%
New Jersey	98.59%
U.S.	50.42%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2006-2010 data. View historical house value data.

Housing Occupancy

	Newton, NJ	%	New Jersey	U.S.
Total Housing Units	3,479, see rank	100%	3,553,562	131,704,730
Occupied Housing Units	3,170	91.12%, see rank	90.45%	88.62%
Owner Occupied	1,563	44.93%, see rank	59.17%	57.69%
Renter Occupied	1,607	46.19%, see rank	31.29%	30.93%
Vacant Housing Units	309	8.88%, see rank	9.55%	11.38%
For Rent	137	3.94%, see rank	2.59%	3.14%
For Sale Only	53	1.52%, see rank	1.10%	1.44%
Rented or Sold, Not Occupied	11	0.32%, see rank	0.36%	0.48%
For Seasonal, Recreational, or Occasional Use	11	0.32%, see rank	3.80%	3.53%
For Migrant Workers	0	0.00%, see rank	0.00%	0.02%
Other Vacant	97	2.79%, see rank	1.69%	2.77%

*Based on 2010 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #353

Newton, NJ	New Jersey	U.S.
1955	1964	1975

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2006-2010 data. View historical year structure built data.

Mortgage Status

	Newton, NJ	%	New Jersey	U.S.
Owner-Occupied Units	1,741	100%	2,126,279	76,089,650
With a Mortgage	1,292	74.21%, see rank	71.16%	67.94%
Without a Mortgage	449	25.79%, see rank	28.84%	32.06%

*Based on 2006-2010 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Newton, NJ	2,309 USD
New Jersey	2,373 USD
U.S.	1,524 USD

Owner Costs Distribution

Monthly Owner Costs	Newton, NJ	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.06%	0.22%
$300 to $499	0	0.00%, see rank	0.42%	1.85%
$500 to $699	11	0.85%, see rank	1.04%	5.39%
$700 to $999	16	1.24%, see rank	3.25%	14.41%
$1,000 to $1,499	138	10.68%, see rank	12.15%	27.08%
$1,500 to $1,999	292	22.60%, see rank	18.70%	19.94%
$2,000 to $2,999	630	48.76%, see rank	34.84%	19.39%
$3,000 or More	205	15.87%, see rank	29.54%	11.73%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Newton, NJ	31.60% of the Total Income
New Jersey	28.50% of the Total Income
U.S.	25.00% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Newton, NJ	%	New Jersey	U.S.
10% or Less	37	2.86%, see rank	3.79%	4.85%
10% to 20%	121	9.37%, see rank	21.64%	28.90%
20% to 30%	420	32.51%, see rank	28.47%	28.42%
30% to 40%	317	24.54%, see rank	18.00%	15.27%
40% or More	397	30.73%, see rank	27.80%	22.15%

*Based on 2006-2010 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Newton, NJ	854 USD
New Jersey	882 USD
U.S.	431 USD

Owner Costs Distribution

Monthly Owner Costs	Newton, NJ	%	New Jersey	U.S.
$199 or Less	8	1.78%, see rank	1.07%	8.92%
$200 to $299	0	0.00%, see rank	1.68%	16.68%
$300 to $499	30	6.68%, see rank	7.75%	35.65%
$500 to $699	72	16.04%, see rank	17.98%	20.07%
$700 or More	339	75.50%, see rank	71.53%	18.68%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Newton, NJ	31.60% of the Total Income
New Jersey	18.70% of the Total Income
U.S.	12.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Newton, NJ	%	New Jersey	U.S.
10% or Less	47	10.47%, see rank	20.75%	38.92%
10% to 20%	89	19.82%, see rank	32.44%	31.98%
20% to 30%	82	18.26%, see rank	17.57%	12.67%
30% to 40%	63	14.03%, see rank	9.69%	5.90%
40% or More	168	37.42%, see rank	18.80%	9.51%

*Based on 2006-2010 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Newton, NJ	%	New Jersey	U.S.
Total Housing Units	3,545	100%	3,529,033	130,038,080
1-unit, Detached	1,686	47.56%, see rank	53.84%	61.62%
1-unit, Attached	172	4.85%, see rank	9.22%	5.74%
2 Units	350	9.87%, see rank	9.45%	3.88%
3 or 4 Units	206	5.81%, see rank	6.53%	4.47%
5 to 9 Units	286	8.07%, see rank	4.96%	4.84%
10 or More Units	812	22.91%, see rank	14.96%	12.68%
Mobile Home, Boat, RV, Van, etc.	33	0.93%, see rank	1.04%	6.76%

*Based on 2006-2010 data. View historical units in structure data.

Rooms

	Newton, NJ	%	New Jersey	U.S.
Total Housing Units	3,545	100%	3,529,033	130,038,080
1 Room	67	1.89%, see rank	2.63%	1.59%
2 Rooms	184	5.19%, see rank	2.55%	2.62%
3 Rooms	707	19.94%, see rank	10.37%	9.02%
4 Rooms	506	14.27%, see rank	14.90%	16.85%
5 Rooms	493	13.91%, see rank	16.58%	20.93%
6 Rooms	552	15.57%, see rank	16.33%	18.56%
7 Rooms	482	13.60%, see rank	12.78%	12.38%
8 Rooms	308	8.69%, see rank	10.67%	8.39%
9 Rooms or More	246	6.94%, see rank	13.18%	9.65%
Median Rooms	5.10, see rank	-	5.70	5.50

*Based on 2006-2010 data. View historical rooms data.

Bedrooms

	Newton, NJ	%	New Jersey	U.S.
Total Housing Units	3,545	100%	3,529,033	130,038,080
No Bedroom	88	2.48%, see rank	2.85%	1.84%
1 Bedroom	955	26.94%, see rank	14.34%	11.32%
2 Bedrooms	926	26.12%, see rank	25.84%	27.20%
3 Bedrooms	992	27.98%, see rank	32.59%	39.80%
4 Bedrooms	545	15.37%, see rank	18.85%	15.80%
5 or More Bedrooms	39	1.10%, see rank	5.53%	4.04%

*Based on 2006-2010 data. View historical bedrooms data.

House Heating Fuel

	Newton, NJ	%	New Jersey	U.S.
Total Housing Units	3,390	100%	3,176,069	114,235,996
Utility Gas	1,305	38.50%, see rank	72.51%	49.91%
Bottled, Tank, or LP Gas	47	1.39%, see rank	2.05%	5.38%
Electricity	617	18.20%, see rank	10.55%	34.20%
Fuel Oil, Kerosene, etc.	1,413	41.68%, see rank	13.98%	7.07%
Coal or Coke	0	0.00%, see rank	0.04%	0.12%
Wood	0	0.00%, see rank	0.35%	1.97%
Solar Energy	0	0.00%, see rank	0.01%	0.03%
Other Fuel	0	0.00%, see rank	0.27%	0.42%
No Fuel Used	8	0.24%, see rank	0.26%	0.90%

*Based on 2006-2010 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Newton, NJ	%	New Jersey	U.S.
Occupied Units Paying Rent	1,581	100%	1,014,870	35,969,315
$199 or Less	47	2.97%, see rank	2.14%	2.25%
$200 to $299	91	5.76%, see rank	3.02%	3.41%
$300 to $499	98	6.20%, see rank	4.16%	9.80%
$500 to $699	53	3.35%, see rank	6.64%	19.41%
$700 to $999	626	39.60%, see rank	25.28%	29.88%
$1,000 to $1,499	508	32.13%, see rank	38.66%	23.51%
$1,500 to $1,999	122	7.72%, see rank	13.36%	7.56%
$2,000 or More	36	2.28%, see rank	6.74%	4.16%
Median	$949, see rank	-	$1,092	$841

*Based on 2006-2010 data. View historical gross rent data.

Vehicle Available

	Newton, NJ	%	New Jersey	U.S.
Occupied Housing Units	3,390	100%	3,176,069	114,235,996
No Vehicles Available	555	16.37%, see rank	11.70%	8.85%
1 Vehicles Available	1,343	39.62%, see rank	34.26%	33.28%
2 Vehicles Available	1,098	32.39%, see rank	36.86%	37.87%
3 or More Vehicles Available	394	11.62%, see rank	17.18%	20.00%

*Based on 2006-2010 data. View historical vehicle available data.