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Spotswood, NJ Housing

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As of 2010-2014, median price of a house in Spotswood is $291,500, which is lower than the state average of $319,900 and is much higher than the national average of $175,700. The Spotswood median house value has grown by 87.94% since 2000. The growth rate for the price of a house in Spotswood is about the same as the state average rate of 87.30% and is much higher than the national average rate of 46.91%. The median year that a house in Spotswood was built is 1966, which is about the same as the median year for a house built in the state which is 1966 and is older than the median year for a house built in the USA which is 1976.

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 2,759 Owner Occupied Houses in Spotswood, NJ, #281

Spotswood, NJ	291,500 USD
New Jersey	319,900 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #213

Spotswood, NJ	87.94%
New Jersey	87.30%
U.S.	46.91%

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

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Spotswood, NJ	New Jersey	U.S.
Total Housing Units	3,364, see rank, 100%	3,572,138	132,741,033
Occupied Housing Units	3,217, 95.63%, see rank	89.26%	87.55%
Owner Occupied	2,759, 82.02%, see rank	58.06%	56.34%
Renter Occupied	458, 13.61%, see rank	31.20%	31.21%
Vacant Housing Units	147, 4.37%, see rank	10.74%	12.45%
For Rent	22, 0.65%, see rank	2.18%	2.34%
For Sale Only	62, 1.84%, see rank	1.02%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.70%	0.92%
For Seasonal, Recreational, or Occasional Use	28, 0.83%, see rank	3.72%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	35, 1.04%, see rank	3.11%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #193

Spotswood, NJ	New Jersey	U.S.
1966	1966	1976

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

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Spotswood, NJ	%	New Jersey	U.S.
Owner-Occupied Units	2,759	100%	2,073,915	74,787,460
With a Mortgage	1,773	64.26%, see rank	69.83%	65.58%
Without a Mortgage	986	35.74%, see rank	30.17%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Spotswood, NJ	2,415 USD
New Jersey	2,428 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Spotswood, NJ	%	New Jersey	U.S.
$299 or Less	0	0.00%, see rank	0.04%	0.20%
$300 to $499	0	0.00%, see rank	0.35%	1.59%
$500 to $699	0	0.00%, see rank	0.83%	5.01%
$700 to $999	38	2.14%, see rank	2.80%	14.32%
$1,000 to $1,499	168	9.48%, see rank	11.13%	27.90%
$1,500 to $1,999	314	17.71%, see rank	17.94%	20.35%
$2,000 to $2,999	801	45.18%, see rank	36.29%	19.52%
$3,000 or More	452	25.49%, see rank	30.63%	11.12%

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

Spotswood, NJ	29.60% of the Total Income
New Jersey	27.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spotswood, NJ	%	New Jersey	U.S.
10% or Less	56	3.16%, see rank	3.98%	5.86%
10% to 20%	375	21.15%, see rank	23.73%	31.95%
20% to 30%	466	26.28%, see rank	28.42%	27.64%
30% to 40%	351	19.80%, see rank	16.62%	13.74%
40% or More	514	28.99%, see rank	26.85%	20.29%

*Based on 2010-2014 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

Spotswood, NJ	927 USD
New Jersey	972 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Spotswood, NJ	%	New Jersey	U.S.
$199 or Less	0	0.00%, see rank	1.19%	7.76%
$200 to $299	10	1.01%, see rank	1.66%	14.70%
$300 to $499	88	8.92%, see rank	6.42%	34.63%
$500 to $699	74	7.51%, see rank	13.17%	21.16%
$700 or More	814	82.56%, see rank	77.56%	21.75%

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

Spotswood, NJ	19.60% of the Total Income
New Jersey	18.40% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Spotswood, NJ	%	New Jersey	U.S.
10% or Less	149	15.11%, see rank	21.71%	40.19%
10% to 20%	352	35.70%, see rank	32.37%	31.47%
20% to 30%	116	11.76%, see rank	16.94%	12.24%
30% to 40%	93	9.43%, see rank	9.46%	5.64%
40% or More	276	27.99%, see rank	18.56%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Spotswood, NJ	New Jersey	U.S.
Total Housing Units	3,364, 100%	3,572,138	132,741,033
1-unit, Detached	2,390, 71.05%, see rank	53.67%	61.65%
1-unit, Attached	177, 5.26%, see rank	9.26%	5.82%
2 Units	80, 2.38%, see rank	9.53%	3.75%
3 or 4 Units	26, 0.77%, see rank	6.43%	4.43%
5 to 9 Units	12, 0.36%, see rank	4.80%	4.78%
10 or More Units	371, 11.03%, see rank	15.34%	13.08%
Mobile Home, Boat, RV, Van, etc.	308, 9.16%, see rank	0.98%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Spotswood, NJ	New Jersey	U.S.
Total Housing Units	3,364, 100%	3,572,138	132,741,033
1 Room	46, 1.37%, see rank	2.71%	1.95%
2 Rooms	68, 2.02%, see rank	2.15%	2.48%
3 Rooms	266, 7.91%, see rank	10.30%	9.13%
4 Rooms	352, 10.46%, see rank	15.19%	16.60%
5 Rooms	451, 13.41%, see rank	16.72%	20.41%
6 Rooms	818, 24.32%, see rank	16.15%	18.06%
7 Rooms	558, 16.59%, see rank	12.48%	12.27%
8 Rooms	471, 14.00%, see rank	10.49%	8.48%
9 Rooms or More	334, 9.93%, see rank	13.81%	10.60%
Median Rooms	6.10, see rank	5.70	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Spotswood, NJ	New Jersey	U.S.
Total Housing Units	3,364, 100%	3,572,138	132,741,033
No Bedroom	46, 1.37%, see rank	2.88%	2.17%
1 Bedroom	319, 9.48%, see rank	14.18%	11.16%
2 Bedrooms	808, 24.02%, see rank	25.93%	26.69%
3 Bedrooms	1,386, 41.20%, see rank	32.62%	39.70%
4 Bedrooms	676, 20.10%, see rank	18.83%	16.05%
5 or More Bedrooms	129, 3.83%, see rank	5.56%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Spotswood, NJ	New Jersey	U.S.
Total Housing Units	3,217, 100%	3,188,498	116,211,092
Utility Gas	2,625, 81.60%, see rank	74.16%	48.85%
Bottled, Tank, or LP Gas	207, 6.43%, see rank	1.94%	4.86%
Electricity	191, 5.94%, see rank	11.66%	36.68%
Fuel Oil, Kerosene, etc.	160, 4.97%, see rank	11.10%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	11, 0.34%, see rank	0.44%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.32%	0.47%
No Fuel Used	23, 0.71%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Spotswood, NJ	New Jersey	U.S.
Occupied Units Paying Rent	447, 100%	1,077,463	39,201,928
$199 or Less	0, 0.00%, see rank	1.46%	1.50%
$200 to $299	10, 2.24%, see rank	3.04%	3.18%
$300 to $499	136, 30.43%, see rank	3.86%	7.37%
$500 to $699	31, 6.94%, see rank	4.64%	16.01%
$700 to $999	148, 33.11%, see rank	19.19%	29.17%
$1,000 to $1,499	60, 13.42%, see rank	40.89%	26.88%
$1,500 to $1,999	62, 13.87%, see rank	17.11%	9.79%
$2,000 or More	0, 0.00%, see rank	9.81%	6.10%
Median	$749, see rank	$1,188	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Spotswood, NJ	New Jersey	U.S.
Occupied Housing Units	3,217, 100%	3,188,498	116,211,092
No Vehicles Available	240, 7.46%, see rank	11.70%	9.12%
1 Vehicles Available	1,005, 31.24%, see rank	34.71%	33.80%
2 Vehicles Available	1,330, 41.34%, see rank	36.16%	37.48%
3 or More Vehicles Available	642, 19.96%, see rank	17.43%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.