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Fanwood New Jersey Real Estate By Jennifer Hershey

Fanwood New Jersey Real Estate

Fanwood, New Jersey, is located in Union County, 6 miles SW of Union, New Jersey and 22 miles W of New York, New York. Fanwood has a population of 7,174.

Fanwood Homes

Fanwood properties pool is 2,574 residential properties including Fanwood new homes. Median age of real estate in Fanwood is 1953. Average Household size is 3.13 people. 0% are one bedroom homes, 7% are 2 bedroom homes, 66% are 3 bedroom homes, 25% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Fanwood Mortgage Statistics

Fanwood mortgages vs. USA median statistics

Homes Fanwood USA
Homes With No Mortgage 26%
30%
Homes With Mortgage 74%
70%
First Mortgage Only 57%
54%
First & Second Mortgage or HELOC 16%
16%

Fanwood Area Real Estate Tax

Fanwood Real estate Tax: Median Real Estate Taxes (2000) were $5,629 comparing to 1999 Median Family income $ 99,232. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Fanwood School District: Children make up 25.8% of Fanwood population. Fanwood has 1,851 under 18 years old residents, or 0.52 kids per one worker, or 0.72 kids per one household.

Fanwood Real Estate & Fanwood Homeownership

There are 463.32 or 18% one person households, 823.68 or 32% two person households, and 489.06 or 19% three person households in Fanwood, New Jersey. Median residents age is 38.6, Senior citizens (65+) make up 1,055 or 14.7%% of Fanwood population.

There are 3,552 workers (over 16 years of age) in Fanwood. Of these, 83.11% drive to work. Approximately 11.04% of workers in Fanwood take public transportation. An estimated 1.91% walk to work.

Median Fanwood homeowner's housing expences are 20.5%

Crime in Fanwood (2003), crimes per 10,000 residents per year

Type of Crime Fanwood USA, 2003
Violent Crimes
4.18
47.5
Robberies
1.39
14.2
Aggravated Assaults
2.79
29.5
Property Crimes
138
358.8
Burglaries
39.03
74.0
Larceny-Thefts
90.6
241.5
Motor Vehicle Thefts
8.36
43.3

Invest in Fanwood Properties

When making a decision about buying real estate in Fanwood New Jersey area, you should consider following statistical data:

Category Fanwood USA
Near Medium City
Union, New Jersey
-
Near Large City
New York, New York
-
Fanwood Zip Codes
07023
-
Fanwood Area Codes
908
-
White population
88.3%
75.1%
African-American population
5.14%
12.3%
Asian
4.39%
3.6%
American Indian & Alaskan
0.1%
0.9%
Hispanic (of any race)
3.74%
12.5%
Median Family Income (1999)
$ 99,232%
$42,000
Population Below Poverty Level
3.39%
12.4%

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