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Rockaway New Jersey Real Estate By Jennifer Hershey

Rockaway New Jersey Real Estate

Rockaway, New Jersey, is located in Morris County, 6 miles NW of Parsippany, New Jersey and 29 miles NW of New York, New York. Rockaway has a population of 6,473.

Rockaway Homes

Rockaway properties pool is 2,445 residential properties including Rockaway new homes. Median age of real estate in Rockaway is 1955. Average Household size is 3.16 people. 3% are one bedroom homes, 12% are 2 bedroom homes, 48% are 3 bedroom homes, 31% are 4 bedroom homes, and 6% are 5+ bedroom homes.

Rockaway Mortgage Statistics

Rockaway mortgages vs. USA median statistics

Homes Rockaway USA
Homes With No Mortgage 25%
30%
Homes With Mortgage 75%
70%
First Mortgage Only 55%
54%
First & Second Mortgage or HELOC 20%
16%

Rockaway Area Real Estate Tax

Rockaway Real estate Tax: Median Real Estate Taxes (2000) were $4,291 comparing to 1999 Median Family income $ 66,997. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Rockaway School District: Children make up 23.3% of Rockaway population. Rockaway has 1,505 under 18 years old residents, or 0.43 kids per one worker, or 0.62 kids per one household.

Rockaway Real Estate & Rockaway Homeownership

There are 586.8 or 24% one person households, 757.95 or 31% two person households, and 440.1 or 18% three person households in Rockaway, New Jersey. Median residents age is 37.8, Senior citizens (65+) make up 770 or 11.9%% of Rockaway population.

There are 3,530 workers (over 16 years of age) in Rockaway. Of these, 95.69% drive to work. Approximately 1.1% of workers in Rockaway take public transportation. An estimated 1.9% walk to work.

Median Rockaway homeowner's housing expences are 23.3%

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

Type of Crime Rockaway USA, 2003
Violent Crimes
NaN
47.5
Robberies
NaN
14.2
Aggravated Assaults
NaN
29.5
Property Crimes
NaN
358.8
Burglaries
NaN
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
NaN
43.3

Invest in Rockaway Properties

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

Category Rockaway USA
Near Medium City
Parsippany, New Jersey
-
Near Large City
New York, New York
-
Rockaway Zip Codes
07866
-
Rockaway Area Codes
973
-
White population
87.75%
75.1%
African-American population
1.41%
12.3%
Asian
6.36%
3.6%
American Indian & Alaskan
0.2%
0.9%
Hispanic (of any race)
9.39%
12.5%
Median Family Income (1999)
$ 66,997%
$42,000
Population Below Poverty Level
4.97%
12.4%

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