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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