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Montvale New Jersey Real Estate By Jennifer Hershey

Montvale New Jersey Real Estate

Montvale, New Jersey, is located in Bergen County, 11 miles NE of Paterson, New Jersey and 20 miles N of New York, New York. Montvale has a population of 7,034.

Montvale Homes

Montvale properties pool is 2,509 residential properties including Montvale new homes. Median age of real estate in Montvale is 1964. Average Household size is 3.18 people. 4% are one bedroom homes, 8% are 2 bedroom homes, 37% are 3 bedroom homes, 32% are 4 bedroom homes, and 19% are 5+ bedroom homes.

Montvale Mortgage Statistics

Montvale mortgages vs. USA median statistics

Homes Montvale USA
Homes With No Mortgage 28%
30%
Homes With Mortgage 72%
70%
First Mortgage Only 52%
54%
First & Second Mortgage or HELOC 20%
16%

Montvale Area Real Estate Tax

Montvale Real estate Tax: Median Real Estate Taxes (2000) were $5,463 comparing to 1999 Median Family income $ 104,047. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Montvale School District: Children make up 25.9% of Montvale population. Montvale has 1,825 under 18 years old residents, or 0.51 kids per one worker, or 0.73 kids per one household.

Montvale Real Estate & Montvale Homeownership

There are 426.53 or 17% one person households, 802.88 or 32% two person households, and 501.8 or 20% three person households in Montvale, New Jersey. Median residents age is 39.7, Senior citizens (65+) make up 884 or 12.6%% of Montvale population.

There are 3,562 workers (over 16 years of age) in Montvale. Of these, 88.18% drive to work. Approximately 5.08% of workers in Montvale take public transportation. An estimated 1.04% walk to work.

Median Montvale homeowner's housing expences are 21.8%

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

Type of Crime Montvale USA, 2003
Violent Crimes
2.84
47.5
Robberies
NaN
14.2
Aggravated Assaults
2.84
29.5
Property Crimes
103.78
358.8
Burglaries
9.95
74.0
Larceny-Thefts
88.14
241.5
Motor Vehicle Thefts
5.69
43.3

Invest in Montvale Properties

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

Category Montvale USA
Near Medium City
Paterson, New Jersey
-
Near Large City
New York, New York
-
Montvale Zip Codes
07645
-
Montvale Area Codes
201
-
White population
92.79%
75.1%
African-American population
0.44%
12.3%
Asian
5.36%
3.6%
American Indian & Alaskan
0.09%
0.9%
Hispanic (of any race)
3.09%
12.5%
Median Family Income (1999)
$ 104,047%
$42,000
Population Below Poverty Level
0.88%
12.4%

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