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Fort Lee, NJ Housing

 
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As of 2010-2014, median price of a house in Fort Lee is $328,800, which is about the same as the state average of $319,900 and is much higher than the national average of $175,700. The Fort Lee median house value has grown by 14.56% since 2000. The growth rate for the price of a house in Fort Lee is much lower than the state average rate of 87.30% and is lower than the national average rate of 46.91%. The median year that a house in Fort Lee was built is 1967, 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 ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 9,563 Owner Occupied Houses in Fort Lee, NJ, #233
Fort Lee, NJ
328,800 USD
New Jersey
319,900 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #437
Fort Lee, NJ
14.56%
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

 Fort Lee, NJNew JerseyU.S.
Total Housing Units18,283, see rank, 100%3,572,138132,741,033
Occupied Housing Units16,604, 90.82%, see rank89.26%87.55%
Owner Occupied9,563, 52.31%, see rank58.06%56.34%
Renter Occupied7,041, 38.51%, see rank31.20%31.21%
Vacant Housing Units1,679, 9.18%, see rank10.74%12.45%
For Rent433, 2.37%, see rank2.18%2.34%
For Sale Only106, 0.58%, see rank1.02%1.20%
Rented or Sold, Not Occupied492, 2.69%, see rank0.70%0.92%
For Seasonal, Recreational, or Occasional Use106, 0.58%, see rank3.72%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant542, 2.96%, see rank3.11%4.00%

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

Year Structure Built

Median Built Year, #177
Fort Lee, NJNew JerseyU.S.
196719661976

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

 Fort Lee, NJ%New JerseyU.S.
Owner-Occupied Units9,563100%2,073,91574,787,460
With a Mortgage4,66148.74%, see rank69.83%65.58%
Without a Mortgage4,90251.26%, see rank30.17%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
Fort Lee, NJ
2,461 USD
New Jersey
2,428 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsFort Lee, NJ%New JerseyU.S.
$299 or Less80.17%, see rank0.04%0.20%
$300 to $4991272.72%, see rank0.35%1.59%
$500 to $6991372.94%, see rank0.83%5.01%
$700 to $9992755.90%, see rank2.80%14.32%
$1,000 to $1,49958512.55%, see rank11.13%27.90%
$1,500 to $1,99961813.26%, see rank17.94%20.35%
$2,000 to $2,9991,23426.48%, see rank36.29%19.52%
$3,000 or More1,67735.98%, see rank30.63%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fort Lee, NJ
28.90% 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
 Fort Lee, NJ%New JerseyU.S.
10% or Less4309.23%, see rank3.98%5.86%
10% to 20%79317.01%, see rank23.73%31.95%
20% to 30%1,21726.11%, see rank28.42%27.64%
30% to 40%53711.52%, see rank16.62%13.74%
40% or More1,62934.95%, see rank26.85%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
Fort Lee, NJ
1,001 USD
New Jersey
972 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsFort Lee, NJ%New JerseyU.S.
$199 or Less3447.02%, see rank1.19%7.76%
$200 to $2991382.82%, see rank1.66%14.70%
$300 to $49949710.14%, see rank6.42%34.63%
$500 to $6993316.75%, see rank13.17%21.16%
$700 or More3,59273.28%, see rank77.56%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Fort Lee, NJ
17.50% 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
 Fort Lee, NJ%New JerseyU.S.
10% or Less1,53531.31%, see rank21.71%40.19%
10% to 20%1,07421.91%, see rank32.37%31.47%
20% to 30%69114.10%, see rank16.94%12.24%
30% to 40%4198.55%, see rank9.46%5.64%
40% or More1,05621.54%, see rank18.56%9.16%

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

Units in Structure

 Fort Lee, NJNew JerseyU.S.
Total Housing Units18,283, 100%3,572,138132,741,033
1-unit, Detached2,359, 12.90%, see rank53.67%61.65%
1-unit, Attached1,149, 6.28%, see rank9.26%5.82%
2 Units1,441, 7.88%, see rank9.53%3.75%
3 or 4 Units661, 3.62%, see rank6.43%4.43%
5 to 9 Units818, 4.47%, see rank4.80%4.78%
10 or More Units11,824, 64.67%, see rank15.34%13.08%
Mobile Home, Boat, RV, Van, etc.31, 0.17%, see rank0.98%6.49%

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

Rooms

 Fort Lee, NJNew JerseyU.S.
Total Housing Units18,283, 100%3,572,138132,741,033
1 Room792, 4.33%, see rank2.71%1.95%
2 Rooms1,115, 6.10%, see rank2.15%2.48%
3 Rooms4,991, 27.30%, see rank10.30%9.13%
4 Rooms3,866, 21.15%, see rank15.19%16.60%
5 Rooms3,393, 18.56%, see rank16.72%20.41%
6 Rooms2,288, 12.51%, see rank16.15%18.06%
7 Rooms745, 4.07%, see rank12.48%12.27%
8 Rooms561, 3.07%, see rank10.49%8.48%
9 Rooms or More532, 2.91%, see rank13.81%10.60%
Median Rooms4.10, see rank5.705.50

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

Bedrooms

 Fort Lee, NJNew JerseyU.S.
Total Housing Units18,283, 100%3,572,138132,741,033
No Bedroom917, 5.02%, see rank2.88%2.17%
1 Bedroom6,691, 36.60%, see rank14.18%11.16%
2 Bedrooms6,016, 32.90%, see rank25.93%26.69%
3 Bedrooms3,496, 19.12%, see rank32.62%39.70%
4 Bedrooms816, 4.46%, see rank18.83%16.05%
5 or More Bedrooms347, 1.90%, see rank5.56%4.22%

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

House Heating Fuel

 Fort Lee, NJNew JerseyU.S.
Total Housing Units16,604, 100%3,188,498116,211,092
Utility Gas10,908, 65.70%, see rank74.16%48.85%
Bottled, Tank, or LP Gas186, 1.12%, see rank1.94%4.86%
Electricity3,600, 21.68%, see rank11.66%36.68%
Fuel Oil, Kerosene, etc.1,670, 10.06%, see rank11.10%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood0, 0.00%, see rank0.44%2.12%
Solar Energy0, 0.00%, see rank0.03%0.05%
Other Fuel112, 0.67%, see rank0.32%0.47%
No Fuel Used128, 0.77%, see rank0.32%1.00%

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

Gross Rent

Monthly RentalFort Lee, NJNew JerseyU.S.
Occupied Units Paying Rent6,774, 100%1,077,46339,201,928
$199 or Less108, 1.59%, see rank1.46%1.50%
$200 to $299196, 2.89%, see rank3.04%3.18%
$300 to $499244, 3.60%, see rank3.86%7.37%
$500 to $699124, 1.83%, see rank4.64%16.01%
$700 to $999683, 10.08%, see rank19.19%29.17%
$1,000 to $1,4992,190, 32.33%, see rank40.89%26.88%
$1,500 to $1,9991,196, 17.66%, see rank17.11%9.79%
$2,000 or More2,033, 30.01%, see rank9.81%6.10%
Median$1,464, see rank$1,188$920

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

Vehicle Available

 Fort Lee, NJNew JerseyU.S.
Occupied Housing Units16,604, 100%3,188,498116,211,092
No Vehicles Available2,237, 13.47%, see rank11.70%9.12%
1 Vehicles Available8,728, 52.57%, see rank34.71%33.80%
2 Vehicles Available4,565, 27.49%, see rank36.16%37.48%
3 or More Vehicles Available1,074, 6.47%, see rank17.43%19.61%

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


 
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