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East Hanover Mortgage Quotes And Real Estate


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East Hanover Mortgage and Real Estate Facts

Overview

In East Hanover residents live in 3,843 "housing units" (houses, condos, rentals, etc.). According to the 2000 census, 94% of the housing in the town was owner-occupied.

East Hanover Mortgage

As with most places, mortgages are a fact of life for home owners in East Hanover; 69% of houses there have a mortgage. If you're thinking about using a second mortgage or home equity loan on your place in the town, you're not alone. About 15% of home owners have done that.

Mortgage and interest rate quotes for the East Hanover area (or anywhere else you choose in the US) are available, without obligation or credit checks:

East Hanover Mortgage Statistics

CategoryValue
Homes With No Mortgage31%
With A Mortgage69%
First Mortgage Only54%
Second Mortgage or Home Equity Loan15%
Second Mortgage Only6%
Home Equity Loan Only9%

East Hanover Housing Expenses

CategoryValue
Owner Costs as % of Income20.9%
Median Real Estate Taxes (2000)$4,170

East Hanover Household Size

CategoryValue
Total Occupied3,843
1-Person Households13%
2-Person Households32%
3-Person Households20%
4-Person Households21%
5-Person Households9%
6-Person Households3%
7+-Person Households1%

East Hanover Housing Stock

CategoryValue
Median Year Built1973
Median Year Built (Owner Occupied)1973
Median Year Built (Renter Occupied)1970

East Hanover Home Heating

CategoryValue
Using Utility Co. Gas Heat87%
Using Bottled/Tank Gas Heat0%
Using Electric Heat1%
Using Oil Heat11%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

East Hanover Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom2%
2 Bedrooms11%
3 Bedrooms38%
4 Bedrooms42%
5+ Bedrooms7%

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