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Scotch Plains Mortgage Quotes And Real Estate


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Scotch Plains Mortgage and Real Estate Facts

Overview

Scotch Plains has 8,349 housing units, combining houses, condominiums, and apartments. About 79% of housing units in the town are owner-occupied.

Scotch Plains Mortgage

About 72% of owner-occupied housing units in Scotch Plains have a mortgage of one type or another. Approximately 21% of housing units in the town carry a second mortgage or home equity loan.

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

Scotch Plains Mortgage Statistics

CategoryValue
Homes With No Mortgage28%
With A Mortgage72%
First Mortgage Only52%
Second Mortgage or Home Equity Loan21%
Second Mortgage Only7%
Home Equity Loan Only14%

Scotch Plains Housing Expenses

CategoryValue
Owner Costs as % of Income21.6%
Median Real Estate Taxes (2000)$5,662

Scotch Plains Household Size

CategoryValue
Total Occupied8,349
1-Person Households21%
2-Person Households31%
3-Person Households19%
4-Person Households19%
5-Person Households7%
6-Person Households2%
7+-Person Households1%

Scotch Plains Housing Stock

CategoryValue
Median Year Built1959
Median Year Built (Owner Occupied)1957
Median Year Built (Renter Occupied)1972

Scotch Plains Home Heating

CategoryValue
Using Utility Co. Gas Heat78%
Using Bottled/Tank Gas Heat0%
Using Electric Heat4%
Using Oil Heat18%
Using Coal0%
Using Wood Heating0%
Using Solar Heat0%
Other Heating0%
No Heating0%

Scotch Plains Housing Size

CategoryValue
No Bedrooms0%
1 Bedroom1%
2 Bedrooms10%
3 Bedrooms42%
4 Bedrooms37%
5+ Bedrooms8%

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