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Towaco, NJ Housing
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United States
/
New Jersey
/
New York-Newark-Jersey City Metro Area
/
Morris County
/ Towaco /
Zip Codes
EXPLORE TOWACO
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The housing market in Towaco, NJ is doing very well. The median value of a house in Towaco is $613,500, which is far higher than the US median value of $338,100. Furthermore, the appreciation rate on houses in Towaco has been 13.90%, significantly higher than the US average of 8.27%. These stats show that buyers and investors are highly interested in the Towaco area for its strong housing market and potential for investment growth and returns.
Median Monthly Rent by Number of Bedrooms
Housing by Year Built
Housing
Towaco, New Jersey
United States
Number of Homes
2,047.0
139,647,020.0
Median Home Age
53
42
Median Home Cost
$613,500
$338,100
Home Appr. Last 12 months
13.9%
16.6%
Home Appr. Last 5 yrs.
43.7%
57.0%
Home Appr. Last 10 yrs.
66.2%
101.1%
Property Tax Rate
$22.02
$10.98
Property Taxes Paid
$10,001
$2,690
Homes Owned
91.6%
57.4%
Housing Vacant
6.6%
11.2%
Homes Rented
1.8%
31.4%
Vacant Housing
Vacant For Rent
0.0%
1.9%
Vacant Rented
0.0%
0.4%
Vacant For Sale
1.7%
0.7%
Vacant Sold
3.0%
0.4%
Vacant Vacation
2.0%
3.6%
Vacant Other
0.0%
4.1%
Value of Owner-Occupied Housing
Less Than $20,000
0.0%
2.6%
$20,000 to $39,999
0.0%
2.4%
$40,000 to $59,999
0.6%
2.8%
$60,000 to $79,999
1.4%
3.9%
$80,000 to $99,999
1.1%
4.5%
$100,000 to $149,999
1.3%
11.3%
$150,000 to $199,999
0.0%
13.0%
$200,000 to $299,999
2.4%
20.1%
$300,000 to $399,999
8.1%
13.6%
$400,000 to $499,999
33.4%
8.3%
$500,000 to $749,999
29.0%
9.7%
$750,000 to $999,999
16.5%
3.9%
$1,000,000 to $1,499,999
5.5%
2.2%
$1,500,000 to $1,999,999
0.7%
0.8%
$2,000,000 and over
0.0%
1.1%
Housing Units by Year Structure Built
2014 and newer
0.0%
0.2%
2010 to 2013
4.8%
13.6%
2000 to 2009
4.8%
13.6%
1990 to 1999
19.7%
13.6%
1980 to 1989
9.7%
13.2%
1970 to 1979
11.2%
14.8%
1960 to 1969
19.7%
13.6%
1950 to 1959
19.0%
10.0%
1940 to 1949
5.0%
4.7%
1939 or Earlier
11.5%
12.2%
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