Trend of Housing Unit's Mortgage Status in Essex County, New Jersey

vHomeInsurance.com is a home insurance, housing & real estate data analysis service that analyzed Mortgage Status trends from 2009 & 2015 across all geographic units in the US. Mortgage Status is impacted due to factors such as Home location, Credit worth of house, second mortgage, the financial history of owner and taxes.

The key elements in the research are

1. Housing units with mortgage
2. Housing units without a mortgage

Our key findings

• % Change Housing units with mortgage: Essex County out performed than New Jersey by 1.2
• % Change Housing units with mortgage: Essex County out performed than US by 1.0
• CAGR Housing units with mortgage: Essex County out performed than state by 0.2
• CAGR Housing units with mortgage: Essex County out performed than US by 0.1
• % Change Housing units without a mortgage: Essex County under performed than New Jersey by -9.9
• % Change Housing units without a mortgage: Essex County under performed than US by -14.8
• CAGR Housing units without a mortgage: Essex County under performed than state by -1.6
• CAGR Housing units without a mortgage: Essex County under performed than US by -2.4

County	Essex County
Housing units with mortgage 2015	90,262
Housing units with mortgage 2009	94,585
Housing units with mortgage % change	-4.6
Housing units with mortgage change rank compared to US	1,288
Housing units with mortgage change rank compared to New Jersey	4
Housing units without a mortgage 2015	33,585
Housing units without a mortgage 2009	35,546
Housing units without a mortgage % change	-5.5
Housing units without a mortgage change rank compared to US	2,703
Housing units without a mortgage change rank compared to New Jersey	20