HomeNew JerseyUnion CountyGarwood
Garwood, New Jersey: commercial real estate data.
Garwood is a Census borough of 4,885 people across 0.65 square miles of land, in Union County. Median household income is $110,670, 54.4 percent of occupied homes are owned, and the SBA record carries 18 7(a) approvals to borrowers here worth $13.5 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Garwood
What Garwood is
- Census place typeborough
- Land area0.65 sq mi
- Water area0 sq mi
- Population per square mile of land7,511
- County holding the largest share of its areaUnion County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Garwood
How many people live in Garwood
- Population4,885
- Median age42.3
- Population under 18884 plus or minus 233
- Share under 1818.1 percent plus or minus 4.8
- Population 65 and over997 plus or minus 238
- Share 65 and over20.4 percent plus or minus 4.9
- Households2,129
- Family households1,303
- Share of households that are families61.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Garwood
Income and work in Garwood
- Median household income$110,670 plus or minus $25,596
- Per capita income$63,436
- Civilian labor force3,020
- Employed2,805
- Unemployed215 plus or minus 149
- Unemployment rate7.1 percent plus or minus 4.9
- Adults 25 and over3,631
- Adults 25 and over with a high school diploma or higher96.8 percent
- Adults 25 and over with a bachelor degree or higher45.2 percent
- Adults 25 and over with a graduate degree15.1 percent plus or minus 4.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Garwood
Housing in Garwood
- Housing units2,169
- Occupied units2,129
- Vacant units40 plus or minus 63
- Vacancy rate1.8 percent plus or minus 2.9
- Owner occupied1,159
- Renter occupied970 plus or minus 232
- Ownership rate54.4 percent
- Median owner-occupied home value$533,300
- Median gross rent, monthly$1,753
- Annual rent as a share of median income19.0 percent plus or minus 5.0
- Single family units1,097
- Share single family50.6 percent
- Units in buildings of two or more1,072 plus or minus 246
- Share in buildings of two or more49.4 percent plus or minus 10.5
- Mobile homes0
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Garwood
How Garwood gets to work
- Workers 16 and over who commute2,266
- Commuting under 15 minutes476 plus or minus 165
- Share commuting under 15 minutes21.0 percent plus or minus 6.9
- Commuting 30 minutes or more950 plus or minus 235
- Share commuting 30 minutes or more41.9 percent plus or minus 9.3
- Drove alone64.5 percent
- Carpooled5.8 percent plus or minus 3.8
- Public transport7.8 percent plus or minus 4.2
- Walked2.5 percent plus or minus 3.0
- Worked from home17.1 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Garwood
SBA loans in Garwood (7(a))
- Approvals18
- Gross approval$13,496,000
- Average approval$749,778
- Median approval$572,500
- Largest approval$2,400,000
- Jobs supported201
- Jobs per approval11.2
- Loans with a final outcome5
- Paid in full5
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more16.7 percent
- Share to franchises16.7 percent
- Distinct lenders10
- Distinct industries by NAICS13
Counted by borrower city: approvals to borrowers whose address is in Garwood, in any county, FY2020 to FY2026. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Garwood
SBA loans in Garwood (504)
- Approvals3
- Gross approval$1,229,000
- Average approval$409,667
- Median approval$510,000
- Largest approval$585,000
- Jobs supported10
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
Counted by borrower city: approvals to borrowers whose address is in Garwood, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Garwood
Flood risk in Garwood
- NFIP communityBorough of Garwood
- NFIP community number340464
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date09/20/06
The Borough of Garwood participates in the National Flood Insurance Program as community 340464 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Union County, not Garwood
Union County context, not Garwood figures
- Establishments in Union County14,276
- Covered employment, Union County229,010
- Average annual pay, Union County$84,322
- Housing units permitted, Union County1,696
Every figure in this section is published for Union County as a whole and is not a measurement of Garwood.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Garwood questions, answered from the record.
How many people live in Garwood, New Jersey?
4,885, in 2,129 households. Garwood borough covers 0.65 square miles of land, which is 7,511 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Garwood in?
Union County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Garwood?
$110,670. The median owner-occupied home is valued at $533,300. Median gross rent is $1,753 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Garwood businesses?
18 7(a) approvals totaling $13.5 m since FY2020, across 10 lenders, median approval $572,500, plus 3 504 approvals worth $1.2 m since FY2010. These count approvals to borrowers whose address is in Garwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Garwood borrowers get paid back?
No rate is published for Garwood. Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Garwood in the National Flood Insurance Program?
Yes. Garwood appears in the FEMA Community Status Book as Garwood, borough of, community 340464, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Garwood figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Union County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Garwood.
Is zoning published for Garwood?
No. Nothing on this page presents parcel level zoning.