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Real Estate Prices & Overview

Sinatra Dr / 2nd St median real estate price is $1,613,798, which is more expensive than 98.1% of the neighborhoods in New Jersey and 97.2% of the neighborhoods in the U.S.

The average rental price in Sinatra Dr / 2nd St is currently $6,883, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.0% of the neighborhoods in New Jersey.

Sinatra Dr / 2nd St is a densely urban neighborhood (based on population density) located in Hoboken, New Jersey.

Sinatra Dr / 2nd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Sinatra Dr / 2nd St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Sinatra Dr / 2nd St has a 14.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 77.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Sinatra Dr / 2nd St neighborhood is wealthier than 99.2% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Sinatra Dr / 2nd St also has one of the lowest ratings of child poverty in the nation.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 91.2% of the adults living in the Sinatra Dr / 2nd St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.8% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Sinatra Dr / 2nd St neighborhood: a neighborhood in which more "urban sophisticates" live than 97.7% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city.

Modes of Transportation

In the Sinatra Dr / 2nd St neighborhood, 6.6% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.9% of the neighborhoods in America.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 29.8% of the Sinatra Dr / 2nd St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.1% of America's neighborhoods.

Finally, in the Sinatra Dr / 2nd St neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 28.5% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 96.0% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Real Estate

One of the really unique and interesting things about the look and setting of the Sinatra Dr / 2nd St neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.7% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.3% of all neighborhoods in America.

In addition, homes built from 2000 through today make up a higher proportion of the Sinatra Dr / 2nd St neighborhood's real estate landscape than 96.6% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 74.6% of the residential real estate here is classified as newer.

Furthermore, if you like crowded places, then you will probably enjoy the the Sinatra Dr / 2nd St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.3% of neighborhoods in the U.S., with 26,146 people per square mile living here.

Also of note, the Sinatra Dr / 2nd St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 81.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Occupations

Executives, managers and professionals make up 73.8% of the workforce in the Sinatra Dr / 2nd St neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.3% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Sinatra Dr / 2nd St neighborhood buck this trend. 19.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.0% of U.S. neighborhoods.

Diversity

Did you know that the Sinatra Dr / 2nd St neighborhood has more Lithuanian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Lithuanian ancestry and 6.0% have Jamaican ancestry.

Sinatra Dr / 2nd St is also pretty special linguistically. Significantly, 6.7% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 98.3% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Sinatra Dr / 2nd St neighborhood in Hoboken are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.2% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Sinatra Dr / 2nd St neighborhood, 73.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 15.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.5%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Sinatra Dr / 2nd St neighborhood is English, spoken by 76.5% of households. Other important languages spoken here include Chinese, Langs. of India, French and Spanish.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Sinatra Dr / 2nd St neighborhood in Hoboken, NJ, residents most commonly identify their ethnicity or ancestry as Asian (22.6%). There are also a number of people of Irish ancestry (16.7%), and residents who report Italian roots (16.4%), and some of the residents are also of English ancestry (10.0%), along with some French ancestry residents (7.0%), among others. In addition, 25.6% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Sinatra Dr / 2nd St neighborhood spend between 30 and 45 minutes commuting one-way to work (37.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (29.8%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.0%) and 7.2% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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