Columbia Park median real estate price is $711,754, which is more expensive than 67.9% of the neighborhoods in New Jersey and 80.1% of the neighborhoods in the U.S.
The average rental price in Columbia Park is currently $2,239, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.2% of New Jersey neighborhoods.
Columbia Park is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.
Columbia Park real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Columbia Park neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Columbia Park, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.7% of all neighborhoods in the U.S. This means that the housing supply in Columbia Park is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Jersey City, the Columbia Park neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Modes of Transportation
Our research revealed that more commuters here take the bus to work (21.9% ride the bus) than 98.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 24.2% of the Columbia Park neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.6% of America's neighborhoods.
People
Columbia Park has the amazing distinction of housing more same sex couples living together than 98.6% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the Columbia Park neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 89.6% of the neighborhoods in NJ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Real Estate
The Columbia Park neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,946 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Columbia Park neighborhood is one of the most walkable neighborhoods in America.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Columbia Park neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 44.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.8% of America's neighborhoods.
Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Columbia Park neighborhood has a highly unusual pattern of car ownership. 33.1% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.
Diversity
Did you know that the Columbia Park neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.5% of this neighborhood's residents have Dominican ancestry and 13.7% have Puerto Rican ancestry.
Columbia Park is also pretty special linguistically. Significantly, 3.7% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Columbia Park neighborhood has a greater percentage of residents born in another country (45.4%) than are found in 96.3% of all U.S. neighborhoods.
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 Columbia Park neighborhood in Jersey City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.5% of U.S. neighborhoods. With 38.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.0% of U.S. neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Columbia Park neighborhood, 27.9% of the working population is employed in manufacturing and laborer 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 27.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (23.4%), and 21.0% in executive, management, and professional occupations.
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 Columbia Park neighborhood is English, spoken by 56.5% of households. Other important languages spoken here include Spanish, Portuguese and Vietnamese.
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Columbia Park neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (15.5%). There are also a number of people of Puerto Rican ancestry (13.7%), and residents who report Asian roots (5.9%), and some of the residents are also of Sub-Saharan African ancestry (5.7%), along with some South American ancestry residents (4.8%), among others. In addition, 45.4% of the residents of this neighborhood were born in another country.
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 Columbia Park neighborhood spend between 45 minutes and one hour commuting one-way to work (29.2% of working residents), longer and tougher than most commutes in America.
Here most residents (40.3%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (24.2%) and 21.9% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
