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Real Estate Prices & Overview

New Jersey City University median real estate price is $545,390, which is more expensive than 45.9% of the neighborhoods in New Jersey and 70.2% of the neighborhoods in the U.S.

The average rental price in New Jersey City University is currently $2,174, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 90.7% of New Jersey neighborhoods.

New Jersey City University is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.

New Jersey City University 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 renter occupied. Many of the residences in the New Jersey City University neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Home and apartment vacancy rates are 7.6% in New Jersey City University. NeighborhoodScout analysis shows that this rate is lower than 50.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.8% ride the bus) than 98.1% 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 26.3% of the New Jersey City University neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the New Jersey City University neighborhood buck this trend. 33.7% 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.

Real Estate

The New Jersey City University neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 33,137 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation's neighborhoods.

In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the New Jersey City University neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 31.9% of the real estate here is made up of such dwellings, which is higher than 95.3% of all U.S. neighborhoods.

Diversity

Did you know that the New Jersey City University neighborhood has more Jamaican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.4% of this neighborhood's residents have Jamaican ancestry and 6.9% have Dominican ancestry.

New Jersey City University is also pretty special linguistically. Significantly, 2.8% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the New Jersey City University 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 81.2% of U.S. neighborhoods. With 43.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.9% 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 New Jersey City University neighborhood, 32.1% of the working population is employed in clerical, assistant, and tech support occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 24.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.2%), and 19.1% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 New Jersey City University neighborhood is English, spoken by 70.7% of households. Other important languages spoken here include Spanish, Arabic, Tagalog (the first language of the Philippine region) and Chinese.

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 New Jersey City University neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Jamaican (17.4%). There are also a number of people of Puerto Rican ancestry (11.9%), and residents who report Dominican roots (6.9%), and some of the residents are also of Asian ancestry (6.3%), along with some Sub-Saharan African ancestry residents (3.9%), among others. In addition, 23.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in New Jersey City University neighborhood spend between 45 minutes and one hour commuting one-way to work (37.6% of working residents), longer and tougher than most commutes in America.

Here most residents (41.5%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.3%) and 17.8% 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.


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