Lakewood Northeast median real estate price is $1,247,126, which is more expensive than 93.4% of the neighborhoods in New Jersey and 93.8% of the neighborhoods in the U.S.
The average rental price in Lakewood Northeast is currently $2,556, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.0% of New Jersey neighborhoods.
Lakewood Northeast is a densely urban neighborhood (based on population density) located in Lakewood, New Jersey.
Lakewood Northeast real estate is primarily made up of large (four, five or more bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Lakewood Northeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Lakewood Northeast, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 89.5% of all neighborhoods in the U.S. This means that the housing supply in Lakewood Northeast 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 Lakewood, the Lakewood Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really interesting characteristics about the Lakewood Northeast neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.4% of college-friendly places to live in the state of New Jersey.
Homes built from 2000 through today make up a higher proportion of the Lakewood Northeast neighborhood's real estate landscape than 96.8% 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, 75.9% of the residential real estate here is classified as newer.
In addition, one way that the Lakewood Northeast neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.1% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
Our research shows that more people carpool to work here in the Lakewood Northeast (24.0%) than in 96.5% of the neighborhoods in America.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Lakewood Northeast neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 58.7% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 95.6% of U.S. neighborhoods. Less time commuting means more time for other things in life.
Did you know that the Lakewood Northeast neighborhood has more Hungarian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.1% of this neighborhood's residents have Hungarian ancestry and 2.8% have Eastern European ancestry.
Lakewood Northeast is also pretty special linguistically. Significantly, 7.9% of its residents five years old and above primarily speak German/Yiddish at home. While this may seem like a small percentage, it is higher than 99.5% of the neighborhoods in America.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. More residents of the Lakewood Northeast neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.1% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.
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 Lakewood Northeast neighborhood in Lakewood are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 76.4% of U.S. neighborhoods. With 38.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.8% 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 Lakewood Northeast neighborhood, 58.9% 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 18.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 7.6% in manufacturing and laborer occupations.
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 Lakewood Northeast neighborhood is English, spoken by 82.8% of households. Other important languages spoken here include German/Yiddish and Spanish.
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Lakewood Northeast neighborhood in Lakewood, NJ, residents most commonly identify their ethnicity or ancestry as Polish (4.5%). There are also a number of people of Hungarian ancestry (4.1%), and residents who report German roots (3.9%), and some of the residents are also of English ancestry (3.4%), along with some Puerto Rican ancestry residents (3.3%), among others.
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 Lakewood Northeast neighborhood spend under 15 minutes commuting one-way to work (58.7% of working residents), one of the shortest commutes across America.
Here most residents (49.8%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.