62nd St / Highland Pl median real estate price is $653,756, which is more expensive than 56.8% of the neighborhoods in New Jersey and 75.2% of the neighborhoods in the U.S.
The average rental price in 62nd St / Highland Pl is currently $3,256, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.3% of New Jersey neighborhoods.
62nd St / Highland Pl is a densely urban neighborhood (based on population density) located in West New York, New Jersey.
62nd St / Highland Pl 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 62nd St / Highland Pl neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
62nd St / Highland Pl has a 12.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.7% 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.
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.
More people ride the bus in this neighborhood each day to get to work than 100.0% of U.S. neighborhoods.
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 65,231 people per square mile, it is more densely populated than 99.0% of America's neighborhoods. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The 62nd St / Highland Pl neighborhood is among the top 5% of American neighborhoods in terms of walkability.
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 62nd St / Highland Pl 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 32.1% of the real estate here is made up of such dwellings, which is higher than 95.3% of all U.S. neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the 62nd St / Highland Pl neighborhood buck this trend. 46.3% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.5% of U.S. neighborhoods.
Did you know that the 62nd St / Highland Pl neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 33.7% of this neighborhood's residents have South American ancestry and 10.2% have Cuban ancestry.
62nd St / Highland Pl is also pretty special linguistically. Significantly, 69.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.3% of all U.S. neighborhoods.
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. What is interesting to note, is that the 62nd St / Highland Pl neighborhood has a greater percentage of residents born in another country (58.5%) than are found in 99.1% of all U.S. neighborhoods.
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 62nd St / Highland Pl neighborhood in West New York are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.8% of the neighborhoods in America. With 27.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 78.8% 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 62nd St / Highland Pl neighborhood, 41.3% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.8%), and 8.2% in clerical, assistant, and tech support occupations.
The most common language spoken in the 62nd St / Highland Pl neighborhood is Spanish, spoken by 69.2% of households. Some people also speak English (18.3%).
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 62nd St / Highland Pl neighborhood in West New York, NJ, residents most commonly identify their ethnicity or ancestry as South American (33.7%). There are also a number of people of Cuban ancestry (10.2%), and residents who report Dominican roots (6.9%), and some of the residents are also of Italian ancestry (6.3%), along with some Irish ancestry residents (4.3%), among others. In addition, 58.5% 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 62nd St / Highland Pl neighborhood spend between 45 minutes and one hour commuting one-way to work (42.5% of working residents), longer and tougher than most commutes in America.
Here most residents (57.9%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (14.0%) and 8.0% of residents also hop out the door and walk to work for their daily commute. The bus provides a valuable service in the 62nd St / Highland Pl neighborhood of West New York by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.