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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

More people ride the bus in this neighborhood each day to get to work than 98.1% of U.S. neighborhoods.

Also, in the New Jersey City University neighborhood, 26.3% of people ride the train 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 train ridership than in 97.9% of the neighborhoods in America.

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 New Jersey City University neighborhood has a highly unusual pattern of car ownership. 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, 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 New Jersey City University 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, 31.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.3% of America'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.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

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

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 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

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 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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