86th St / Grand Ave median real estate price is $638,050, which is more expensive than 58.6% of the neighborhoods in New Jersey and 76.0% of the neighborhoods in the U.S.
The average rental price in 86th St / Grand Ave is currently $3,651, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 69.9% of the neighborhoods in New Jersey.
86th St / Grand Ave is a densely urban neighborhood (based on population density) located in North Bergen, New Jersey.
86th St / Grand Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the 86th St / Grand Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In 86th St / Grand Ave, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in 86th St / Grand Ave is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the 86th St / Grand Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, the 86th St / Grand Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,573 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation'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 86th St / Grand Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Of note is NeighborhoodScout's research finding that the 86th St / Grand Ave neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the 86th St / Grand Ave community truly stands out from the rest in this regard.
In addition, with a nice mix of college students, safety from crime, and decent walkability, the 86th St / Grand Ave 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 86.6% 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.
Our research revealed that more commuters here take the bus to work (15.2% ride the bus) than 97.4% 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.
Did you know that the 86th St / Grand Ave neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.2% of this neighborhood's residents have Dominican ancestry and 16.1% have South American ancestry.
86th St / Grand Ave is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 97.3% of the neighborhoods in America.
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 86th St / Grand Ave neighborhood in North Bergen are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 69.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the 86th St / Grand Ave neighborhood, 28.0% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (24.9%), and 20.7% 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 86th St / Grand Ave neighborhood is Spanish, spoken by 64.7% of households. Other important languages spoken here include English, Vietnamese and Arabic.
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 86th St / Grand Ave neighborhood in North Bergen, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (16.2%). There are also a number of people of South American ancestry (16.1%), and residents who report Cuban roots (10.6%), and some of the residents are also of Puerto Rican ancestry (9.1%), along with some Italian ancestry residents (5.9%), among others. In addition, 40.5% 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 86th St / Grand Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (36.5% of working residents), longer and tougher than most commutes in America.
Here most residents (58.6%) 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 (16.0%) and 15.2% 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.