State Street median real estate price is $428,516, which is less expensive than 73.6% of New Jersey neighborhoods and 41.6% of all U.S. neighborhoods.
The average rental price in State Street is currently $3,053, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.3% of New Jersey neighborhoods.
State Street is a densely urban neighborhood (based on population density) located in Perth Amboy, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
State Street real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the State Street 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 1970 and 1999.
Real estate vacancies in State Street are 3.8%, which is lower than one will find in 75.2% of American neighborhoods. Demand for real estate in State Street is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Perth Amboy, the State Street neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real Estate
If you like crowded places, then you will probably enjoy the the State Street neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.5% of neighborhoods in the U.S., with 22,341 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the State Street neighborhood is one of the most walkable neighborhoods in America. State Street is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, State Street is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
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 State Street 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, 49.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.3% of America's neighborhoods.
Occupations
More people work in manufacturing and as laborers here in the State Street neighborhood than in 99.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Modes of Transportation
In the State Street neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 27.0% of commuters carpool here, which is more than in 98.0% of all U.S. neighborhoods.
Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 10.6% of the State Street neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.2% of America's neighborhoods.
People
Single parenting is hard. But you don't have to tell the State Street neighborhood about it; they already know. 22.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.9% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Diversity
Did you know that the State Street neighborhood has more Dominican and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 54.5% of this neighborhood's residents have Dominican ancestry and 3.0% have Cuban ancestry.
State Street is also pretty special linguistically. Significantly, 82.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.
Migration / Stability
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 State Street neighborhood has a greater percentage of residents born in another country (56.3%) than are found in 98.8% 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 State Street neighborhood in Perth Amboy are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.6% of U.S. neighborhoods. With 34.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.5% 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 State Street neighborhood, 54.4% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 19.4% of the residents employed. Other residents here are employed in executive, management, and professional occupations (13.7%), and 12.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
Languages
The most common language spoken in the State Street neighborhood is Spanish, spoken by 82.5% of households. Some people also speak English (15.9%).
Ethnicity / Ancestry
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 State Street neighborhood in Perth Amboy, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (54.5%). There are also a number of people of Puerto Rican ancestry (9.0%), and residents who report Mexican roots (6.9%), and some of the residents are also of South American ancestry (3.9%), along with some Cuban ancestry residents (3.0%), among others. In addition, 56.3% 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 State Street neighborhood spend between 15 and 30 minutes commuting one-way to work (31.8% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (48.7%) 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 (27.0%) and 10.6% of residents also take the train 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.
