Ave at Port Imperial / Riverbend Dr median real estate price is $792,002, which is more expensive than 76.4% of the neighborhoods in New Jersey and 84.2% of the neighborhoods in the U.S.
The average rental price in Ave at Port Imperial / Riverbend Dr is currently $6,379, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.6% of the neighborhoods in New Jersey.
Ave at Port Imperial / Riverbend Dr is a densely urban neighborhood (based on population density) located in West New York, New Jersey.
Ave at Port Imperial / Riverbend Dr 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 mobile homes. Most of the residential real estate is renter occupied. Many of the residences in the Ave at Port Imperial / Riverbend Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
Ave at Port Imperial / Riverbend Dr has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.4% 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.
Modes of Transportation
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 18.3% of the Ave at Port Imperial / Riverbend Dr neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
Also, in the Ave at Port Imperial / Riverbend Dr neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 31.6% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 97.6% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.
Finally, more people ride the bus in this neighborhood each day to get to work than 96.7% of U.S. neighborhoods.
People
Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 87.2% of the adults living in the Ave at Port Imperial / Riverbend Dr neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.4% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
In addition, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 4.1% of America's neighborhoods are wealthier than the Ave at Port Imperial / Riverbend Dr neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.
Real Estate
The Ave at Port Imperial / Riverbend Dr neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.5% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
In addition, one of the really unique and interesting things about the look and setting of the Ave at Port Imperial / Riverbend Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 95.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 99.1% of all neighborhoods in America.
Furthermore, if you like the look and ambience of new homes and newly built neighborhoods, you will love the Ave at Port Imperial / Riverbend Dr neighborhood. A whopping 79.7% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 97.4% of the neighborhoods in the U.S. Everything here just feels new.
Also of note, the Ave at Port Imperial / Riverbend Dr neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,144 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
Occupations
Executives, managers and professionals make up 76.3% of the workforce in the Ave at Port Imperial / Riverbend Dr neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
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 Ave at Port Imperial / Riverbend Dr neighborhood has a highly unusual pattern of car ownership. 23.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.1% of U.S. neighborhoods.
Diversity
Did you know that the Ave at Port Imperial / Riverbend Dr neighborhood has more Asian and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.4% of this neighborhood's residents have Asian ancestry and 7.5% have South American ancestry.
Ave at Port Imperial / Riverbend Dr is also pretty special linguistically. Significantly, 3.8% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 99.6% of the neighborhoods in America.
Migration / Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Ave at Port Imperial / Riverbend Dr neighborhood has a greater percentage of residents born in another country (49.9%) than are found in 97.6% of all U.S. neighborhoods.
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 Ave at Port Imperial / Riverbend Dr neighborhood in West New York are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 95.9% of the neighborhoods in America. With 28.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.4% of U.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 Ave at Port Imperial / Riverbend Dr neighborhood, 76.3% 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 14.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (7.4%).
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 Ave at Port Imperial / Riverbend Dr neighborhood is English, spoken by 50.9% of households. Other important languages spoken here include Chinese, Korean, Langs. of India and Spanish.
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Ave at Port Imperial / Riverbend Dr neighborhood in West New York, NJ, residents most commonly identify their ethnicity or ancestry as Asian (40.4%). There are also a number of people of Italian ancestry (15.3%), and residents who report South American roots (7.5%), and some of the residents are also of Irish ancestry (6.5%), along with some German ancestry residents (3.7%), among others. In addition, 49.9% of the residents of this neighborhood were born in another country.
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 Ave at Port Imperial / Riverbend Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (45.2% of working residents), longer and tougher than most commutes in America.
Here most residents (29.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride a ferry to get to work (18.3%) and 13.4% 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.
