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Real Estate Prices & Overview

Richfield South median real estate price is $617,721, which is more expensive than 52.2% of the neighborhoods in New Jersey and 74.8% of the neighborhoods in the U.S.

The average rental price in Richfield South is currently $3,457, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.7% of New Jersey neighborhoods.

Richfield South is an urban neighborhood (based on population density) located in Clifton, New Jersey.

Richfield South real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Richfield South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In Richfield South, the current vacancy rate is 1.5%, which is a lower rate of vacancies than 88.4% of all neighborhoods in the U.S. This means that the housing supply in Richfield South is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

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.

People

Of note is NeighborhoodScout's research finding that the Richfield South 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 Richfield South community truly stands out from the rest in this regard.

In addition, one of the most interesting things about the Richfield South neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 50.8% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 95.7% of the neighborhoods in America.

Real Estate

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 Richfield South 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, 51.2% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.6% of America's neighborhoods.

In addition, the Richfield South 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 85.5% 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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.

Diversity

Did you know that the Richfield South neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.8% of this neighborhood's residents have Dominican ancestry and 11.5% have Puerto Rican ancestry.

Richfield South is also pretty special linguistically. Significantly, 12.5% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.5% 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 Richfield South neighborhood in Clifton are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 65.8% of U.S. neighborhoods. 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 Richfield South neighborhood, 51.6% 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 19.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.6%), and 14.5% in clerical, assistant, and tech support occupations.

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 Richfield South neighborhood is English, spoken by 55.8% of households. Other important languages spoken here include Spanish, Langs. of India, Tagalog (the first language of the Philippine region) and French.

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 Richfield South neighborhood in Clifton, NJ, residents most commonly identify their ethnicity or ancestry as Asian (18.3%). There are also a number of people of Italian ancestry (12.5%), and residents who report Puerto Rican roots (11.5%), and some of the residents are also of German ancestry (6.6%), along with some Irish ancestry residents (5.9%), among others. In addition, 27.9% 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 Richfield South neighborhood spend between 45 minutes and one hour commuting one-way to work (36.4% of working residents), longer and tougher than most commutes in America.

Here most residents (48.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.3%) and 13.0% of residents also carpool with coworkers, friends, or neighbors 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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