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Real Estate Prices & Overview

Elizabethport Southeast median real estate price is $607,180, which is more expensive than 48.8% of the neighborhoods in New Jersey and 70.4% of the neighborhoods in the U.S.

The average rental price in Elizabethport Southeast is currently $2,870, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.6% of New Jersey neighborhoods.

Elizabethport Southeast is a densely urban neighborhood (based on population density) located in Elizabeth, New Jersey.

Elizabethport Southeast real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Elizabethport Southeast neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Elizabethport Southeast has a 9.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.3% 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.

Notable & Unique Neighborhood Characteristics

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 Elizabeth, the Elizabethport Southeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Elizabethport Southeast 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, 59.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.2% of America's neighborhoods.

In addition, the Elizabethport Southeast neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,966 persons per square mile in the neighborhood, it is more packed with people than 97.3% 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 Elizabethport Southeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.7% of U.S. neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the Elizabethport Southeast neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.4% of its working residents employed in such fields, which is a higher proportion than 95.9% of American neighborhoods.

Diversity

Did you know that the Elizabethport Southeast neighborhood has more South American and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.9% of this neighborhood's residents have South American ancestry and 6.0% have Arab ancestry.

Elizabethport Southeast is also pretty special linguistically. Significantly, 6.3% 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 98.9% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Elizabethport Southeast neighborhood. What is interesting to note, is that the Elizabethport Southeast neighborhood has a greater percentage of residents born in another country (45.0%) than are found in 95.9% of all U.S. neighborhoods.

The Neighbors

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 Elizabethport Southeast neighborhood in Elizabeth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 72.4% of U.S. neighborhoods. With 20.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.2% 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 Elizabethport Southeast neighborhood, 42.4% of the working population is employed in manufacturing and laborer 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 26.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.2%), and 12.8% 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 Elizabethport Southeast neighborhood is Spanish, spoken by 45.4% of households. Other important languages spoken here include English, Arabic and French.

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 Elizabethport Southeast neighborhood in Elizabeth, NJ, residents most commonly identify their ethnicity or ancestry as South American (15.9%). There are also a number of people of Dominican ancestry (8.0%), and residents who report Sub-Saharan African roots (7.4%), and some of the residents are also of Arab ancestry (6.0%), along with some Puerto Rican ancestry residents (5.5%), among others. In addition, 45.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 Elizabethport Southeast neighborhood spend between 15 and 30 minutes commuting one-way to work (38.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (19.2%) and 19.0% 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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