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    Jersey City, NJ (Journal Square Southwest)







    Real Estate Prices & Overview

    Journal Square Southwest median real estate price is $552,341, which is more expensive than 42.1% of the neighborhoods in New Jersey and 66.7% of the neighborhoods in the U.S.

    The average rental price in Journal Square Southwest is currently $3,434, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 48.3% of New Jersey neighborhoods.

    Journal Square Southwest is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.

    Journal Square Southwest 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Journal Square Southwest 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 1940 and 1969.

    Home and apartment vacancy rates are 8.7% in Journal Square Southwest. NeighborhoodScout analysis shows that this rate is lower than 41.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.

    Notable & Unique Neighborhood Characteristics

    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.

    Real Estate

    The Journal Square Southwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 50,831 persons per square mile in the neighborhood, it is more packed with people than 98.5% 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 Journal Square Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

    In addition, one of the really unique and interesting things about the look and setting of the Journal Square Southwest neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 70.4% 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 95.0% of all neighborhoods in America.

    Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Journal Square Southwest neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.4% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.1% of the neighborhoods in the United States.

    Modes of Transportation

    If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 32.2% of the Journal Square Southwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.5% of America's neighborhoods.

    People

    Journal Square Southwest has the amazing distinction of housing more same sex couples living together than 98.5% of neighborhoods in the U.S. If you are seeking such a neighborhood, NeighborhoodScout's analysis shows that this is one place that you should consider.

    In addition, the Journal Square Southwest neighborhood stands out within New Jersey for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 9.2% of college-friendly places to live in NJ. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for urban sophisticates and young, single professionals.

    Car Ownership

    Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Journal Square Southwest neighborhood have a highly unusual car ownership. 45.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.4% of U.S. neighborhoods.

    Diversity

    Did you know that the Journal Square Southwest neighborhood has more Asian and Arab ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 38.1% of this neighborhood's residents have Asian ancestry and 3.2% have Arab ancestry.

    Journal Square Southwest is also pretty special linguistically. Significantly, 14.2% 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 99.7% of the neighborhoods in America.

    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 Journal Square Southwest neighborhood has a greater percentage of residents born in another country (47.0%) than are found in 96.6% 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 Journal Square Southwest neighborhood in Jersey City are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 71.1% of the neighborhoods in America. With 27.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.1% of U.S. neighborhoods.

    A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

    In the Journal Square Southwest neighborhood, 63.9% 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 18.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.3%), and 7.5% in government jobs, whether they are in local, state, or federal positions.

    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 Journal Square Southwest neighborhood is English, spoken by 46.3% of households. Other important languages spoken here include Spanish, Langs. of India, Tagalog (the first language of the Philippine region) and Arabic.

    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 Journal Square Southwest neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Asian (38.1%). There are also a number of people of Irish ancestry (7.8%), and residents who report German roots (6.3%), and some of the residents are also of South American ancestry (5.6%), along with some Italian ancestry residents (4.1%), among others. In addition, 47.0% 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 Journal Square Southwest neighborhood spend between 45 minutes and one hour commuting one-way to work (36.2% of working residents), longer and tougher than most commutes in America.

    Here most residents (32.2%) take the train to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.2%) and 12.4% of residents also drive alone in a private automobile for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.


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