Forest Hill South median real estate price is $700,367, which is more expensive than 62.0% of the neighborhoods in New Jersey and 79.2% of the neighborhoods in the U.S.
The average rental price in Forest Hill South is currently $3,071, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 64.9% of New Jersey neighborhoods.
Forest Hill South is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Forest Hill South 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Forest Hill South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Forest Hill South, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Forest Hill South is very tight compared to the demand for property here.
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.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Forest Hill South neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, if you like crowded places, then you will probably enjoy the the Forest Hill South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 24,960 people per square mile living here. 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 Forest Hill South neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Forest Hill South neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 31.0% of the real estate here is made up of such dwellings, which is higher than 95.1% of all U.S. neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 98.3% of U.S. neighborhoods.
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 Forest Hill South neighborhood has a highly unusual pattern of car ownership. 26.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.6% of U.S. neighborhoods.
One of the unique characteristics of the Forest Hill South neighborhood revealed by analysis is that the per capita income of residents here is lower than that found in 95.8% of the neighborhoods in America.
In addition, divorcees may find friendship and understanding in this neighborhood, as 19.8% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 95.3% of the neighborhoods in America.
Did you know that the Forest Hill South neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 28.8% of this neighborhood's residents have Puerto Rican ancestry and 14.4% have Dominican ancestry.
Forest Hill South is also pretty special linguistically. Significantly, 4.3% 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 96.6% of the neighborhoods in America.
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 Forest Hill South neighborhood in Newark are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 95.8% of U.S. neighborhoods. With 28.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.1% 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 Forest Hill South neighborhood, 39.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 30.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (16.9%), and 12.5% in clerical, assistant, and tech support occupations.
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 Forest Hill South neighborhood is Spanish, spoken by 50.9% of households. Other important languages spoken here include English, Langs. of India and French.
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 Forest Hill South neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (28.8%). There are also a number of people of Dominican ancestry (14.4%), and residents who report South American roots (12.2%), and some of the residents are also of Sub-Saharan African ancestry (4.4%), along with some Cuban ancestry residents (3.3%), among others. In addition, 21.8% 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 Forest Hill South neighborhood spend between 15 and 30 minutes commuting one-way to work (46.3% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (70.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.3%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.