Weequahic North median real estate price is $848,638, which is more expensive than 78.4% of the neighborhoods in New Jersey and 86.3% of the neighborhoods in the U.S.
The average rental price in Weequahic North is currently $3,380, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.0% of New Jersey neighborhoods.
Weequahic North is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Weequahic North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) small apartment buildings and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Weequahic North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Weequahic North has a 11.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 69.3% 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.
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 Newark, the Weequahic North neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
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 Weequahic North 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 64.1% of the real estate here is made up of such dwellings, which is higher than 99.5% of all U.S. neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Weequahic North neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.1% of neighborhoods in the U.S., with 24,857 people per square mile living here.
American households most often have a car, and regularly they have two or three. But households in the Weequahic North neighborhood buck this trend. 30.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.2% of U.S. neighborhoods.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 13.8% of the Weequahic North neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.6% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 96.5% of U.S. neighborhoods.
Finally, in the Weequahic North neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.2% of commuters carpool here, which is more than in 95.5% of all U.S. neighborhoods.
The Weequahic North neighborhood has a greater percentage of children living in poverty (54.0%) than found in 95.5% of all U.S. neighborhoods. Children living in poverty is one of the challenges facing America, and the world, and in this neighborhood in particular, the problem can be considered acute.
Did you know that the Weequahic North neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.4% of this neighborhood's residents have Haitian ancestry and 7.9% have Jamaican ancestry.
Weequahic North is also pretty special linguistically. Significantly, 11.8% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 Weequahic North neighborhood in Newark are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 75.0% of U.S. neighborhoods. With 54.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 95.5% 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 Weequahic North neighborhood, 34.0% 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 28.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (26.5%), and 10.6% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Weequahic North neighborhood is English, spoken by 68.9% of households. Other important languages spoken here include Spanish, African languages and French.
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 Weequahic North neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (9.6%). There are also a number of people of Haitian ancestry (8.4%), and residents who report Jamaican roots (7.9%), and some of the residents are also of Sub-Saharan African ancestry (6.6%), along with some Dominican ancestry residents (5.3%), among others. In addition, 22.0% 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 Weequahic North neighborhood spend between 45 minutes and one hour commuting one-way to work (57.5% of working residents), longer and tougher than most commutes in America.
Here most residents (50.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (23.2%) and 13.8% of residents also take the train 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.