Weequahic Northwest median real estate price is $553,791, which is more expensive than 43.2% of the neighborhoods in New Jersey and 66.7% of the neighborhoods in the U.S.
The average rental price in Weequahic Northwest is currently $2,783, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 74.7% of New Jersey neighborhoods.
Weequahic Northwest is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Weequahic Northwest 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 Weequahic Northwest neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.
Weequahic Northwest has a 9.2% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.2% 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 Northwest 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 Northwest 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 44.9% of the real estate here is made up of such dwellings, which is higher than 97.9% of all U.S. neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Weequahic Northwest neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,588 people per square mile living here.
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 23.9% of the Weequahic Northwest neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.9% of America's neighborhoods.
Also, more people ride the bus in this neighborhood each day to get to work than 97.4% of U.S. neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the Weequahic Northwest neighborhood buck this trend. 21.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.6% of U.S. neighborhoods.
Did you know that the Weequahic Northwest neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.5% of this neighborhood's residents have Sub-Saharan African ancestry and 12.0% have African ancestry.
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 Northwest 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 77.8% of U.S. neighborhoods. With 31.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.8% 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 Weequahic Northwest neighborhood, 38.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 21.8% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.6%), and 19.1% in manufacturing and laborer occupations.
The most common language spoken in the Weequahic Northwest neighborhood is English, spoken by 74.3% of households. Some people also speak Spanish (18.8%).
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 Northwest neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (25.5%). There are also a number of people of African ancestry (12.0%), and residents who report Dominican roots (7.3%), and some of the residents are also of Puerto Rican ancestry (4.3%), along with some Haitian ancestry residents (4.0%), among others. In addition, 35.0% 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 Northwest neighborhood spend between 45 minutes and one hour commuting one-way to work (42.1% of working residents), longer and tougher than most commutes in America.
Here most residents (38.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (23.9%) and 14.1% of residents also ride the bus 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.