Eastside South median real estate price is $581,802, which is more expensive than 47.7% of the neighborhoods in New Jersey and 72.9% of the neighborhoods in the U.S.
The average rental price in Eastside South is currently $2,484, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.3% of New Jersey neighborhoods.
Eastside South is a densely urban neighborhood (based on population density) located in Passaic, New Jersey.
Eastside 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 Eastside South 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.
In Eastside 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 Eastside South is very tight compared to the demand for property here.
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 Passaic, the Eastside South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
90.1% of the real estate in the Eastside South neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America. 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 Eastside 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, 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 Eastside South neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Furthermore, 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 Eastside South 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, 45.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.0% of America's neighborhoods.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 86.4% of the residential real estate in the Eastside South neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.9% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Eastside South neighborhood has more single mother households than 99.7% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Our research shows that more people carpool to work here in the Eastside South (35.8%) than in 99.5% of the neighborhoods in America.
NeighborhoodScout's exclusive research identifies the Eastside South 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 46.6% of its working residents employed in such fields, which is a higher proportion than 98.2% of American neighborhoods.
Did you know that the Eastside South neighborhood has more Dominican and Yugoslav ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.5% of this neighborhood's residents have Dominican ancestry and 0.5% have Yugoslav ancestry.
Eastside South is also pretty special linguistically. Significantly, 85.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.
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 Eastside South neighborhood. What is interesting to note, is that the Eastside South neighborhood has a greater percentage of residents born in another country (52.3%) than are found in 98.0% of all U.S. neighborhoods.
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 Eastside South neighborhood in Passaic are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 78.0% of U.S. neighborhoods. With 48.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 93.8% 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 Eastside South neighborhood, 46.6% 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 28.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (13.6%), and 11.4% in executive, management, and professional 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 Eastside South neighborhood is Spanish, spoken by 85.5% of households. Other important languages spoken here include English and Polish.
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 Eastside South neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (54.0%). There are also a number of people of Dominican ancestry (24.5%), and residents who report Puerto Rican roots (7.4%), and some of the residents are also of South American ancestry (4.6%), along with some Polish ancestry residents (2.1%), among others. In addition, 52.3% of the residents of this neighborhood were born in another country.
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 Eastside South neighborhood spend between 15 and 30 minutes commuting one-way to work (41.3% 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 carpool with coworkers, friends, or neighbors to get to work (35.8%) and 7.5% of residents also hop out the door and walk to work 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.