Passaic Northwest median real estate price is $537,925, which is more expensive than 40.1% of the neighborhoods in New Jersey and 69.2% of the neighborhoods in the U.S.
The average rental price in Passaic Northwest is currently $2,905, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.3% of New Jersey neighborhoods.
Passaic Northwest is a densely urban neighborhood (based on population density) located in Passaic, New Jersey.
Passaic 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 Passaic Northwest 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.
Real estate vacancies in Passaic Northwest are 3.2%, which is lower than one will find in 77.1% of American neighborhoods. Demand for real estate in Passaic Northwest is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.
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 Passaic Northwest neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The Passaic Northwest neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,222 persons per square mile in the neighborhood, it is more packed with people than 97.2% 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 Passaic Northwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, 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 Passaic Northwest 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, 45.9% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.1% of America's neighborhoods.
Furthermore, 85.3% of the real estate in the Passaic Northwest neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Also of note, 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 Passaic Northwest neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 56.6% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.8% of the neighborhoods in the United States.
In the Passaic Northwest neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 22.1% of residents here. This is a higher proportion of walking commuters than we found in 98.5% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Also, our research shows that more people carpool to work here in the Passaic Northwest (24.6%) than in 96.6% of the neighborhoods in America.
NeighborhoodScout's exclusive research identifies the Passaic Northwest 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 46.8% of its working residents employed in such fields, which is a higher proportion than 98.2% of American neighborhoods.
NeighborhoodScout's exclusive research revealed that 94.2% of the adult residents in the Passaic Northwest neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.0% of the neighborhoods in America.
Did you know that the Passaic Northwest neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.1% of this neighborhood's residents have Dominican ancestry and 9.6% have South American ancestry.
Passaic Northwest is also pretty special linguistically. Significantly, 81.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% of all U.S. neighborhoods.
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. More residents of the Passaic Northwest neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.2% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Passaic Northwest neighborhood has a greater percentage of residents born in another country (55.2%) than are found in 98.5% of all U.S. neighborhoods.
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 Passaic Northwest neighborhood in Passaic are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.4% of U.S. neighborhoods. With 40.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.7% 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 Passaic Northwest neighborhood, 46.8% 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 26.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (16.8%), and 9.5% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Passaic Northwest neighborhood is Spanish, spoken by 81.8% of households. Some people also speak English (18.2%).
Ethnicity / Ancestry
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 Passaic Northwest neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (41.5%). There are also a number of people of Dominican ancestry (24.1%), and residents who report South American roots (9.6%), and some of the residents are also of Puerto Rican ancestry (7.9%), along with some Jamaican ancestry residents (2.4%), among others. In addition, 55.2% 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 Passaic Northwest neighborhood spend between 15 and 30 minutes commuting one-way to work (58.2% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (39.1%) 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 (24.6%) and 22.1% 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.
