Passaic Park East median real estate price is $558,138, which is more expensive than 43.9% of the neighborhoods in New Jersey and 70.1% of the neighborhoods in the U.S.
The average rental price in Passaic Park East is currently $3,152, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 61.8% of New Jersey neighborhoods.
Passaic Park East is a densely urban neighborhood (based on population density) located in Passaic, New Jersey.
Passaic Park East real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Passaic Park East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In Passaic Park East, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 85.3% of all neighborhoods in the U.S. This means that the housing supply in Passaic Park East 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 Passaic Park East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
More people ride the bus in this neighborhood each day to get to work than 96.9% of U.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 Park East neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Passaic Park East neighborhood has more single mother households than 95.5% 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.
Did you know that the Passaic Park East neighborhood has more Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.7% of this neighborhood's residents have Dominican ancestry.
Passaic Park East is also pretty special linguistically. Significantly, 5.0% 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 97.2% 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 Passaic Park East 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 68.7% of U.S. neighborhoods. With 13.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 59.2% 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 Passaic Park East neighborhood, 33.7% of the working population is employed in executive, management, and professional 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 24.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (23.8%), and 17.7% 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 Passaic Park East neighborhood is English, spoken by 44.9% of households. Other important languages spoken here include Spanish and Langs. of India.
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 Park East neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (25.7%). There are also a number of people of Mexican ancestry (12.7%), and residents who report Asian roots (9.4%), and some of the residents are also of Polish ancestry (8.6%), along with some Puerto Rican ancestry residents (5.9%), among others. In addition, 32.9% 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 Park East neighborhood spend between 45 minutes and one hour commuting one-way to work (28.8% of working residents), longer and tougher than most commutes in America.
Here most residents (55.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (13.0%) and 10.1% of residents also carpool with coworkers, friends, or neighbors 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.