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Real Estate Prices & Overview

N 3rd St / Clinton St median real estate price is $283,866, which is less expensive than 92.3% of New Jersey neighborhoods and 65.7% of all U.S. neighborhoods.

The average rental price in N 3rd St / Clinton St is currently $2,416, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 84.3% of New Jersey neighborhoods.

N 3rd St / Clinton St is a densely urban neighborhood (based on population density) located in Paterson, New Jersey.

N 3rd St / Clinton St 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 N 3rd St / Clinton St 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.

Home and apartment vacancy rates are 6.8% in N 3rd St / Clinton St. NeighborhoodScout analysis shows that this rate is lower than 52.4% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Paterson, the N 3rd St / Clinton St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

Single parenting is hard. But you don't have to tell the N 3rd St / Clinton St neighborhood about it; they already know. 29.0% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 99.4% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

In addition, neighborhoodScout's exclusive research revealed that 94.4% of the adult residents in the N 3rd St / Clinton St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.1% of the neighborhoods in America.

Also, the N 3rd St / Clinton St neighborhood stands out for having an average per capita income lower than 96.3% of the neighborhoods in the United States.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the N 3rd St / Clinton St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.0% of all American neighborhoods.

Modes of Transportation

In the N 3rd St / Clinton St 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 20.2% of residents here. This is a higher proportion of walking commuters than we found in 98.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!

Also, more people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.

Real Estate

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 N 3rd St / Clinton St 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, 44.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.8% of America's neighborhoods.

In addition, renter-occupied real estate is dominant in the N 3rd St / Clinton St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.0%, which is higher than 97.6% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Furthermore, if you like crowded places, then you will probably enjoy the the N 3rd St / Clinton St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,716 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the N 3rd St / Clinton St neighborhood is one of the most walkable neighborhoods in America.

Also of note, the N 3rd St / Clinton St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the N 3rd St / Clinton St neighborhood buck this trend. 27.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.8% of U.S. neighborhoods.

Diversity

Did you know that the N 3rd St / Clinton St neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.1% of this neighborhood's residents have Dominican ancestry and 12.2% have Jamaican ancestry.

The Neighbors

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 N 3rd St / Clinton St neighborhood in Paterson are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 96.3% of U.S. neighborhoods. With 50.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.4% 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 N 3rd St / Clinton St neighborhood, 46.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (19.6%), and 7.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the N 3rd St / Clinton St neighborhood is English, spoken by 50.6% of households. Some people also speak Spanish (46.0%).

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 N 3rd St / Clinton St neighborhood in Paterson, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (34.1%). There are also a number of people of Jamaican ancestry (12.2%), and residents who report Puerto Rican roots (7.3%), and some of the residents are also of Sub-Saharan African ancestry (5.2%), along with some South American ancestry residents (5.1%), among others. In addition, 28.1% of the residents of this neighborhood were born in another country.

Getting to Work

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 N 3rd St / Clinton St neighborhood spend under 15 minutes commuting one-way to work (48.0% of working residents), one of the shortest commutes across America.

Here most residents (54.4%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (20.2%) and 12.3% 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.

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