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Real Estate Prices & Overview

Rutgers University Busch Campus median real estate price is $577,246, which is more expensive than 51.9% of the neighborhoods in New Jersey and 73.0% of the neighborhoods in the U.S.

The average rental price in Rutgers University Busch Campus is currently $4,111, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.1% of the neighborhoods in New Jersey.

Rutgers University Busch Campus is an urban neighborhood (based on population density) located in Piscataway, New Jersey.

Rutgers University Busch Campus 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 Rutgers University Busch Campus neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Rutgers University Busch Campus. The current real estate vacancy rate here is 24.6%. This is higher than the rate of vacancies in 91.6% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Modes of Transportation

More people in Rutgers University Busch Campus choose to walk to work each day (57.4%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

People

NeighborhoodScout's analysis shows that the Rutgers University Busch Campus neighborhood has a greater concentration of residents currently enrolled in college than 99.8% of the neighborhoods in the U.S. With 87.7% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the Rutgers University Busch Campus neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 2.4% of college-friendly places to live in the state of New Jersey.

Real Estate

The Rutgers University Busch Campus 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 97.1% 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.

In addition, renter-occupied real estate is dominant in the Rutgers University Busch Campus neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.8%, which is higher than 99.2% 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, the real estate in the Rutgers University Busch Campus neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 89.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.1% of American neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the Rutgers University Busch Campus neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 71.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 98.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the Rutgers University Busch Campus neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.2% of this neighborhood's residents have Asian ancestry.

Rutgers University Busch Campus is also pretty special linguistically. Significantly, 1.9% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 95.7% of the neighborhoods in America.

The Neighbors

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 Rutgers University Busch Campus neighborhood in Piscataway are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. With 28.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.1% 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 Rutgers University Busch Campus neighborhood, 68.7% 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 19.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (9.7%), and 2.3% in manufacturing and laborer occupations.

Languages

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 Rutgers University Busch Campus neighborhood is English, spoken by 82.8% of households. Other important languages spoken here include Spanish and Chinese.

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 Rutgers University Busch Campus neighborhood in Piscataway, NJ, residents most commonly identify their ethnicity or ancestry as Asian (25.2%). There are also a number of people of Mexican ancestry (2.5%), and residents who report South American roots (1.8%), and some of the residents are also of Spanish ancestry (1.8%), along with some Cuban ancestry residents (1.4%), among others. In addition, 21.2% of the residents of this neighborhood were born in another country.

Getting to Work

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 Rutgers University Busch Campus neighborhood spend under 15 minutes commuting one-way to work (71.5% of working residents), one of the shortest commutes across America.

Here most residents (57.4%) hop out the door and walk to work to get to work. In addition, quite a number also drive alone in a private automobile to get to work (22.5%) . This is a special neighborhood for the number of people who walk to work. Combining exercise, low cost, and reduced pollution, plus the chance to see your neighbors, walking to work is fairly uncommon in America but likely to increase as people try to reduce their dependence on automobiles, and this neighborhood offers that opportunity today.


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