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Real Estate Prices & Overview

Teaneck Southeast median real estate price is $713,233, which is more expensive than 63.5% of the neighborhoods in New Jersey and 79.8% of the neighborhoods in the U.S.

The average rental price in Teaneck Southeast is currently $2,652, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.9% of New Jersey neighborhoods.

Teaneck Southeast is an urban neighborhood (based on population density) located in Teaneck, New Jersey.

Teaneck Southeast real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Teaneck Southeast neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Teaneck Southeast are 4.3%, which is lower than one will find in 68.7% of American neighborhoods. Demand for real estate in Teaneck Southeast 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.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

People

Of note is NeighborhoodScout's research finding that the Teaneck Southeast neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Teaneck Southeast community truly stands out from the rest in this regard.

In addition, if you're a regular supporter of the arts and enjoy outings to the theatre, weekend boutique-ing, or even a finely aged wine with dinner, than you're in good company with the people of the Teaneck Southeast neighborhood. This neighborhood is uniquely immersed with more "urban sophisticates" than 96.2% of neighborhoods across the country. The people here truly stand out as a class among their own. They are an exclusive community characterized by refined tastes, cultural inclinations, and the means to live well. Urban sophisticates live a big city lifestyle, whether or not they live in or near a big city. They are educated executives or managers by week, and serial patrons of the arts by weekend. If this lifestyle pertains to you, than you'll certainly feel right at home in the Teaneck Southeast neighborhood. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for college students.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 98.6% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Teaneck Southeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.1% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.8% of all neighborhoods in America.

Diversity

Did you know that the Teaneck Southeast neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.0% of this neighborhood's residents have Dominican ancestry and 13.1% have Puerto Rican ancestry.

Teaneck Southeast is also pretty special linguistically. Significantly, 6.5% of its residents five years old and above primarily speak Urdu, which is the national language of Pakistan, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

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 Teaneck Southeast neighborhood in Teaneck are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 91.9% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 Teaneck Southeast neighborhood, 52.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 17.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.9%), and 13.8% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Teaneck Southeast neighborhood is English, spoken by 56.6% of households. Other important languages spoken here include Spanish, Urdu (the national language of Pakistan), Korean and Langs. of India.

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 Teaneck Southeast neighborhood in Teaneck, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (20.0%). There are also a number of people of Asian ancestry (14.5%), and residents who report Puerto Rican roots (13.1%), and some of the residents are also of Sub-Saharan African ancestry (5.3%), along with some South American ancestry residents (5.2%), among others. In addition, 32.4% 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 Teaneck Southeast neighborhood spend between 45 minutes and one hour commuting one-way to work (30.5% of working residents), longer and tougher than most commutes in America.

Here most residents (59.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (18.6%) and 6.5% 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.

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