Real Estate Prices and Overview
Bloomfield College / Broad St median real estate prices are $271,097, which is more expensive than 42.7% of the neighborhoods
in New Jersey and 74.3% of the
neighborhoods in the U.S.
Average rental prices in Bloomfield College / Broad St are currently
$995, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 57.9% of New Jersey neighborhoods.
Bloomfield College / Broad St is an urban neighborhood (based on population
density) located in Bloomfield, New Jersey.
Bloomfield College / Broad 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 single-family homes.
Most of the residential real estate is renter occupied. Many of
the residences in the Bloomfield College / Broad 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.
Real estate vacancies in Bloomfield College / Broad St are 5.8%,
which is lower than one will find in 71.2% of American
neighborhoods. Demand for real estate in Bloomfield College / Broad St
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
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 Bloomfield,
the Bloomfield College / Broad St neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Bloomfield College / Broad St neighborhood has more
Romanian and Hungarian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.6% of
this neighborhood's residents have Romanian ancestry and 2.1% have Hungarian ancestry.
Bloomfield College / Broad St is also pretty special linguistically. Significantly, 2.3% of its residents five years old and above primarily
speak Polish at home. While this may seem like a small percentage, it is higher
than 98.3% of the neighborhoods in America.
Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute
is an important factor for one's quality of life. The Bloomfield College / Broad St
neighborhood stands out for its commute length, according to NeighborhoodScout's
Long commutes can be brutal. They take time, money, and energy, leaving less
of you for yourself and your family. The residents of the
Bloomfield College / Broad St neighborhood unfortunately have the distinction of having,
on average, a longer commute than most any neighborhood in America.
9.9% 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 97.3%
of all neighborhoods in America.
Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you.
NeighborhoodScout's research revealed that 13.5% of the
Bloomfield College / Broad St neighborhood's commuters ride the train to and from work each
day, which is more than we found in 95.3% of America's
Notable & Unique: Real Estate
In addition, 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 Bloomfield College / Broad St neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 60.0% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.2% of the neighborhoods in the United States.
Notable & Unique: People
With a nice mix of college students, safety from crime, and decent
walkability, the Bloomfield College / Broad St neighborhood rates highly
as a college student friendly place to live, and one that college
students and their parents may want to consider. NeighborhoodScout's
analysis shows that it rates more highly for a good place for college
students to live than 88% of the neighborhoods in
NJ. This often also means that the area has certain amenities
and services geared towards college students, from undergraduates to
The Neighbors: Income
There are two complimentary 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 Bloomfield College / Broad St neighborhood in Bloomfield are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 71.1% of the neighborhoods in America.
With 16.7% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 52.1%
of U.S. neighborhoods.
The Neighbors: Occupations
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 shear diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.
In the Bloomfield College / Broad St neighborhood, 51.4%
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 23.2% of the residents employed.
Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants
(15.6%), and 9.8% in manufacturing and laborer occupations.
The Neighbors: 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 Bloomfield College / Broad St neighborhood in Bloomfield, NJ, residents
most commonly identify their ethnicity or ancestry as Italian
(17.0%). There are also a number of people of Irish ancestry (9.4%) , and residents who report Puerto Rican roots (6.2%) , and some of the residents are also of Asian ancestry (5.7%) , along with some German ancestry residents (5.3%), among others. In addition, 23.8% of the residents of this neighborhood were born in another country.
The Neighbors: 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 Bloomfield College / Broad St
neighborhood is English, spoken by 73.8% of households. Other important languages spoken here include Spanish, Italian, Arabic and Polish.
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 Bloomfield College / Broad St neighborhood spend
between 15 and 30 minutes commuting one-way to work (26.5% of working
residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (9.9%) who
commute over an hour in each direction.
Here most residents (59.9%) drive alone in a private automobile to get to work.
In addition, quite a number also ride the bus to get to work (14.3%) and 13.5% of residents also take the train 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.