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Real Estate Prices & Overview

Median real estate price in the Borough Center of Fair Lawn is $586,099, which is more expensive than 67.7% of the neighborhoods in New Jersey and 78.2% of the neighborhoods in the U.S.

The average rental price in Fair Lawn Borough Center is currently $3,935, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.8% of the neighborhoods in New Jersey.

Fair Lawn Borough Center is an urban neighborhood (based on population density) located in Fair Lawn, New Jersey.

Real estate in the Borough Center of Fair Lawn, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four 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 Borough Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 7.3% in Fair Lawn Borough Center. NeighborhoodScout analysis shows that this rate is lower than 53.6% 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 Fair Lawn, the Borough Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Diversity

Did you know that the Fair Lawn Borough Center neighborhood has more Italian and Russian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.9% of this neighborhood's residents have Italian ancestry and 4.5% have Russian ancestry.

Fair Lawn Borough Center is also pretty special linguistically. Significantly, 4.6% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 99.7% 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 Borough Center neighborhood in Fair Lawn 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 85.8% of the neighborhoods in America. In addition, 9.1% 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 53.7% of America's neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Fair Lawn Borough Center neighborhood, 51.5% 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 18.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.3%), and 15.1% in clerical, assistant, and tech support 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 Fair Lawn Borough Center neighborhood is English, spoken by 70.6% of households. Other important languages spoken here include Spanish, Russian and Korean.

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 Borough Center neighborhood in Fair Lawn, NJ, residents most commonly identify their ethnicity or ancestry as Italian (21.9%). There are also a number of people of Irish ancestry (21.3%), and residents who report Asian roots (10.8%), and some of the residents are also of Polish ancestry (10.6%), along with some English ancestry residents (10.3%), among others. In addition, 25.5% 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 Fair Lawn Borough Center neighborhood spend under 15 minutes commuting one-way to work (29.6% of working residents), one of the shortest commutes across America.

Here most residents (74.9%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (7.0%) and 6.6% 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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