Real estate in popular Montclair neighborhoods
Popular real estate near Montclair, NJ
Montclair is a medium-sized town located in the state of New Jersey. With a population of 37,725 people and 12 constituent neighborhoods, Montclair is the 47th largest community in New Jersey. Montclair has an unusually large stock of pre-World War II architecture, making it one of the older and more historic towns.
Montclair home prices are not only among the most expensive in New Jersey, but Montclair real estate also consistently ranks among the most expensive in America.
Montclair is a decidedly white-collar town, with fully 94.80% of the workforce employed in white-collar jobs, well above the national average. Overall, Montclair is a town of professionals, managers and sales and office workers. There are especially a lot of people living in Montclair who work in management occupations (18.92%), sales jobs (12.55%) and teaching (10.67%).
Of important note, Montclair is also a town of artists. Montclair has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Montclair’s character.
Also of interest is that Montclair has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 8.05% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Montclair is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
One downside of living in Montclair is that it can take a long time to commute to work. In Montclair, the average commute to work is 33.97 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the town, so leaving the car at home and taking transit is often a viable alternative.
Like elsewhere in America, most people in Montclair use a private automobile to get to work. But notably, a substantial number of Montclair‘s citizens do make use of public transit in their daily commute, primarily riding the train. This helps more people get to work with less air pollution, and require fewer highways to get them there.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Montclair. 66.21% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Montclair in 2010 was $58,709, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $234,836 for a family of four.
Montclair is a very ethnically-diverse town. The people who call Montclair home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Montclair residents report their race to be Black or African-American, followed by White. Important ancestries of people in Montclair include Italian, Irish, German, English, Russian and Polish.
The most common language spoken in Montclair is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||15,089|
|MONTCLAIR HOME OWNERSHIP|
|% OWNER OCCUPIED||62.98%|
|% RENTER OCCUPIED||37.02%|
|TYPE OF MONTCLAIR HOMES|
|SINGLE FAMILY DETACHED||53.09%|
|ROWHOUSES AND ATTACHED HOMES||1.81%|
|SMALL APARTMENT BUILDINGS||23.93%|
|COMPLEXES OR HIGH RISE APARTMENTS||21.00%|
|SIZE OF MONTCLAIR HOMES|
|5 OR MORE BEDROOMS||21.16%|
|AGE OF MONTCLAIR HOMES|
|NEWER HOMES (2000 OR LATER)||2.72%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||9.42%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||27.10%|
|HISTORIC (1939 OR BEFORE)||60.77%|
|MONTCLAIR REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$492,071|
|MEDIAN RENTAL PRICE||UNREPORTED|
|PEOPLE OF MONTCLAIR||DETAILS|
|UNDER 5 YEARS||5.82%|
|5 TO 17||19.66%|
|18 TO 24||6.22%|
|25 TO 34||11.37%|
|35 TO 54||32.80%|
|55 TO 64||12.81%|
|65 YEARS AND OVER||11.32%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||95.04%|
|MEDIAN HOUSEHOLD INCOME||$110,957|
|PER CAPITA INCOME||$58,709|
|INDIVIDUALS BELOW POVERTY LEVEL||6.74%|
|INDUSTRIES PEOPLE WORK IN||Education (26.45%)
Professional, scientific, and technical services (18.49%)
Information Technology (7.62%)
Public Service (4.98%)
|BLACK OR AFRICAN AMERICAN||70.46%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.27%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.03%|
|SOME OTHER RACE ALONE||1.98%|
|TWO OR MORE RACES||7.10%|
|HISPANIC OR LATINO (OF ANY RACE)||7.46%|
|ETHNICITIES PRESENT||Italian (9.44%)
West Indian (3.53%)
|LANGUAGES SPOKEN||English (86.65%)
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Montclair, NJ zip codes