Real Estate Prices and Overview
N Broad St / E Red Bank Ave median real estate prices are $145,486, which is less expensive than 93.6% of New Jersey neighborhoods
and 56.0% of all U.S. neighborhoods.
Average rental prices in N Broad St / E Red Bank Ave are currently
$790, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 86.5% of New Jersey neighborhoods.
N Broad St / E Red Bank Ave is an urban neighborhood (based on population
density) located in Woodbury, New Jersey.
N Broad St / E Red Bank Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings.
Most of the residential real estate is owner occupied. Many of
the residences in the N Broad St / E Red Bank Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
In N Broad St / E Red Bank Ave, the current vacancy rate is 0.0%,
which is a lower rate of vacancies than 100.0% of all neighborhoods
in the U.S. This means that the housing supply in N Broad St / E Red Bank Ave
is very tight compared to the demand for property here.
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
Notable & Unique: People
There is an especially high percentage of incarcerated people (1.0%)
living in the N Broad St / E Red Bank Ave neighborhood.
Notable & Unique: Diversity
Did you know that the N Broad St / E Red Bank Ave neighborhood has more
Jamaican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.4% of
this neighborhood's residents have Jamaican ancestry and 6.4% have Puerto Rican ancestry.
Notable & Unique: Real Estate
In addition, with a real estate vacancy rate of only 0.0%, the N Broad St / E Red Bank Ave neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
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 N Broad St / E Red Bank Ave neighborhood in Woodbury are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 69.8% of the neighborhoods in America.
With 43.3% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 86.4%
of U.S. neighborhoods.
The Neighbors: Occupations
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 N Broad St / E Red Bank Ave neighborhood, 32.6%
of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 27.2% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(20.5%), and 19.7% in manufacturing and laborer occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the N Broad St / E Red Bank Ave neighborhood in Woodbury, NJ, residents
most commonly identify their ethnicity or ancestry as Irish
(12.2%). There are also a number of people of Italian ancestry (12.2%) , and residents who report German roots (8.2%) , and some of the residents are also of Puerto Rican ancestry (6.4%) , along with some English ancestry residents (5.4%), among others.
The Neighbors: Languages
The most common language spoken in the N Broad St / E Red Bank Ave
neighborhood is English, spoken by 88.2% of households. Some people also speak Spanish (10.6%).
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 N Broad St / E Red Bank Ave neighborhood spend
between 15 and 30 minutes commuting one-way to work (58.7% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (90.6%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (6.4%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.