Real Estate Prices and Overview
Eldert Ln / Jamaica Ave median real estate prices are $399,997, which is more expensive than 61.3% of the neighborhoods
in New York and 87.3% of the
neighborhoods in the U.S.
Average rental prices in Eldert Ln / Jamaica Ave are currently
$1,117, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 60.7%
of the neighborhoods in New York.
Eldert Ln / Jamaica Ave is a densely urban neighborhood (based on population
density) located in Brooklyn, New York.
Eldert Ln / Jamaica Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments.
Most of the residential real estate is renter occupied. Many of
the residences in the Eldert Ln / Jamaica Ave 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.
Eldert Ln / Jamaica Ave has a 15.3% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
74.4% of American neighborhoods). This could either
signal that there is weak demand for real estate in the neighborhood,
or that much of the housing stock is seasonally occupied,
which can occur in some markets dominated by colleges or vacation homes.
Either way, if you live here year round, you will find many of the homes
or apartments are empty for all or a portion of the year.
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 Brooklyn,
the Eldert Ln / Jamaica Ave 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 Eldert Ln / Jamaica Ave neighborhood has more
Dominican and Puerto Rican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 27.0% of
this neighborhood's residents have Dominican ancestry and 19.3% have Puerto Rican ancestry.
Eldert Ln / Jamaica Ave is also pretty special linguistically. Significantly, 4.0% of its residents five years old and above primarily
speak South Asian languages at home. While this may seem like a small percentage, it is higher
than 95.7% of the neighborhoods in America.
Notable & Unique: Real Estate
What you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 64,226 people per square mile, it is more densely populated than 99.1% of America's neighborhoods. Even if you drive or take transit to your place of employment, many
people enjoy being able to walk in their neighborhood. What many people
don't realize is that most of America's premier vacation locations are
also very walkable. The Eldert Ln / Jamaica Ave neighborhood is among
the top 5% of American neighborhoods in terms of walkability.
In addition, three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Eldert Ln / Jamaica Ave neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 75.8% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.8% of America's neighborhoods.
Furthermore, 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 Eldert Ln / Jamaica Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 72.9% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 98.3% of the neighborhoods in the United States.
Notable & Unique: Modes of Transportation
In the Eldert Ln / Jamaica Ave neighborhood, 62.1% of people
ride the train to work each day. This is a very high percentage compared
to most places. In fact, NeighborhoodScout's analysis reveals that this
is a higher level of train ridership than in 99.5% of the
neighborhoods in America.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Eldert Ln / Jamaica Ave neighborhood has
a highly unusual pattern of car ownership.
58.0% of the households in this neighborhood don't own a car at
all. This is more carless households than NeighborhoodScout found in
99.0% of U.S. neighborhoods.
Notable & Unique: Migration/Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the Eldert Ln / Jamaica Ave neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 96.7% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
The Neighbors: Income
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 Eldert Ln / Jamaica Ave neighborhood in Brooklyn are lower-middle income, making it a below average income neighborhood.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 78.7% of U.S. neighborhoods.
With 53.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 92.4%
of U.S. neighborhoods.
The Neighbors: Occupations
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 Eldert Ln / Jamaica Ave neighborhood, 29.5%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 28.7% of the residents employed.
Other residents here are employed in clerical, assistant, and tech support occupations
(21.3%), and 19.5% in executive, management, and professional 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 Eldert Ln / Jamaica Ave neighborhood in Brooklyn, NY, residents
most commonly identify their ethnicity or ancestry as Dominican
(27.0%). There are also a number of people of Puerto Rican ancestry (19.3%) , and residents who report South American roots (9.7%) , and some of the residents are also of Asian ancestry (8.6%) , along with some Mexican ancestry residents (2.9%), among others. In addition, 40.2% 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 Eldert Ln / Jamaica Ave
neighborhood is Spanish, spoken by 64.5% of households. Other important languages spoken here include English and South Asian languages.
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Eldert Ln / Jamaica Ave neighborhood spend
between 45 minutes and one hour commuting one-way to work (49.0% of working
residents), longer and tougher than most commutes in America.
Here most residents (62.1%) take the train to get to work.
In addition, quite a number also drive alone in a private automobile to get to work (15.2%) and 14.8% of residents also ride the bus for their daily commute. This neighborhood is distinguished by the high number of residents who take
the train to work each day, which can be a very good way to get to work at
a lower cost and with less pollution.