Real Estate Prices and Overview
Eldert Ln / Jamaica Ave median real estate prices are $399,997, which is more expensive than 60.7% 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
$1,186, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 42.7% of New York neighborhoods.
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
When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.
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. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Eldert Ln / Jamaica Ave neighborhood is one of the most walkable neighborhoods in America.
In addition, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Eldert Ln / Jamaica Ave neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 75.8% of the real estate here is made up of such dwellings, which is higher than 99.8% of all U.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
Most American households own a car or other vehicle. Many own two cars
or perhaps three. In the United States, it is useful to have an automobile
not only for commuting, but also for shopping and getting to other services
one needs. But NeighborhoodScout's analysis revealed that households in
the Eldert Ln / Jamaica Ave neighborhood have a highly unusual 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
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
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
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 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
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.
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
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 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.