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Real Estate Prices & Overview

Britwood / The Capri median real estate price is $616,498, which is more expensive than 55.8% of the neighborhoods in New Jersey and 74.3% of the neighborhoods in the U.S.

The average rental price in Britwood / The Capri is currently $3,114, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.3% of New Jersey neighborhoods.

Britwood / The Capri is an urban neighborhood (based on population density) located in Asbury Park, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Britwood / The Capri real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Britwood / The Capri neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Vacant apartments or homes are a major fact of life in Britwood / The Capri. The current real estate vacancy rate here is 20.5%. This is higher than the rate of vacancies in 87.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (12.1%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Britwood / The Capri neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Britwood / The Capri is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, 88.6% of the real estate in the Britwood / The Capri neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

People

Of note is NeighborhoodScout's research finding that the Britwood / The Capri neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Britwood / The Capri community truly stands out from the rest in this regard.

In addition, one of the most interesting things about the Britwood / The Capri neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.5% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.8% of the neighborhoods in America.

Modes of Transportation

More people in Britwood / The Capri choose to walk to work each day (13.0%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the Britwood / The Capri neighborhood has more Ukrainian and Croatian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 5.3% of this neighborhood's residents have Ukrainian ancestry and 1.1% have Croatian ancestry.

Britwood / The Capri is also pretty special linguistically. Significantly, 10.4% of its residents five years old and above primarily speak Italian at home. While this may seem like a small percentage, it is higher than 98.1% 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 Britwood / The Capri neighborhood in Asbury Park are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 87.7% of U.S. neighborhoods. In addition, 0.0% 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 100.0% 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 Britwood / The Capri neighborhood, 47.9% 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 22.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.3%), and 10.9% 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 Britwood / The Capri neighborhood is English, spoken by 83.0% of households. Other important languages spoken here include Spanish, Italian and French.

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 Britwood / The Capri neighborhood in Asbury Park, NJ, residents most commonly identify their ethnicity or ancestry as Italian (19.2%). There are also a number of people of German ancestry (16.4%), and residents who report Irish roots (12.4%), and some of the residents are also of Puerto Rican ancestry (9.5%), along with some Polish ancestry residents (7.3%), among others.

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 Britwood / The Capri neighborhood spend between 15 and 30 minutes commuting one-way to work (55.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (62.4%) 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 (17.8%) and 13.0% of residents also hop out the door and walk to work 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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