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Real Estate Prices & Overview

Wesley Grove / The Post Building median real estate price is $969,677, which is more expensive than 84.6% of the neighborhoods in New Jersey and 88.6% of the neighborhoods in the U.S.

The average rental price in Wesley Grove / The Post Building is currently $4,151, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 85.0% of the neighborhoods in New Jersey.

Wesley Grove / The Post Building 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).

Wesley Grove / The Post Building 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 Wesley Grove / The Post Building neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.

Home and apartment vacancy rates are 8.4% in Wesley Grove / The Post Building. NeighborhoodScout analysis shows that this rate is lower than 46.2% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 get around.

Real Estate

Wesley Grove / The Post Building is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Wesley Grove / The Post Building 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.

People

Of note, 71.1% of the children in this area live in poverty; an extraordinarily high percentage compared to other neighborhoods in the nation. In a nation where approximately one in four children grows up in poverty, this neighborhood stands out for the depth of the problem manifested here.

In addition, one of the most interesting things about the Wesley Grove / The Post Building neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 53.4% 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 97.2% of the neighborhoods in America.

Diversity

Did you know that the Wesley Grove / The Post Building neighborhood has more Yugoslav and British ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.9% of this neighborhood's residents have Yugoslav ancestry and 2.6% have British ancestry.

Wesley Grove / The Post Building 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

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 Wesley Grove / The Post Building neighborhood in Asbury Park are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 84.7% of the neighborhoods in America. With 71.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 98.6% of U.S. neighborhoods.

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 Wesley Grove / The Post Building neighborhood, 56.9% 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 23.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (11.0%), and 8.1% 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 Wesley Grove / The Post Building neighborhood is English, spoken by 90.0% of households. Other important languages spoken here include Italian and Spanish.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Wesley Grove / The Post Building 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 Irish ancestry (16.3%), and residents who report German roots (10.8%), and some of the residents are also of Polish ancestry (8.6%), along with some French ancestry residents (6.1%), among others. In addition, 10.5% of the residents of this neighborhood were born in another country.

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 Wesley Grove / The Post Building neighborhood spend between 15 and 30 minutes commuting one-way to work (38.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (54.8%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.4%) and 5.1% of residents also carpool with coworkers, friends, or neighbors 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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