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Real Estate Prices & Overview

North Bayonne East median real estate price is $496,374, which is more expensive than 46.9% of the neighborhoods in New Jersey and 68.2% of the neighborhoods in the U.S.

The average rental price in North Bayonne East is currently $2,672, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.5% of New Jersey neighborhoods.

North Bayonne East is an urban neighborhood (based on population density) located in Bayonne, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

North Bayonne East 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 occupied by a mixture of owners and renters. Many of the residences in the North Bayonne East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 9.4% in North Bayonne East. NeighborhoodScout analysis shows that this rate is lower than 41.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Bayonne, the North Bayonne East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

North Bayonne East 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, North Bayonne East 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, 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 North Bayonne East 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 48.7% of the real estate here is made up of such dwellings, which is higher than 98.3% of all U.S. neighborhoods.

Diversity

Did you know that the North Bayonne East neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 15.8% of this neighborhood's residents have Puerto Rican ancestry and 8.1% have Dominican ancestry.

North Bayonne East is also pretty special linguistically. Significantly, 5.8% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 98.5% 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 North Bayonne East neighborhood in Bayonne are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 45.0% of the neighborhoods in America. With 33.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the North Bayonne East neighborhood, 36.5% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 25.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.4%), and 15.7% 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 North Bayonne East neighborhood is English, spoken by 63.1% of households. Other important languages spoken here include Spanish, Tagalog (the first language of the Philippine region) and Polish.

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 North Bayonne East neighborhood in Bayonne, NJ, residents most commonly identify their ethnicity or ancestry as Irish (22.4%). There are also a number of people of Puerto Rican ancestry (15.8%), and residents who report Asian roots (13.7%), and some of the residents are also of Italian ancestry (13.7%), along with some German ancestry residents (9.7%), among others. In addition, 21.2% of the residents of this neighborhood were born in another country.

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 North Bayonne East neighborhood spend under 15 minutes commuting one-way to work (36.9% of working residents), one of the shortest commutes across America.

Here most residents (68.0%) 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 (8.7%) and 7.2% of residents also take the train 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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