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Real Estate Prices & Overview

Median real estate price in the City Center of Bayonne is $570,123, which is more expensive than 60.6% of the neighborhoods in New Jersey and 75.0% of the neighborhoods in the U.S.

The average rental price in Bayonne City Center is currently $2,427, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.8% of New Jersey neighborhoods.

Bayonne City Center is a densely urban neighborhood (based on population density) located in Bayonne, New Jersey.

Real estate in the City Center of Bayonne, NJ 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 City Center 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.

Bayonne City Center has a 9.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.4% of American neighborhoods). A relatively large percentage of housing here is seasonally occupied (5.5%), which can occur in some markets dominated by colleges or vacation homes. 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 Bayonne, the City Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Bayonne City Center 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 52.2% of the real estate here is made up of such dwellings, which is higher than 98.6% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Bayonne City Center neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.5% of neighborhoods in the U.S., with 27,414 people per square mile living here. 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 Bayonne City Center neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Bayonne City Center neighborhood buck this trend. 32.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.5% of U.S. neighborhoods.

Modes of Transportation

If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 20.8% of the Bayonne City Center neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.3% of America's neighborhoods.

Also, our research revealed that more commuters here take the bus to work (13.0% ride the bus) than 96.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Bayonne City Center neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 11.3% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 96.6% of all neighborhoods in America.

Diversity

Did you know that the Bayonne City Center neighborhood has more Arab and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.6% of this neighborhood's residents have Arab ancestry and 6.6% have Cuban ancestry.

Bayonne City Center is also pretty special linguistically. Significantly, 2.0% of its residents five years old and above primarily speak Russian at home. While this may seem like a small percentage, it is higher than 98.6% 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 City Center 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 49.6% of the neighborhoods in America. With 24.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.5% 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 Bayonne City Center neighborhood, 26.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 26.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (25.6%), and 21.7% in manufacturing and laborer 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 Bayonne City Center neighborhood is English, spoken by 56.8% of households. Other important languages spoken here include Spanish, Arabic and Polish.

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 City Center neighborhood in Bayonne, NJ, residents most commonly identify their ethnicity or ancestry as Italian (10.7%). There are also a number of people of Puerto Rican ancestry (10.3%), and residents who report Polish roots (8.5%), and some of the residents are also of Cuban ancestry (6.6%), along with some Arab ancestry residents (6.6%), among others. In addition, 30.6% 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 Bayonne City Center neighborhood spend between 30 and 45 minutes commuting one-way to work (23.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (11.3%) who commute over an hour in each direction.

Here most residents (42.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (20.8%) and 13.0% of residents also ride the bus 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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