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Real Estate Prices & Overview

Riverside / Town Center median real estate price is $451,176, which is less expensive than 61.9% of New Jersey neighborhoods and 36.5% of all U.S. neighborhoods.

The average rental price in Riverside / Town Center is currently $3,016, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 51.9% of New Jersey neighborhoods.

Riverside / Town Center is an urban neighborhood (based on population density) located in Belleville, New Jersey.

Riverside / Town Center 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 occupied by a mixture of owners and renters. Many of the residences in the Riverside / Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Home and apartment vacancy rates are 7.7% in Riverside / Town Center. NeighborhoodScout analysis shows that this rate is lower than 49.7% 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

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 Riverside / Town 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 35.1% of the real estate here is made up of such dwellings, which is higher than 96.1% of all U.S. neighborhoods.

People

An extraordinary 11.0% of the residents of the Riverside / Town Center neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Diversity

Did you know that the Riverside / Town Center neighborhood has more South American and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 19.3% of this neighborhood's residents have South American ancestry and 21.6% have Puerto Rican ancestry.

Riverside / Town Center is also pretty special linguistically. Significantly, 3.1% 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 96.0% 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 Riverside / Town Center neighborhood in Belleville are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 61.9% of U.S. neighborhoods. With 16.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 62.0% of U.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 Riverside / Town Center neighborhood, 27.9% 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 executive, management, and professional occupations, with 25.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.4%), and 21.2% 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 Riverside / Town Center neighborhood is Spanish, spoken by 54.7% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

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 Riverside / Town Center neighborhood in Belleville, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (21.6%). There are also a number of people of South American ancestry (19.3%), and residents who report Dominican roots (9.9%), and some of the residents are also of Asian ancestry (8.9%), along with some Italian ancestry residents (8.9%), among others. In addition, 30.2% 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 Riverside / Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (32.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (75.7%) 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 (12.1%) and 5.5% 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.


Real Estate includes:
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Economics & Demographics include:
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Household Types
Commute To Work
Migration & Mobility
Race & Ethnic Diversity
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Crime includes:
Neighborhood Crime Index
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Schools include:
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