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
Notable & Unique: Diversity
Did you know that the Oak Ridge Rd / Lake Ave neighborhood has more
Portuguese and Italian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 6.1% of
this neighborhood's residents have Portuguese ancestry and 29.0% have Italian ancestry.
Oak Ridge Rd / Lake Ave is also pretty special linguistically. Significantly, 5.4% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 99.3% of the neighborhoods in America.
Notable & Unique: Migration / Stability
The freedom of moving to new places versus the comfort of home. How much
and how often people move not only can create diverse and worldly neighborhoods,
but simultaneously it can produce a loss of intimacy with one's surroundings
and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive
research has identified this neighborhood as unique with regard to the
transience of its populace.
More residents of the Oak Ridge Rd / Lake Ave neighborhood live here
today that also were living in this same neighborhood five years ago
than is found in 98.3% of U.S. neighborhoods. This neighborhood
is really made up of people who know each other, don't move often, and
have lived here in this very neighborhood for quite a while.
Notable & Unique: Car Ownership
We Americans love our cars. Not only are they a necessity for most Americans
due to the shape of our neighborhoods and the distances between where we
live, work, shop, and go to school, but we also fancy them. As a result,
most households in America have one, two, or three cars. But NeighborhoodScout's
exclusive analysis shows that the Oak Ridge Rd / Lake Ave neighborhood has
a highly unusual pattern of car ownership.
Residents of this neighborhood must really love automobiles. NeighborhoodScout's
Analysis reveals that 23.4% of the households here have four, five,
or more cars. That is more cars per household than in 98.1% of
the neighborhoods in the nation.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Oak Ridge Rd / Lake Ave neighborhood stands out by having 93.9% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 96.0% of all American
Notable & Unique: People
One of the really interesting characteristics about the
Oak Ridge Rd / Lake Ave neighborhood is that, according to NeighborhoodScout's
exclusive research, it is an excellent choice in which to reside for
college students. Due to its popularity among college students who
already choose to live here, its walkability, and its above average
safety from crime, the neighborhood is ideal for prospective or
already-enrolled college students. Between semesters and during
school breaks, you'll notice that the excitement here fluctuates with
the college seasons. Despite the excitement however, parents of college-age
children can rest easy knowing that this
neighborhood has an above average safety rating. For each of these
reasons, the neighborhood is rated among the
top 4.4% of college-friendly places to live in
the state of New Jersey.
In addition to being an excellent choice for college students, this
neighborhood is also a very good choice for urban sophisticates and families with school-aged children.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.6% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Oak Ridge Rd / Lake Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
Furthermore, one way that the Oak Ridge Rd / Lake Ave neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.8% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.