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Real Estate Prices & Overview

Elmwood North median real estate price is $474,607, which is less expensive than 57.3% of New Jersey neighborhoods and 35.2% of all U.S. neighborhoods.

The average rental price in Elmwood North is currently $2,741, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.1% of New Jersey neighborhoods.

Elmwood North is a densely urban neighborhood (based on population density) located in East Orange, New Jersey.

Elmwood North 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 renter occupied. Many of the residences in the Elmwood North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Elmwood North has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 64.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.6% of U.S. neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 11.7% of the Elmwood North neighborhood's commuters ride the train to and from work each day, which is more than we found in 95.6% of America's neighborhoods.

People

Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Elmwood North neighborhood has more single mother households than 98.8% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.

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 Elmwood North 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 52.5% 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 Elmwood North neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.4% of neighborhoods in the U.S., with 26,757 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Elmwood North neighborhood is one of the most walkable neighborhoods in America.

Furthermore, renter-occupied real estate is dominant in the Elmwood North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.2%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Elmwood North neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Elmwood North neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.0% 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 97.8% of all neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the Elmwood North neighborhood have a highly unusual car ownership. 23.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.2% of U.S. neighborhoods.

Diversity

Did you know that the Elmwood North neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.9% of this neighborhood's residents have Sub-Saharan African ancestry and 7.1% have Jamaican ancestry.

Elmwood North is also pretty special linguistically. Significantly, 3.6% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 97.8% 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 Elmwood North neighborhood in East Orange are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 62.2% of U.S. neighborhoods. With 15.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 60.3% 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 Elmwood North neighborhood, 29.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.8%), and 19.2% 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 Elmwood North neighborhood is English, spoken by 81.8% of households. Other important languages spoken here include Spanish and African languages.

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 Elmwood North neighborhood in East Orange, NJ, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (20.9%). There are also a number of people of Jamaican ancestry (7.1%), and residents who report Mexican roots (5.5%), and some of the residents are also of African ancestry (3.5%), along with some South American ancestry residents (2.1%), among others. In addition, 22.3% 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 Elmwood North neighborhood spend between 15 and 30 minutes commuting one-way to work (34.8% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (13.0%) who commute over an hour in each direction.

Here most residents (37.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (29.7%) and 11.7% 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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