Hoboken, NJ (Observer Hwy / Newark St)




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Observer Hwy / Newark St

NEIGHBORHOOD REPORT
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640 Vital Statistics. 30 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 7 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 3 Alerts

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Crimes alerts

Crimes


67

Statistics

alerts 3 Alerts

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Schools alerts

Schools


65

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alerts 12 Alerts

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328

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alerts 5 Alerts

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About Hoboken, NJ (Observer Hwy / Newark St)


Real Estate Prices and Overview

Observer Hwy / Newark St median real estate price is $635,016, which is more expensive than 90.2% of the neighborhoods in New Jersey and 92.2% of the neighborhoods in the U.S.

The average rental price in Observer Hwy / Newark St is currently $2,715, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 97.7% of the neighborhoods in New Jersey.

Observer Hwy / Newark St is a densely urban neighborhood (based on population density) located in Hoboken, New Jersey.

Observer Hwy / Newark St 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 Observer Hwy / Newark St neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.8% in Observer Hwy / Newark St. NeighborhoodScout analysis shows that this rate is lower than 46.6% 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.

Notable & Unique: People

Wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Observer Hwy / Newark St neighborhood is wealthier than 99.6% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the sheer amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood. As one would expect in a considerably wealthy neighborhood such as this, Observer Hwy / Newark St also has one of the lowest ratings of child poverty in the nation.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 91.7% of the adults living in the Observer Hwy / Newark St neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.9% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Also, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Observer Hwy / Newark St neighborhood: a neighborhood in which more "urban sophisticates" live than 99.3% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for young, single professionals.

Notable & Unique: Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 3.9% of the Observer Hwy / Newark St neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.8% of America's neighborhoods.

Also, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 52.9% of the Observer Hwy / Newark St neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.9% of America's neighborhoods.

Notable & Unique: Diversity

Did you know that the Observer Hwy / Newark St neighborhood has more Lebanese and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.2% of this neighborhood's residents have Lebanese ancestry and 2.9% have Eastern European ancestry.

Observer Hwy / Newark St is also pretty special linguistically. Significantly, 2.5% of its residents five years old and above primarily speak Gujarati, which is native to the Indian state of Gujarat, at home. While this may seem like a small percentage, it is higher than 99.0% of the neighborhoods in America.

Notable & Unique: Occupations

Executives, managers and professionals make up 72.0% of the workforce in the Observer Hwy / Newark St neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.6% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: Real Estate

The Observer Hwy / Newark St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,173 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.

In addition, the real estate in the Observer Hwy / Newark St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 79.5% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.2% of American neighborhoods.

Furthermore, homes built from 2000 through today make up a higher proportion of the Observer Hwy / Newark St neighborhood's real estate landscape than 96.8% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 55.3% of the residential real estate here is classified as newer.

Also of note, the Observer Hwy / Newark St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 82.7% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.


The Neighbors

The Neighbors: Income

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 Observer Hwy / Newark St neighborhood in Hoboken are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

The Neighbors: Occupations

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 Observer Hwy / Newark St neighborhood, 72.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 18.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (6.6%), and 3.2% in manufacturing and laborer occupations.

The Neighbors: Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Observer Hwy / Newark St neighborhood in Hoboken, NJ, residents most commonly identify their ethnicity or ancestry as Italian (26.4%). There are also a number of people of Irish ancestry (24.7%), and residents who report German roots (17.9%), and some of the residents are also of Asian ancestry (12.9%), along with some English ancestry residents (5.5%), among others. In addition, 13.2% of the residents of this neighborhood were born in another country.

The Neighbors: 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 Observer Hwy / Newark St neighborhood is English, spoken by 85.1% of households. Other important languages spoken here include South Asian languages, Chinese, Spanish and Gujarati (native to the Indian state of Gujarat).

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 Observer Hwy / Newark St neighborhood spend between 45 minutes and one hour commuting one-way to work (41.8% of working residents), longer and tougher than most commutes in America.

Here most residents (52.9%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.2%) . This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.

Neighborhood Real Estate Data

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Hoboken, NJ (Observer Hwy / Newark St) HOMES

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TYPE OF Hoboken, NJ (Observer Hwy / Newark St) HOMES

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SIZE OF Hoboken, NJ (Observer Hwy / Newark St) HOMES

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SIZE OF Hoboken, NJ (Observer Hwy / Newark St) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 3 Condition Alerts found.

Lifestyle

 
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Age / Marital Status

 

Age

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Military & College Status

 
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Household Types

 

One person households

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Observer Hwy / Newark St

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Per Capita Income

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Education

 

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 3 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
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Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Observer Hwy / Newark St 0.101011101001110
Hoboken 0.101011101001110
New Jersey 2.55
My Chances of Becoming a Victim of a Violent Crime

1 in

in Observer Hwy / Newark St

1 in

in Hoboken

1 in 392

in New Jersey
Hoboken VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Observer Hwy / Newark St 0.101011101001110
Hoboken 0.101011101001110
New Jersey 16.26
My Chances of Becoming a Victim of a Property Crime

1 in

in Observer Hwy / Newark St

1 in

in Hoboken

1 in 61

in New Jersey
Hoboken Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Observer Hwy / Newark St 0.101011101001110
Hoboken 0.101011101001110
New Jersey 69

Neighborhood Public School Data

65 Vital Statistics. 12 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

HOBOKEN PUBLIC SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New Jersey

(10 is best)

Better than of NJ school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

Schools In This District

School Details Grades Quality Rating Compared to NJ Quality Rating Compared to Nation
Thomas G. Connors
201 Monroe Street
Hoboken, NJ, 07030
PK-06
Joseph F Brandt School
215 Ninth Street
Hoboken, NJ, 07030
PK-KG
Salvatore R. Calabro
524 Park Avenue
Hoboken, NJ, 07030
KG-06
Wallace Elementary School
1100 Willow Avenue
Hoboken, NJ, 07030
PK-06
Hoboken Junior Senior High School
Ninth & Clinton Sts
Hoboken, NJ, 07030
07-12

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
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