Port Jersey Blvd / Industrial Dr median real estate price is $497,795, which is more expensive than 74.7% of the neighborhoods in New Jersey and 82.3% of the neighborhoods in the U.S.
The average rental price in Port Jersey Blvd / Industrial Dr is currently $3,609, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 92.3% of the neighborhoods in New Jersey.
Port Jersey Blvd / Industrial Dr is a suburban neighborhood (based on population density) located in Jersey City, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Port Jersey Blvd / Industrial Dr 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Port Jersey Blvd / Industrial Dr neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.
In Port Jersey Blvd / Industrial Dr, the current vacancy rate is 3.2%, which is a lower rate of vacancies than 85.1% of all neighborhoods in the U.S. This means that the housing supply in Port Jersey Blvd / Industrial Dr is very tight compared to the demand for property here.
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 Jersey City, the Port Jersey Blvd / Industrial Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The Port Jersey Blvd / Industrial Dr neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Port Jersey Blvd / Industrial Dr is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Port Jersey Blvd / Industrial Dr neighborhood could be your paradise. With 27.2% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 3.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 18.9% of the Port Jersey Blvd / Industrial Dr neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 100.0% of America's neighborhoods.
Also, in the Port Jersey Blvd / Industrial Dr neighborhood, 18.7% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 95.9% of the neighborhoods in America.
The first thing that you'll notice if you moved to this neighborhood is that an astounding 6.0% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.9% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Port Jersey Blvd / Industrial Dr neighborhood should definitely be on your list of places to consider.
In addition, the rate of college educated adults in the Port Jersey Blvd / Industrial Dr neighborhood is a unique characteristic of the neighborhood. 81.6% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 32.1% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.7% of all U.S. neighborhoods.
Also, 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 Port Jersey Blvd / Industrial Dr neighborhood is wealthier than 97.5% 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.
Finally, the Port Jersey Blvd / Industrial Dr neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.4% of New Jersey neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates.
Executives, managers and professionals make up 71.5% of the workforce in the Port Jersey Blvd / Industrial Dr neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 97.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Did you know that the Port Jersey Blvd / Industrial Dr neighborhood has more Brazilian and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Brazilian ancestry and 6.2% have Dominican ancestry.
Port Jersey Blvd / Industrial Dr is also pretty special linguistically. Significantly, 9.5% of its residents five years old and above primarily speak Langs. of India at home. While this may seem like a small percentage, it is higher than 99.2% of the neighborhoods in America.
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 Port Jersey Blvd / Industrial Dr neighborhood in Jersey City 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 97.5% of the neighborhoods in America. In addition, 2.5% 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 80.9% of America'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 Port Jersey Blvd / Industrial Dr neighborhood, 71.5% 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 16.2% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.6%), and 2.7% in clerical, assistant, and tech support occupations.
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 Port Jersey Blvd / Industrial Dr neighborhood is English, spoken by 56.9% of households. Other important languages spoken here include Langs. of India, Spanish, Korean and Portuguese.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Port Jersey Blvd / Industrial Dr neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Asian (25.9%). There are also a number of people of Italian ancestry (12.5%), and residents who report Irish roots (9.6%), and some of the residents are also of German ancestry (6.3%), along with some Dominican ancestry residents (6.2%), among others. In addition, 36.1% of the residents of this neighborhood were born in another country.
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 Port Jersey Blvd / Industrial Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (42.6% of working residents), longer and tougher than most commutes in America.
Here most residents (40.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride a ferry to get to work (18.9%) and 18.7% 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.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2019 (latest available). Updated annually. Please note: Unemployment data updated February 2021.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2019 calendar year; released from FBI in Sept. 2020 (latest available). Updated annually. Where is 2020 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
There are no schools physically located in this neighborhood.
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Analytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
|Time Period||Total Appreciation||Avg. Annual Rate||
3 Year Forecast:
2021 Q1 - 2024 Q1
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
2000 Q1 - 2020 Q4
|* 10 is highest|