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Real Estate Prices & Overview

Cedar Greens median real estate price is $885,624, which is more expensive than 88.1% of the neighborhoods in New Jersey and 89.5% of the neighborhoods in the U.S.

The average rental price in Cedar Greens is currently $2,940, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 56.1% of New Jersey neighborhoods.

Cedar Greens is a suburban neighborhood (based on population density) located in Long Branch, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Cedar Greens real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Cedar Greens neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Vacant apartments or homes are a major fact of life in Cedar Greens. The current real estate vacancy rate here is 27.4%. This is higher than the rate of vacancies in 93.4% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (22.9%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually 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 Long Branch, the Cedar Greens neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Cedar Greens is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Cedar Greens 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.

Modes of Transportation

In the Cedar Greens neighborhood, 3.4% of people ride a ferry 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 ferry ridership than in 99.7% of the neighborhoods in America.

People

NeighborhoodScout's analysis shows that the Cedar Greens neighborhood has a greater concentration of residents currently enrolled in college than 97.6% of the neighborhoods in the U.S. With 19.1% of the population here attending college, this is very much a college-focused neighborhood.

In addition, one of the really interesting characteristics about the Cedar Greens 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 4.8% 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 highly educated executives.

Diversity

Did you know that the Cedar Greens neighborhood has more Arab and Brazilian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.6% of this neighborhood's residents have Arab ancestry and 0.9% have Brazilian ancestry.

Cedar Greens is also pretty special linguistically. Significantly, 2.4% 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 98.2% 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 Cedar Greens neighborhood in Long Branch are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 80.7% of the neighborhoods in America. With 28.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.7% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Cedar Greens neighborhood, 48.5% 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 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (14.2%), and 6.7% in manufacturing and laborer occupations.

Languages

The most common language spoken in the Cedar Greens neighborhood is English, spoken by 92.0% of households. Some people also speak Portuguese (2.4%).

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 Cedar Greens neighborhood in Long Branch, NJ, residents most commonly identify their ethnicity or ancestry as Italian (15.4%). There are also a number of people of Arab ancestry (10.6%), and residents who report Irish roots (9.6%), and some of the residents are also of English ancestry (6.2%), along with some German ancestry residents (6.1%), among others.

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 Cedar Greens neighborhood spend under 15 minutes commuting one-way to work (39.5% of working residents), one of the shortest commutes across America.

Here most residents (73.0%) 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 (11.5%) . 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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