Fairway / Montclair Upper median real estate price is $1,494,611, which is more expensive than 96.9% of the neighborhoods in New Jersey and 96.4% of the neighborhoods in the U.S.
The average rental price in Fairway / Montclair Upper is currently $4,943, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 91.4% of the neighborhoods in New Jersey.
Fairway / Montclair Upper is a suburban neighborhood (based on population density) located in Montclair, New Jersey.
Fairway / Montclair Upper real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Fairway / Montclair Upper neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
Home and apartment vacancy rates are 9.2% in Fairway / Montclair Upper. NeighborhoodScout analysis shows that this rate is lower than 40.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 0.6% of America's neighborhoods are wealthier than the Fairway / Montclair Upper neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Fairway / Montclair Upper also has one of the lowest ratings of child poverty in the nation.
In addition, 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 Fairway / Montclair Upper neighborhood: a neighborhood in which more "urban sophisticates" live than 100.0% 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 families with school-aged children and highly educated executives.
Also, the rate of college educated adults in the Fairway / Montclair Upper neighborhood is a unique characteristic of the neighborhood. 88.1% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 35.0% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 99.5% of all U.S. neighborhoods.
Finally, priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Fairway / Montclair Upper neighborhood may actually hold the key. 72.4% of its residents are married, which is a higher percentage than is found in 98.0% of the neighborhoods in America.
A unique way of commuting is simply not to. And in the Fairway / Montclair Upper neighborhood, analysis shows that 49.9% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 99.8% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Also, our research revealed that more commuters here take the bus to work (12.5% ride the bus) than 96.5% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
Finally, if you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 12.9% of the Fairway / Montclair Upper neighborhood's commuters ride the train to and from work each day, which is more than we found in 96.2% of America's neighborhoods.
Executives, managers and professionals make up 85.1% of the workforce in the Fairway / Montclair Upper neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.7% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.
Owner-occupied real estate dominates the Fairway / Montclair Upper neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.5% of neighborhoods in America.
In addition, one way that the Fairway / Montclair Upper neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 97.4% 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.
Furthermore, the Fairway / Montclair Upper neighborhood has earned the amazing distinction of having one of the highest rates of detached, single-family homes of any neighborhood in the U.S. With 98.8% of the residential real estate here made up of free-standing single-family homes, there is a greater proportion of single-family homes here than in 97.4% of all neighborhoods in America.
Also of note, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Fairway / Montclair Upper neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 54.1% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 95.0% of the neighborhoods in the United States.
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Fairway / Montclair Upper 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 Fairway / Montclair Upper neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 15.7% 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 98.8% of all neighborhoods in America.
Did you know that the Fairway / Montclair Upper neighborhood has more Romanian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.4% of this neighborhood's residents have Romanian ancestry and 3.7% have Eastern European ancestry.
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 Fairway / Montclair Upper neighborhood in Montclair 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 99.4% 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 old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Fairway / Montclair Upper neighborhood, 85.1% 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 10.5% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (4.8%), and 2.9% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Fairway / Montclair Upper neighborhood is English, spoken by 87.4% of households. Some people also speak Spanish (3.9%).
Ethnicity / Ancestry
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 Fairway / Montclair Upper neighborhood in Montclair, NJ, residents most commonly identify their ethnicity or ancestry as Irish (19.0%). There are also a number of people of German ancestry (13.6%), and residents who report Italian roots (11.9%), and some of the residents are also of Russian ancestry (5.4%), along with some English ancestry residents (5.1%), among others.
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 Fairway / Montclair Upper neighborhood spend between 45 minutes and one hour commuting one-way to work (47.1% of working residents), longer and tougher than most commutes in America.
Here most residents (21.7%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (12.9%) and 12.5% of residents also ride the bus 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.
