Dewey St / Edwin Pl median real estate price is $219,473, which is less expensive than 80.6% of New Jersey neighborhoods and 42.0% of all U.S. neighborhoods.
The average rental price in Dewey St / Edwin Pl is currently $1,183, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 83.6% of New Jersey neighborhoods.
Dewey St / Edwin Pl is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Dewey St / Edwin Pl 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 Dewey St / Edwin Pl neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Dewey St / Edwin Pl. The current real estate vacancy rate here is 29.7%. This is higher than the rate of vacancies in 94.0% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.