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Real Estate Prices & Overview

Netherwood median real estate price is $383,705, which is more expensive than 29.3% of the neighborhoods in New Jersey and 52.1% of the neighborhoods in the U.S.

The average rental price in Netherwood is currently $3,069, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 49.9% of New Jersey neighborhoods.

Netherwood is a densely urban neighborhood (based on population density) located in Plainfield, New Jersey.

Netherwood 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 Netherwood neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Netherwood are 5.3%, which is lower than one will find in 64.4% of American neighborhoods. Demand for real estate in Netherwood is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

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.

Modes of Transportation

In the Netherwood neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.3% of commuters carpool here, which is more than in 98.9% of all U.S. neighborhoods.

Real Estate

Corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Netherwood neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 33.6% of the real estate here is made up of such dwellings, which is higher than 95.7% of all U.S. neighborhoods.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Netherwood neighborhood has a greater percentage of residents born in another country (49.6%) than are found in 97.5% of all U.S. neighborhoods.

Diversity

Did you know that the Netherwood neighborhood has more South American and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.2% of this neighborhood's residents have South American ancestry and 2.9% have Jamaican ancestry.

Netherwood is also pretty special linguistically. Significantly, 66.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.9% of all U.S. neighborhoods.

The Neighbors

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 Netherwood neighborhood in Plainfield are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 48.6% of the neighborhoods in America. With 21.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 70.9% of U.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 Netherwood neighborhood, 39.1% of the working population is employed in manufacturing and laborer 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 36.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.6%), and 9.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the Netherwood neighborhood is Spanish, spoken by 66.7% of households. Some people also speak English (32.9%).

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 Netherwood neighborhood in Plainfield, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (7.5%). There are also a number of people of South American ancestry (7.2%), and residents who report Jamaican roots (2.9%), and some of the residents are also of Puerto Rican ancestry (2.3%), along with some Dominican ancestry residents (1.7%), among others. In addition, 49.6% of the residents of this neighborhood were born in another country.

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 Netherwood neighborhood spend under 15 minutes commuting one-way to work (28.6% of working residents), one of the shortest commutes across America.

Here most residents (61.1%) 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 (30.3%) . 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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