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Real Estate Prices & Overview

Journal Square North median real estate price is $625,631, which is more expensive than 59.6% of the neighborhoods in New Jersey and 76.4% of the neighborhoods in the U.S.

Average rental prices in the Journal Square North neighborhood are currently unreported, based on NeighborhoodScout's exclusive analysis.

Journal Square North is a remote 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).

Journal Square North real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) townhomes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the Journal Square North 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.

Vacant apartments or homes are a major fact of life in Journal Square North. The current real estate vacancy rate here is 23.5%. This is higher than the rate of vacancies in 90.6% 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.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Journal Square North 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, Journal Square North 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. One of the notable things about Journal Square North is that it is one of the quietest neighborhoods in America, according to NeighborhoodScout's exclusive analysis and quantitative rating of quietness. When you are here, you will find it to be very quiet. If quiet and peaceful are your cup of tea, you may have found a great place for you.

In addition, owner-occupied real estate dominates the Journal Square North neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 99.8% of neighborhoods in America.

Furthermore, 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 Journal Square North neighborhood could be your paradise. With 67.6% 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 0.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

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 Journal Square North neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 91.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 100.0% of the neighborhoods in the United States.

People

Of note is NeighborhoodScout's research finding that the Journal Square North neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the Journal Square North community truly stands out from the rest in this regard.

In addition, 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 Journal Square North neighborhood may actually hold the key. 89.2% of its residents are married, which is a higher percentage than is found in 100.0% of the neighborhoods in America.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Journal Square North neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 33.3% 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 100.0% of all neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Journal Square North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.9% of all American neighborhoods.

Modes of Transportation

In the Journal Square North neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 33.3% of commuters carpool here, which is more than in 99.4% of all U.S. neighborhoods.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. More residents of the Journal Square North neighborhood live here today that also were living in this same neighborhood five years ago than is found in 100.0% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while. What is interesting to note, is that the Journal Square North neighborhood has a greater percentage of residents born in another country (51.4%) than are found in 98.0% of all U.S. neighborhoods.

Diversity

Did you know that the Journal Square North neighborhood has more Eastern European and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 10.8% of this neighborhood's residents have Eastern European ancestry and 51.4% have Asian ancestry.

Journal Square North is also pretty special linguistically. Significantly, 51.4% of its residents five years old and above primarily speak Vietnamese at home. This is a higher percentage than 100.0% of all U.S. neighborhoods.

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 Journal Square North neighborhood in Jersey City are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 100.0% of U.S. neighborhoods. 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.

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 Journal Square North neighborhood, 66.7% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 33.3% of the residents employed.

Languages

The most common language spoken in the Journal Square North neighborhood is Vietnamese, spoken by 51.4% of households. Some people also speak English (48.6%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Journal Square North neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Asian (51.4%). There are also a number of people of English ancestry (21.6%), and residents who report Irish roots (18.9%), and some of the residents are also of Italian ancestry (16.2%), along with some Eastern European ancestry residents (10.8%), among others. In addition, 51.4% of the residents of this neighborhood were born in another country.

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 Journal Square North neighborhood spend longer than one hour commuting one-way to work (33.3% of working residents), one of the longer commutes in America, which is a potential downside for residents of this neighborhood.

Here most residents (66.7%) 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 (33.3%) . 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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