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Real Estate Prices & Overview

Kearny Southwest median real estate price is $551,677, which is more expensive than 41.7% of the neighborhoods in New Jersey and 61.2% of the neighborhoods in the U.S.

The average rental price in Kearny Southwest is currently $2,886, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.8% of New Jersey neighborhoods.

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

Kearny Southwest 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 occupied by a mixture of owners and renters. Many of the residences in the Kearny Southwest 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.

Real estate vacancies in Kearny Southwest are 4.1%, which is lower than one will find in 72.9% of American neighborhoods. Demand for real estate in Kearny Southwest 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.

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 Kearny Southwest 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 46.0% of the real estate here is made up of such dwellings, which is higher than 98.0% of all U.S. neighborhoods.

In addition, even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Kearny Southwest neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the Kearny Southwest neighborhood has more South American and Portuguese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.0% of this neighborhood's residents have South American ancestry and 13.2% have Portuguese ancestry.

Kearny Southwest is also pretty special linguistically. Significantly, 17.2% 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 99.9% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Kearny Southwest neighborhood. What is interesting to note, is that the Kearny Southwest neighborhood has a greater percentage of residents born in another country (51.3%) than are found in 97.9% 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 Kearny Southwest neighborhood in Kearny are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 60.6% of the neighborhoods in America. With 19.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.4% 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 Kearny Southwest neighborhood, 43.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 27.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (15.6%), and 13.1% in clerical, assistant, and tech support occupations.

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Kearny Southwest neighborhood is Spanish, spoken by 48.2% of households. Other important languages spoken here include English, Portuguese, Arabic and Polish.

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 Kearny Southwest neighborhood in Kearny, NJ, residents most commonly identify their ethnicity or ancestry as South American (34.0%). There are also a number of people of Portuguese ancestry (13.2%), and residents who report Brazilian roots (7.0%), and some of the residents are also of Italian ancestry (6.4%), along with some Dominican ancestry residents (6.4%), among others. In addition, 51.3% 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 Kearny Southwest neighborhood spend between 15 and 30 minutes commuting one-way to work (37.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.6%) 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 (12.4%) and 7.7% 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.


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