Forest Hill East median real estate price is $465,005, which is less expensive than 70.0% of New Jersey neighborhoods and 38.9% of all U.S. neighborhoods.
The average rental price in Forest Hill East is currently $2,489, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.9% of New Jersey neighborhoods.
Forest Hill East is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Forest Hill East 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 renter occupied. Many of the residences in the Forest Hill East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Real estate vacancies in Forest Hill East are 5.3%, which is lower than one will find in 63.6% of American neighborhoods. Demand for real estate in Forest Hill East 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.
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.
Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The Forest Hill East neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 43.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 97.6% of America's neighborhoods.
In addition, the Forest Hill East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 32,781 persons per square mile in the neighborhood, it is more packed with people than 97.3% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the Forest Hill East neighborhood is one of the most walkable neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the Forest Hill East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 86.2%, which is higher than 95.7% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Forest Hill East neighborhood has a highly unusual pattern of car ownership. 24.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.3% of U.S. neighborhoods.
The Forest Hill East neighborhood is unique for having just 6.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.2% of America's neighborhoods.
In addition, the Forest Hill East neighborhood stands out within New Jersey for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.4% of college-friendly places to live in NJ.
Did you know that the Forest Hill East neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.2% of this neighborhood's residents have Puerto Rican ancestry and 14.3% have Dominican ancestry.
Forest Hill East is also pretty special linguistically. Significantly, 69.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.4% of all U.S. neighborhoods.
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 Forest Hill East neighborhood in Newark are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.0% of U.S. neighborhoods. With 18.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 67.1% of U.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 Forest Hill East neighborhood, 28.4% 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 25.5% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (24.4%), and 21.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Forest Hill East neighborhood is Spanish, spoken by 69.3% of households. Some people also speak English (29.8%).
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 Forest Hill East neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (53.2%). There are also a number of people of Dominican ancestry (14.3%), and residents who report Sub-Saharan African roots (7.4%), and some of the residents are also of African ancestry (7.4%), along with some Cuban ancestry residents (4.1%), among others. In addition, 22.0% of the residents of this neighborhood were born in another country.
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 Forest Hill East neighborhood spend between 15 and 30 minutes commuting one-way to work (51.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (58.4%) 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 (21.5%) and 5.8% of residents also hop out the door and walk to work 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.
