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Real Estate Prices & Overview

Ivy Hill Northeast median real estate price is $491,998, which is more expensive than 33.9% of the neighborhoods in New Jersey and 64.6% of the neighborhoods in the U.S.

The average rental price in Ivy Hill Northeast is currently $1,892, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.0% of New Jersey neighborhoods.

Ivy Hill Northeast is a densely urban neighborhood (based on population density) located in Newark, New Jersey.

Ivy Hill Northeast 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 Ivy Hill Northeast neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Real estate vacancies in Ivy Hill Northeast are 5.4%, which is lower than one will find in 63.0% of American neighborhoods. Demand for real estate in Ivy Hill Northeast 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Newark, the Ivy Hill Northeast neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Ivy Hill Northeast neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Ivy Hill Northeast neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 24.1% 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 99.8% of all neighborhoods in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (23.8% ride the bus) than 99.3% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

People

The Ivy Hill Northeast neighborhood stands out for having an average per capita income lower than 98.4% of the neighborhoods in the United States.

In addition, astoundingly, the Ivy Hill Northeast neighborhood has one of the highest concentrations of divorcees living here than of any neighborhood, a higher concentration than NeighborhoodScout found in 97.3% of U.S. neighborhoods. This may be because people living here divorce more often than others, or that divorced people move here after they become divorced. If you are divorced, you will be in good company in this particular Newark neighborhood.

Also, with a nice mix of college students, safety from crime, and decent walkability, the Ivy Hill Northeast neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.7% of the neighborhoods in NJ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Ivy Hill Northeast neighborhood buck this trend. 31.5% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.3% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Ivy Hill Northeast neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,026 people per square mile living here. 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 Ivy Hill Northeast neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, 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 Ivy Hill Northeast 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, 35.7% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.2% of America's neighborhoods.

Diversity

Did you know that the Ivy Hill Northeast neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 25.1% of this neighborhood's residents have Haitian ancestry and 7.5% have Jamaican ancestry.

Ivy Hill Northeast is also pretty special linguistically. Significantly, 36.9% of its residents five years old and above primarily speak French at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

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 Ivy Hill Northeast neighborhood has a greater percentage of residents born in another country (47.9%) than are found in 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 Ivy Hill Northeast neighborhood in Newark are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 98.4% of U.S. neighborhoods. With 24.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.6% 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 Ivy Hill Northeast neighborhood, 47.2% of the working population is employed in clerical, assistant, and tech support 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 24.4% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (15.0%), and 13.4% in executive, management, and professional 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 Ivy Hill Northeast neighborhood is English, spoken by 59.3% of households. Other important languages spoken here include French, African languages and Spanish.

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 Ivy Hill Northeast neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Haitian (25.1%). There are also a number of people of Jamaican ancestry (7.5%), and residents who report Sub-Saharan African roots (7.1%), and some of the residents are also of African ancestry (3.2%), along with some South American ancestry residents (1.8%), among others. In addition, 47.9% 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 Ivy Hill Northeast neighborhood spend between 30 and 45 minutes commuting one-way to work (26.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods. However, there is also a significant group of residents (24.1%) who commute over an hour in each direction.

Here most residents (58.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.8%) and 6.2% of residents also carpool with coworkers, friends, or neighbors 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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