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Real Estate Prices & Overview

Netherwood median real estate price is $405,523, which is more expensive than 27.4% of the neighborhoods in New Jersey and 53.0% of the neighborhoods in the U.S.

The average rental price in Netherwood is currently $3,099, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 50.4% 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

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 Plainfield, the Netherwood neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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

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 Netherwood 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, 33.6% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 95.7% of America'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. 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

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 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.

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 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

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 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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