Journal Square South median real estate price is $587,189, which is more expensive than 49.2% of the neighborhoods in New Jersey and 72.1% of the neighborhoods in the U.S.
The average rental price in Journal Square South is currently $2,575, based on Ä¢¹½ÊÓƵ's exclusive analysis. Rents here are currently lower in price than 76.5% of New Jersey neighborhoods.
Journal Square South is a densely urban neighborhood (based on population density) located in Jersey City, New Jersey.
Journal Square South 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 Journal Square South 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 Journal Square South are 5.3%, which is lower than one will find in 63.4% of American neighborhoods. Demand for real estate in Journal Square South 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 Ä¢¹½ÊÓƵ's exclusive exploration and analysis.
Would you like to be able to ride your bike to work? If you are attracted to the idea of getting a little exercise of the two-wheeled type while reducing your carbon footprint, bicycling to work might be the answer. But which neighborhood you live in can make this either impossible, or alternatively, a great and realistic option. Ä¢¹½ÊÓƵ's analysis revealed that the Journal Square South neighborhood is a fantastic option for bicycle commuters, as 5.9% of commuters here do ride their bikes to and from work on a daily basis. This is a higher amount than we found in 98.7% of the neighborhoods in America.
Also, if you like to ride the train to work, this neighborhood may be for you. Ä¢¹½ÊÓƵ's research revealed that 34.0% of the Journal Square South neighborhood's commuters ride the train to and from work each day, which is more than we found in 98.6% of America's neighborhoods.
Finally, in the Journal Square South neighborhood, walking to work is a real option for many. In fact, Ä¢¹½ÊÓƵ's exclusive research reveals walking to and from work is the chosen way to commute for 12.4% of residents here. This is a higher proportion of walking commuters than we found in 96.2% of American neighborhoods. Get ready to put on your walking shoes if you move here!
The Journal Square South neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 45,606 persons per square mile in the neighborhood, it is more packed with people than 98.2% 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 Ä¢¹½ÊÓƵ's exclusive and first quantitative walkable score index, the Journal Square South neighborhood is one of the most walkable neighborhoods in America.
In addition, 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 Journal Square South 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 45.8% of the real estate here is made up of such dwellings, which is higher than 98.0% of all U.S. neighborhoods.
Furthermore, renter-occupied real estate is dominant in the Journal Square South neighborhood. The percentage of rental real estate here, according to exclusive Ä¢¹½ÊÓƵ analysis, is 93.1%, which is higher than 97.6% 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 Ä¢¹½ÊÓƵ's exclusive analysis shows that the Journal Square South neighborhood has a highly unusual pattern of car ownership. 38.7% of the households in this neighborhood don't own a car at all. This is more carless households than Ä¢¹½ÊÓƵ found in 98.0% of U.S. neighborhoods.
Did you know that the Journal Square South neighborhood has more Arab and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 21.2% of this neighborhood's residents have Arab ancestry and 8.1% have Dominican ancestry.
Journal Square South is also pretty special linguistically. Significantly, 29.4% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.
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. Ä¢¹½ÊÓƵ's research has revealed some interesting things about the rootedness of people in the Journal Square South neighborhood. What is interesting to note, is that the Journal Square South neighborhood has a greater percentage of residents born in another country (52.6%) than are found in 98.1% 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. Ä¢¹½ÊÓƵ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Journal Square South neighborhood in Jersey City are lower-middle income, making it a below average income neighborhood. Ä¢¹½ÊÓƵ's research shows that this neighborhood has an income lower than 76.0% of U.S. neighborhoods. In addition, 4.7% 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 65.1% of America'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 Journal Square South neighborhood, 39.2% 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 23.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 17.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.
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 Journal Square South neighborhood is English, spoken by 33.2% of households. Other important languages spoken here include Arabic, Spanish, Langs. of India and Urdu (the national language of Pakistan).
Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Journal Square South neighborhood in Jersey City, NJ, residents most commonly identify their ethnicity or ancestry as Asian (24.5%). There are also a number of people of Arab ancestry (21.2%), and residents who report Dominican roots (8.1%), and some of the residents are also of German ancestry (8.0%), along with some South American ancestry residents (4.7%), among others. In addition, 52.6% of the residents of this neighborhood were born in another country.
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 South neighborhood spend between 45 minutes and one hour commuting one-way to work (48.0% of working residents), longer and tougher than most commutes in America.
Here most residents (34.0%) take the train to get to work. In addition, quite a number also drive alone in a private automobile to get to work (25.2%) and 12.4% of residents also hop out the door and walk to work for their daily commute. This neighborhood is distinguished by the high number of residents who take the train to work each day, which can be a very good way to get to work at a lower cost and with less pollution.
