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Real Estate Prices & Overview

Bulls Ferry median real estate price is $368,608, which is more expensive than 22.1% of the neighborhoods in New Jersey and 40.1% of the neighborhoods in the U.S.

The average rental price in Bulls Ferry is currently $4,210, based on Ä¢¹½ÊÓÆµ's exclusive analysis. The average rental cost in this neighborhood is higher than 85.0% of the neighborhoods in New Jersey.

Bulls Ferry is a densely urban neighborhood (based on population density) located in North Bergen, New Jersey.

Bulls Ferry 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 Bulls Ferry neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

Bulls Ferry has a 9.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 60.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 North Bergen, the Bulls Ferry neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

In a nation where 1 out of every 4 children lives in poverty, the Bulls Ferry neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

In addition, with more than 1.6% of residents living with a same sex partner, Bulls Ferry is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by Ä¢¹½ÊÓÆµ reveals that this neighborhood has a greater concentration of same sex couples than 95.0% of U.S. neighborhoods.

Also, if you're nearing retirement age, or in retirement, the Bulls Ferry is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by Ä¢¹½ÊÓÆµ as among the top 5.5% of retiree-friendly neighborhoods in New Jersey, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, Ä¢¹½ÊÓÆµ identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in New Jersey. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. Ä¢¹½ÊÓÆµ's research revealed that 4.1% of the Bulls Ferry neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.8% of America's neighborhoods.

Also, more people ride the bus in this neighborhood each day to get to work than 99.2% of U.S. neighborhoods.

Real Estate

The Bulls Ferry neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 91.2% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

In addition, the real estate in the Bulls Ferry neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 86.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.7% of American neighborhoods.

Furthermore, if you like crowded places, then you will probably enjoy the the Bulls Ferry neighborhood. According to Ä¢¹½ÊÓÆµ's exclusive data analysis, this neighborhood is more densely populated than 95.3% of neighborhoods in the U.S., with 21,816 people per square mile living here.

Diversity

Did you know that the Bulls Ferry neighborhood has more South American and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 20.2% of this neighborhood's residents have South American ancestry and 6.8% have Cuban ancestry.

Bulls Ferry is also pretty special linguistically. Significantly, 11.3% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.7% 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. Ä¢¹½ÊÓÆµ's research has revealed some interesting things about the rootedness of people in the Bulls Ferry neighborhood. What is interesting to note, is that the Bulls Ferry neighborhood has a greater percentage of residents born in another country (59.6%) than are found in 99.1% 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 Bulls Ferry neighborhood in North Bergen are wealthy, making it among the 15% highest income neighborhoods in America. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 85.2% of the neighborhoods in America. In addition, 0.0% 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 100.0% of America'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 Bulls Ferry neighborhood, 66.4% 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 12.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.8%), and 10.1% 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 Bulls Ferry neighborhood is Spanish, spoken by 38.7% of households. Other important languages spoken here include English, Korean, Langs. of India and Arabic.

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 Bulls Ferry neighborhood in North Bergen, NJ, residents most commonly identify their ethnicity or ancestry as Asian (21.0%). There are also a number of people of South American ancestry (20.2%), and residents who report Italian roots (7.5%), and some of the residents are also of Cuban ancestry (6.8%), along with some German ancestry residents (5.5%), among others. In addition, 59.6% 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 Bulls Ferry neighborhood spend between 45 minutes and one hour commuting one-way to work (37.4% of working residents), longer and tougher than most commutes in America.

Here most residents (34.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.9%) and 10.8% 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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