Weequahic East median real estate price is $492,019, which is more expensive than 36.6% of the neighborhoods in New Jersey and 65.6% of the neighborhoods in the U.S.
The average rental price in Weequahic East is currently $1,946, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 95.1% of New Jersey neighborhoods.
Weequahic East is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Weequahic 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 Weequahic East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
Real estate vacancies in Weequahic East are 3.3%, which is lower than one will find in 78.1% of American neighborhoods. Demand for real estate in Weequahic 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.
Our research revealed that more commuters here take the bus to work (37.2% ride the bus) than 99.9% 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.
Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Weequahic East neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 13.8% 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 98.1% of all neighborhoods in America.
American households most often have a car, and regularly they have two or three. But households in the Weequahic East neighborhood buck this trend. 39.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 98.1% of U.S. neighborhoods.
The Weequahic East neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 39,954 persons per square mile in the neighborhood, it is more packed with people than 97.9% 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 Weequahic East neighborhood is one of the most walkable neighborhoods in America.
In addition, 86.4% of the real estate in the Weequahic East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
Furthermore, one of the really unique and interesting things about the look and setting of the Weequahic East neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.1% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.4% of all neighborhoods in America.
Whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Weequahic East neighborhood has more single mother households than 95.9% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Did you know that the Weequahic East neighborhood has more Sub-Saharan African and African ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 29.2% of this neighborhood's residents have Sub-Saharan African ancestry and 11.9% have African ancestry.
Weequahic East is also pretty special linguistically. Significantly, 11.5% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 Weequahic 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 76.1% of U.S. neighborhoods. With 36.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.9% 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 Weequahic East neighborhood, 35.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 26.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (25.9%), and 12.5% in executive, management, and professional occupations.
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 Weequahic East neighborhood is English, spoken by 61.7% of households. Other important languages spoken here include African languages, Spanish and French.
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 Weequahic East neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (29.2%). There are also a number of people of African ancestry (11.9%), and residents who report Dominican roots (3.3%), and some of the residents are also of Jamaican ancestry (3.1%), along with some South American ancestry residents (2.9%), among others. In addition, 27.0% 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 Weequahic East neighborhood spend between 15 and 30 minutes commuting one-way to work (47.0% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (13.8%) who commute over an hour in each direction.
Here most residents (45.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (37.2%) and 11.3% 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.