Passaic North median real estate price is $522,190, which is more expensive than 42.4% of the neighborhoods in New Jersey and 65.3% of the neighborhoods in the U.S.
The average rental price in Passaic North is currently $2,538, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.7% of New Jersey neighborhoods.
Passaic North is a densely urban neighborhood (based on population density) located in Passaic, New Jersey.
Passaic North real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the Passaic North 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 2000 and the present.
In Passaic North, the current vacancy rate is 2.1%, which is a lower rate of vacancies than 86.0% of all neighborhoods in the U.S. This means that the housing supply in Passaic North is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Real Estate
If you like crowded places, then you will probably enjoy the the Passaic North neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 28,959 people per square mile living here. 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 Passaic North neighborhood is one of the most walkable neighborhoods in America.
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 Passaic North 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, 55.3% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.9% of America's neighborhoods.
Furthermore, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The Passaic North neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 73.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 99.0% of the neighborhoods in the United States.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 99.1% of U.S. neighborhoods.
Also, in the Passaic North neighborhood, walking to work is a real option for many. In fact, NeighborhoodScout's exclusive research reveals walking to and from work is the chosen way to commute for 12.3% of residents here. This is a higher proportion of walking commuters than we found in 96.1% of American neighborhoods. Get ready to put on your walking shoes if you move here!
Occupations
NeighborhoodScout's exclusive research identifies the Passaic North neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 47.8% of its working residents employed in such fields, which is a higher proportion than 98.3% of American neighborhoods.
People
Single parenting is hard. But you don't have to tell the Passaic North neighborhood about it; they already know. 22.4% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 98.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.
Diversity
Did you know that the Passaic North neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 31.2% of this neighborhood's residents have Dominican ancestry and 8.4% have Puerto Rican ancestry.
Passaic North is also pretty special linguistically. Significantly, 79.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.6% of all U.S. neighborhoods.
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. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Passaic North neighborhood. What is interesting to note, is that the Passaic North neighborhood has a greater percentage of residents born in another country (42.2%) than are found in 95.0% of all U.S. neighborhoods.
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 Passaic North neighborhood in Passaic are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 83.4% of U.S. neighborhoods. With 40.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.5% 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 Passaic North neighborhood, 47.8% 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 29.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (12.5%), and 10.2% in executive, management, and professional occupations.
Languages
The most common language spoken in the Passaic North neighborhood is Spanish, spoken by 79.8% of households. Some people also speak English (19.4%).
Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Passaic North neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (40.1%). There are also a number of people of Dominican ancestry (31.2%), and residents who report Puerto Rican roots (8.4%), and some of the residents are also of South American ancestry (5.7%), along with some Sub-Saharan African ancestry residents (2.0%), among others. In addition, 42.2% 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 Passaic North neighborhood spend between 15 and 30 minutes commuting one-way to work (41.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (42.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.1%) and 18.8% 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.
