Seventh Avenue median real estate price is $589,747, which is more expensive than 49.7% of the neighborhoods in New Jersey and 71.8% of the neighborhoods in the U.S.
The average rental price in Seventh Avenue is currently $3,159, based on Ä¢¹½ÊÓÆµ's exclusive analysis. Rents here are currently lower in price than 47.2% of New Jersey neighborhoods.
Seventh Avenue is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
Seventh Avenue real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two 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 Seventh Avenue 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 Seventh Avenue are 3.6%, which is lower than one will find in 75.3% of American neighborhoods. Demand for real estate in Seventh Avenue 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.
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 Ä¢¹½ÊÓÆµ's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
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 Seventh Avenue 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, 69.4% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 99.7% of America's neighborhoods.
In addition, if you like crowded places, then you will probably enjoy the the Seventh Avenue neighborhood. According to Ä¢¹½ÊÓÆµ's exclusive data analysis, this neighborhood is more densely populated than 95.0% of neighborhoods in the U.S., with 20,651 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Seventh Avenue neighborhood is among the top 5% of American neighborhoods in terms of walkability.
Did you know that the Seventh Avenue neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 36.0% of this neighborhood's residents have Puerto Rican ancestry and 24.2% have Dominican ancestry.
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¢¹½ÊÓÆµ's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Seventh Avenue neighborhood in Newark are middle-income, making it a moderate income neighborhood. Ä¢¹½ÊÓÆµ's exclusive analysis reveals that this neighborhood has a higher income than 42.8% of the neighborhoods in America. With 24.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.0% of U.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 Seventh Avenue neighborhood, 31.9% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 30.4% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (26.1%), and 11.5% in executive, management, and professional occupations.
The most common language spoken in the Seventh Avenue neighborhood is Spanish, spoken by 54.3% of households. Some people also speak English (36.1%).
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 Seventh Avenue neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (36.0%). There are also a number of people of Dominican ancestry (24.2%), and residents who report South American roots (6.8%), and some of the residents are also of Jamaican ancestry (4.8%), along with some Spanish ancestry residents (3.8%), among others. In addition, 18.8% of the residents of this neighborhood were born in another country.
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 Seventh Avenue neighborhood spend between 15 and 30 minutes commuting one-way to work (40.4% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (64.8%) 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 (11.8%) and 8.2% of residents also take the train 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.