About Passaic, NJ (Passaic North) Real Estate Prices and Overview Passaic North median real estate price is $576,735, which is more expensive than 44.3% of the neighborhoods in New Jersey and 66.8% of the neighborhoods in the U.S. The average rental price in Passaic North is currently $2,491, based on 蘑菇视频's exclusive analysis. Rents here are currently lower in price than 79.8% 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 2.4%, which is a lower rate of vacancies than 83.0% 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. Notable & Unique Neighborhood Characteristics Notable & Unique: People Single parenting is hard. But you don't have to tell the Passaic North neighborhood about it; they already know. 32.7% of this neighborhood's households are run by single mothers, which is a higher concentration than 蘑菇视频 found in 99.7% of American neighborhoods. Further 蘑菇视频 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. Notable & Unique: Real Estate If you like crowded places, then you will probably enjoy the the Passaic North neighborhood. According to 蘑菇视频'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. 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 Passaic North neighborhood is among the top 5% of American neighborhoods in terms of walkability. 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 Passaic North 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 47.0% of the real estate here is made up of such dwellings, which is higher than 98.1% of all U.S. neighborhoods. Furthermore, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 68.7% of the residential real estate in the Passaic North neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.4% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special. Notable & Unique: Modes of Transportation More people ride the bus in this neighborhood each day to get to work than 99.0% of U.S. neighborhoods. Notable & Unique: Occupations More people work in manufacturing and as laborers here in the Passaic North neighborhood than in 97.0% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers. Notable & Unique: 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, 30.2% of this neighborhood's residents have Dominican ancestry and 9.4% have Puerto Rican ancestry. Passaic North is also pretty special linguistically. Significantly, 78.9% 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. The Neighbors: Income 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. 蘑菇视频's research shows that this neighborhood has an income lower than 83.8% of U.S. neighborhoods. With 40.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.8% of U.S. neighborhoods. The Neighbors: Occupations 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, 44.4% 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 30.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (12.7%), and 12.6% in clerical, assistant, and tech support occupations. The Neighbors: Languages The most common language spoken in the Passaic North neighborhood is Spanish, spoken by 78.9% of households. Some people also speak English (19.4%). The Neighbors: 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 鈥� some more unique than others 鈥� based on lifestyle, occupations, the types of households 鈥� and importantly 鈥� 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 Passaic North neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (34.1%). There are also a number of people of Dominican ancestry (30.2%), and residents who report Puerto Rican roots (9.4%), and some of the residents are also of South American ancestry (6.6%), along with some Irish ancestry residents (1.7%), among others. In addition, 41.0% 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 Passaic North neighborhood spend between 15 and 30 minutes commuting one-way to work (41.6% of working residents), which is shorter than the time spent commuting to work for most Americans. Here most residents (44.1%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (21.7%) and 18.7% 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.