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Real Estate Prices & Overview

22nd St / Central Ave median real estate price is $690,689, which is more expensive than 68.5% of the neighborhoods in New Jersey and 80.0% of the neighborhoods in the U.S.

The average rental price in 22nd St / Central Ave is currently $2,805, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.4% of New Jersey neighborhoods.

22nd St / Central Ave is a densely urban neighborhood (based on population density) located in Union City, New Jersey.

22nd St / Central Ave 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 22nd St / Central Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in 22nd St / Central Ave are 3.3%, which is lower than one will find in 78.0% of American neighborhoods. Demand for real estate in 22nd St / Central Ave 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.

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 Union City, the 22nd St / Central Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 99.8% of U.S. neighborhoods.

Real Estate

The 22nd St / Central Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 61,919 persons per square mile in the neighborhood, it is more packed with people than 98.9% 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 22nd St / Central Ave neighborhood is one of the most walkable neighborhoods in America.

In addition, 92.1% of the real estate in the 22nd St / Central Ave 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 22nd St / Central Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 78.7% 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 96.5% of all neighborhoods in America.

Also of note, the 22nd St / Central Ave 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 86.2% 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.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the 22nd St / Central Ave neighborhood have a highly unusual car ownership. 29.0% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.0% of U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the 22nd St / Central Ave neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.4% of the neighborhoods in NJ. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the 22nd St / Central Ave neighborhood has more Dominican and South American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 16.1% of this neighborhood's residents have Dominican ancestry and 14.2% have South American ancestry.

22nd St / Central Ave is also pretty special linguistically. Significantly, 80.5% 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

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the 22nd St / Central Ave neighborhood has a greater percentage of residents born in another country (53.0%) than are found in 98.2% 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 22nd St / Central Ave neighborhood in Union City are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 68.1% of U.S. neighborhoods. With 42.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 90.3% of U.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 22nd St / Central Ave neighborhood, 37.7% 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 29.3% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.7%), and 12.4% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the 22nd St / Central Ave neighborhood is Spanish, spoken by 80.5% of households. Some people also speak English (14.6%).

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 – 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 22nd St / Central Ave neighborhood in Union City, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (16.1%). There are also a number of people of South American ancestry (14.2%), and residents who report Mexican roots (9.9%), and some of the residents are also of Puerto Rican ancestry (6.6%), along with some Italian ancestry residents (3.4%), among others. In addition, 53.0% of the residents of this neighborhood were born in another country.

Getting to Work

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 22nd St / Central Ave neighborhood spend between 45 minutes and one hour commuting one-way to work (33.2% of working residents), longer and tougher than most commutes in America.

Here most residents (33.4%) ride the bus to get to work. In addition, quite a number also drive alone in a private automobile to get to work (31.1%) and 20.9% of residents also carpool with coworkers, friends, or neighbors for their daily commute. The bus provides a valuable service in the 22nd St / Central Ave neighborhood of Union City by getting a lot of residents to and from work daily, reducing the costs of commuting and reducing some congestion on the roads as well.


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