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Real Estate Prices & Overview

Hackensack East median real estate price is $517,032, which is more expensive than 41.1% of the neighborhoods in New Jersey and 68.1% of the neighborhoods in the U.S.

The average rental price in Hackensack East is currently $4,044, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.7% of the neighborhoods in New Jersey.

Hackensack East is a suburban neighborhood (based on population density) located in Hackensack, New Jersey.

Hackensack 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 Hackensack East neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 8.3% in Hackensack East. NeighborhoodScout analysis shows that this rate is lower than 46.6% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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 Hackensack, the Hackensack East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

People

The first thing that you'll notice if you moved to this neighborhood is that an astounding 4.0% of the households are same sex couples. According to NeighborhoodScout's analysis, this is a higher proportion of same sex households than in 99.7% of the neighborhoods in America. This is one indicator that this neighborhood is likely a gay-friendly neighborhood. So if you are looking for such a neighborhood, the Hackensack East neighborhood should definitely be on your list of places to consider.

Real Estate

The Hackensack East 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 90.2% 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.

In addition, 92.3% of the real estate in the Hackensack East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, the real estate in the Hackensack East neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 79.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.6% of American neighborhoods.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the Hackensack East neighborhood buck this trend. 22.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.

Modes of Transportation

More people in Hackensack East choose to walk to work each day (10.5%) than almost any neighborhood in America. If you are attracted to the idea of being able to walk to work, this neighborhood could be a good choice.

Diversity

Did you know that the Hackensack East neighborhood has more South American and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.3% of this neighborhood's residents have South American ancestry and 2.8% have Eastern European ancestry.

Hackensack East is also pretty special linguistically. Significantly, 0.8% of its residents five years old and above primarily speak Japanese at home. While this may seem like a small percentage, it is higher than 96.3% of the neighborhoods in America.

The Neighbors

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 Hackensack East neighborhood in Hackensack are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 50.5% of the neighborhoods in America. With 21.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 71.1% 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 Hackensack East neighborhood, 57.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 18.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (13.4%), and 11.3% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

Languages

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 Hackensack East neighborhood is English, spoken by 58.2% of households. Other important languages spoken here include Spanish and Langs. of India.

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Hackensack East neighborhood in Hackensack, NJ, residents most commonly identify their ethnicity or ancestry as South American (17.3%). There are also a number of people of Asian ancestry (12.2%), and residents who report Puerto Rican roots (7.5%), and some of the residents are also of Sub-Saharan African ancestry (6.9%), along with some African ancestry residents (6.6%), among others. In addition, 37.7% 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 Hackensack East neighborhood spend between 15 and 30 minutes commuting one-way to work (38.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (61.5%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (10.5%) and 9.2% of residents also ride the bus 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.


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