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Real Estate Prices & Overview

Stuyvesant Ave / 18th Ave median real estate price is $530,494, which is more expensive than 42.8% of the neighborhoods in New Jersey and 66.1% of the neighborhoods in the U.S.

The average rental price in Stuyvesant Ave / 18th Ave is currently $2,646, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.8% of New Jersey neighborhoods.

Stuyvesant Ave / 18th Ave is a densely urban neighborhood (based on population density) located in Newark, New Jersey.

Stuyvesant Ave / 18th Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Stuyvesant Ave / 18th Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Home and apartment vacancy rates are 6.0% in Stuyvesant Ave / 18th Ave. NeighborhoodScout analysis shows that this rate is lower than 59.9% 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 Newark, the Stuyvesant Ave / 18th Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

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 Stuyvesant Ave / 18th Ave 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 38.1% of the real estate here is made up of such dwellings, which is higher than 96.7% of all U.S. neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the Stuyvesant Ave / 18th Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,796 people per square mile living here.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (10.9% ride the bus) than 95.4% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Diversity

Did you know that the Stuyvesant Ave / 18th Ave neighborhood has more Haitian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 9.4% of this neighborhood's residents have Haitian ancestry and 5.9% have Jamaican ancestry.

Stuyvesant Ave / 18th Ave is also pretty special linguistically. Significantly, 7.4% of its residents five years old and above primarily speak African languages at home. While this may seem like a small percentage, it is higher than 99.4% of the neighborhoods in America.

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 Stuyvesant Ave / 18th Ave neighborhood in Newark are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.3% of the neighborhoods in America. In addition, 6.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 59.1% of America'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 Stuyvesant Ave / 18th Ave neighborhood, 35.4% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.9%), and 19.4% in executive, management, and professional occupations.

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 Stuyvesant Ave / 18th Ave neighborhood is English, spoken by 77.2% of households. Other important languages spoken here include Spanish, French and African languages.

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 Stuyvesant Ave / 18th Ave neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Sub-Saharan African (13.0%). There are also a number of people of Haitian ancestry (9.4%), and residents who report African roots (8.7%), and some of the residents are also of Jamaican ancestry (5.9%), along with some Puerto Rican ancestry residents (4.7%), among others. In addition, 27.5% 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 Stuyvesant Ave / 18th Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (45.5% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (74.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (10.9%) and 7.4% 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.


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