University Heights East median real estate price is $391,501, which is less expensive than 79.5% of New Jersey neighborhoods and 45.8% of all U.S. neighborhoods.
The average rental price in University Heights East is currently $3,657, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 70.0% of the neighborhoods in New Jersey.
University Heights East is a densely urban neighborhood (based on population density) located in Newark, New Jersey.
University Heights East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the University Heights East neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
Real estate vacancies in University Heights East are 5.6%, which is lower than one will find in 62.5% of American neighborhoods. Demand for real estate in University Heights East 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.
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 University Heights East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you love row houses and attached homes, you will probably really like the University Heights East neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 50.6% of the residential real estate here is classified as row houses and attached homes.
In addition, the University Heights 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 88.1% 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.
If knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the University Heights East neighborhood, where 46.3% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.4% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 98.6% of the neighborhoods in America.
In addition, one of the most interesting things about the University Heights East neighborhood is that it has a greater concentration of residents who live alone than most all neighborhoods in America. With 52.6% of the households here made up of people living alone, NeighborhoodScout's research reveals that this is a larger proportion of people living alone than in 96.9% of the neighborhoods in America.
Our research revealed that more commuters here take the bus to work (12.4% ride the bus) than 96.2% 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.
Did you know that the University Heights East neighborhood has more Sub-Saharan African and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 18.5% of this neighborhood's residents have Sub-Saharan African ancestry and 7.5% have Jamaican ancestry.
University Heights East is also pretty special linguistically. Significantly, 12.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 University Heights East neighborhood in Newark are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.4% of U.S. neighborhoods. With 22.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 72.3% 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 University Heights East neighborhood, 41.3% 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 40.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.7%), and 7.8% in manufacturing and laborer occupations.
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 University Heights East neighborhood is English, spoken by 61.4% of households. Other important languages spoken here include Korean, African languages and Vietnamese.
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 University Heights East neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Asian (22.9%). There are also a number of people of Sub-Saharan African ancestry (18.5%), and residents who report Jamaican roots (7.5%), and some of the residents are also of Dominican ancestry (5.9%), along with some Puerto Rican ancestry residents (1.9%), among others. In addition, 40.4% of the residents of this neighborhood were born in another country.
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 University Heights East neighborhood spend between 30 and 45 minutes commuting one-way to work (30.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (55.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.4%) and 8.6% of residents also hop out the door and walk to work 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.