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Real Estate Prices & Overview

Median real estate price in the Borough Center of Bradley Beach is $1,133,817, which is more expensive than 90.9% of the neighborhoods in New Jersey and 92.3% of the neighborhoods in the U.S.

The average rental price in Bradley Beach Borough Center is currently $2,970, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 58.9% of New Jersey neighborhoods.

Bradley Beach Borough Center is an urban neighborhood (based on population density) located in Bradley Beach, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Real estate in the Borough Center of Bradley Beach, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Borough Center 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 1970 and 1999.

Vacant apartments or homes are a major fact of life in Bradley Beach Borough Center. The current real estate vacancy rate here is 22.2%. This is higher than the rate of vacancies in 90.1% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.2%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.

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 Bradley Beach, the Borough Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Bradley Beach Borough Center is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, Bradley Beach Borough Center is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Modes of Transportation

If you like to ride a ferry to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 4.2% of the Bradley Beach Borough Center neighborhood's commuters ride a ferry to and from work each day, which is more than we found in 99.8% of America's neighborhoods.

People

If you are planning to retire in New Jersey, this neighborhood should be on your must-see list. For many reasons, Bradley Beach Borough Center may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Jersey, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 96.0% of neighborhoods in NJ. If a New Jersey retirement is in your future, this neighborhood should be one of the places you visit. In addition to being an excellent choice for active retirees, this neighborhood is also a very good choice for urban sophisticates.

Diversity

Did you know that the Bradley Beach Borough Center neighborhood has more Irish and Ukrainian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 26.5% of this neighborhood's residents have Irish ancestry and 2.9% have Ukrainian ancestry.

Bradley Beach Borough Center is also pretty special linguistically. Significantly, 13.8% of its residents five years old and above primarily speak Polish at home. While this may seem like a small percentage, it is higher than 99.2% 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 Borough Center neighborhood in Bradley Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 77.8% of the neighborhoods in America. In addition, 9.2% 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 51.9% of America'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 Bradley Beach Borough Center neighborhood, 54.1% of the working population is employed in executive, management, and professional 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 20.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.8%), and 8.3% in manufacturing and laborer 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 Bradley Beach Borough Center neighborhood is English, spoken by 75.1% of households. Other important languages spoken here include Spanish, Polish and Korean.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Borough Center neighborhood in Bradley Beach, NJ, residents most commonly identify their ethnicity or ancestry as Irish (26.5%). There are also a number of people of Mexican ancestry (24.6%), and residents who report Italian roots (15.6%), and some of the residents are also of German ancestry (9.0%), along with some English ancestry residents (6.4%), among others. In addition, 15.0% 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 Bradley Beach Borough Center neighborhood spend under 15 minutes commuting one-way to work (43.4% of working residents), one of the shortest commutes across America.

Here most residents (50.9%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (18.3%) . 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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