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Real Estate Prices & Overview

Median real estate price in the Borough Center of Cliffside Park is $808,174, which is more expensive than 77.5% of the neighborhoods in New Jersey and 84.1% of the neighborhoods in the U.S.

The average rental price in Cliffside Park Borough Center is currently $2,455, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.7% of New Jersey neighborhoods.

Cliffside Park Borough Center is a densely urban neighborhood (based on population density) located in Cliffside Park, New Jersey.

Real estate in the Borough Center of Cliffside Park, NJ 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 occupied by a mixture of owners and renters. Many of the residences in the Borough Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built before 1940.

Real estate vacancies in Cliffside Park Borough Center are 3.5%, which is lower than one will find in 76.9% of American neighborhoods. Demand for real estate in Cliffside Park Borough Center 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

One of the really interesting characteristics about the Cliffside Park Borough Center neighborhood is that, according to NeighborhoodScout's exclusive research, it is an excellent choice in which to reside for college students. Due to its popularity among college students who already choose to live here, its walkability, and its above average safety from crime, the neighborhood is ideal for prospective or already-enrolled college students. Between semesters and during school breaks, you'll notice that the excitement here fluctuates with the college seasons. Despite the excitement however, parents of college-age children can rest easy knowing that this neighborhood has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 0.2% of college-friendly places to live in the state of New Jersey. In addition to being an excellent choice for college students, this neighborhood is also a very good choice for active retirees.

In addition, an extraordinary 13.2% of the residents of the Cliffside Park Borough Center neighborhood are currently enrolled in college. This is such a large part of life in this neighborhood that the neighborhood changes a great deal with the change of semesters and is far quieter during the summer when many students are away.

Modes of Transportation

In the Cliffside Park Borough Center neighborhood, 1.9% of people ride a ferry to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of ferry ridership than in 99.4% of the neighborhoods in America.

Also, more people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.

Real Estate

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 Cliffside Park Borough Center neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the Cliffside Park Borough Center neighborhood has more Arab and Romanian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 12.9% of this neighborhood's residents have Arab ancestry and 2.8% have Romanian ancestry.

Cliffside Park Borough Center is also pretty special linguistically. Significantly, 3.8% of its residents five years old and above primarily speak Portuguese at home. While this may seem like a small percentage, it is higher than 98.9% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Cliffside Park Borough Center neighborhood. What is interesting to note, is that the Cliffside Park Borough Center neighborhood has a greater percentage of residents born in another country (50.9%) than are found in 97.9% 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 Borough Center neighborhood in Cliffside Park are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 70.8% of the neighborhoods in America. In addition, 6.7% 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 59.5% 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 Cliffside Park Borough Center neighborhood, 40.4% 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 25.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.3%), and 14.4% in clerical, assistant, and tech support 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 Cliffside Park Borough Center neighborhood is English, spoken by 34.4% of households. Other important languages spoken here include Spanish, Korean, Arabic and Portuguese.

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 Borough Center neighborhood in Cliffside Park, NJ, residents most commonly identify their ethnicity or ancestry as South American (15.5%). There are also a number of people of Arab ancestry (12.9%), and residents who report Italian roots (11.5%), and some of the residents are also of Asian ancestry (10.5%), along with some Dominican ancestry residents (8.1%), among others. In addition, 50.9% 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 Cliffside Park Borough Center neighborhood spend between 15 and 30 minutes commuting one-way to work (39.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.4%) and 9.4% 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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