Midtown median real estate price is $590,063, which is more expensive than 47.0% of the neighborhoods in New Jersey and 72.5% of the neighborhoods in the U.S.
The average rental price in Midtown is currently $2,544, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 82.2% of New Jersey neighborhoods.
Midtown is an urban neighborhood (based on population density) located in Elizabeth, New Jersey.
Midtown 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 Midtown neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
Midtown has a 14.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.8% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.
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.
Of particular note, 10.1% of the people in the Midtown neighborhood currently reside in a correction facility, held due to punishment for a crime.
94.2% of the real estate in the Midtown neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Midtown 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 86.5% 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.
Furthermore, one of the really unique and interesting things about the look and setting of the Midtown neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 71.2% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 95.2% of all neighborhoods in America.
More people ride the bus in this neighborhood each day to get to work than 97.3% of U.S. neighborhoods.
Also, more people in Midtown choose to walk to work each day (13.6%) 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.
Finally, in the Midtown neighborhood, 8.9% of people ride the train 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 train ridership than in 95.0% of the neighborhoods in America.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Midtown neighborhood has a highly unusual pattern of car ownership. 25.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 96.5% of U.S. neighborhoods.
Did you know that the Midtown neighborhood has more South American and Haitian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 22.3% of this neighborhood's residents have South American ancestry and 9.3% have Haitian ancestry.
Midtown is also pretty special linguistically. Significantly, 56.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.0% of all U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Midtown neighborhood has a greater percentage of residents born in another country (43.3%) than are found in 95.3% of all U.S. neighborhoods.
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 Midtown neighborhood in Elizabeth are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 81.7% of U.S. neighborhoods. With 12.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.3% 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 Midtown neighborhood, 29.9% of the working population is employed in manufacturing and laborer 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 27.5% of the residents employed. Other residents here are employed in executive, management, and professional occupations (25.1%), and 17.6% in clerical, assistant, and tech support occupations.
The most common language spoken in the Midtown neighborhood is Spanish, spoken by 56.4% of households. Some people also speak English (40.2%).
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 Midtown neighborhood in Elizabeth, NJ, residents most commonly identify their ethnicity or ancestry as South American (22.3%). There are also a number of people of Puerto Rican ancestry (12.9%), and residents who report Cuban roots (10.5%), and some of the residents are also of Haitian ancestry (9.3%), along with some Dominican ancestry residents (5.7%), among others. In addition, 43.3% of the residents of this neighborhood were born in another country.
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 Midtown neighborhood spend between 15 and 30 minutes commuting one-way to work (37.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (35.0%) 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 (16.9%) and 14.3% 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.