Brady Park / Prospect Point median real estate price is $494,233, which is less expensive than 65.5% of New Jersey neighborhoods and 36.0% of all U.S. neighborhoods.
The average rental price in Brady Park / Prospect Point is currently $2,482, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.1% of New Jersey neighborhoods.
Brady Park / Prospect Point is a suburban neighborhood (based on population density) located in Lake Hopatcong, New Jersey.
Brady Park / Prospect Point real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the Brady Park / Prospect Point neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Brady Park / Prospect Point has a 9.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.3% 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.
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 Lake Hopatcong, the Brady Park / Prospect Point neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Did you know that the Brady Park / Prospect Point neighborhood has more Eastern European and Irish ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 4.5% of this neighborhood's residents have Eastern European ancestry and 26.9% have Irish ancestry.
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 Brady Park / Prospect Point neighborhood in Lake Hopatcong are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 72.9% of the neighborhoods in America. In addition, 2.4% 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 73.5% 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 Brady Park / Prospect Point neighborhood, 47.1% 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 21.7% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (16.9%), and 14.3% in clerical, assistant, and tech support occupations.
The most common language spoken in the Brady Park / Prospect Point neighborhood is English, spoken by 91.3% of households. Some people also speak Spanish (5.2%).
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 Brady Park / Prospect Point neighborhood in Lake Hopatcong, NJ, residents most commonly identify their ethnicity or ancestry as Irish (26.9%). There are also a number of people of Italian ancestry (18.5%), and residents who report German roots (15.7%), and some of the residents are also of Polish ancestry (11.9%), along with some English ancestry residents (8.1%), among others.
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 Brady Park / Prospect Point 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 (78.8%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.