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Real Estate Prices & Overview

University Heights North median real estate price is $226,867, which is less expensive than 92.7% of New Jersey neighborhoods and 72.1% of all U.S. neighborhoods.

The average rental price in University Heights North is currently $2,222, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.0% of New Jersey neighborhoods.

University Heights North is a densely urban neighborhood (based on population density) located in Newark, New Jersey.

University Heights North 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 University Heights North neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.6% in University Heights North. NeighborhoodScout analysis shows that this rate is lower than 40.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.2% ride the bus) than 98.0% 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.

Real Estate

Three-deckers, duplexes, old Victorian homes cut up into apartments. Independent stores on the corner selling pizza. These are some of the hallmarks of neighborhoods with lots of small 2, 3, and 4 unit apartment buildings. The University Heights North neighborhood really stands out in this regard, however, as it is dominated by such small apartment buildings more than nearly any other neighborhood in America. This is a stunning visual and lifestyle example of this type of neighborhood. In fact, 37.1% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 96.5% of America's neighborhoods.

In addition, renter-occupied real estate is dominant in the University Heights North neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 87.0%, which is higher than 96.0% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the University Heights North neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.4% of all American neighborhoods.

People

There is an especially high percentage of incarcerated people (1.5%) living in the University Heights North neighborhood.

Diversity

Did you know that the University Heights North neighborhood has more Puerto Rican and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 23.2% of this neighborhood's residents have Puerto Rican ancestry and 14.6% have Dominican ancestry.

University Heights North is also pretty special linguistically. Significantly, 2.9% 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 98.5% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the University Heights North neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 University Heights North neighborhood in Newark are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 85.7% of U.S. neighborhoods. With 52.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.9% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the University Heights North neighborhood, 39.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 30.0% of the residents employed. Other residents here are employed in executive, management, and professional occupations (20.2%), and 10.0% 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 University Heights North neighborhood is English, spoken by 56.5% of households. Other important languages spoken here include Spanish and Portuguese.

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 University Heights North neighborhood in Newark, NJ, residents most commonly identify their ethnicity or ancestry as Puerto Rican (23.2%). There are also a number of people of Dominican ancestry (14.6%), and residents who report Sub-Saharan African roots (11.9%), and some of the residents are also of Jamaican ancestry (5.1%), along with some African ancestry residents (3.7%), among others. In addition, 28.6% of the residents of this neighborhood were born in another country.

Getting to Work

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 North neighborhood spend between 15 and 30 minutes commuting one-way to work (28.9% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (44.1%) 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 (19.5%) and 17.2% 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.


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