Downtown Passaic East median real estate price is $438,239, which is more expensive than 31.0% of the neighborhoods in New Jersey and 56.0% of the neighborhoods in the U.S.
The average rental price in Downtown Passaic East is currently $2,660, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.0% of New Jersey neighborhoods.
Downtown Passaic East is a densely urban neighborhood (based on population density) located in Passaic, New Jersey.
Downtown Passaic East 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 Downtown Passaic East 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 1940 and 1969.
Home and apartment vacancy rates are 8.2% in Downtown Passaic East. NeighborhoodScout analysis shows that this rate is lower than 46.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
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 Passaic, the Downtown Passaic East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Occupations
NeighborhoodScout's exclusive research identifies the Downtown Passaic East neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 48.1% of its working residents employed in such fields, which is a higher proportion than 98.4% of American neighborhoods.
Modes of Transportation
More people in Downtown Passaic East choose to walk to work each day (20.6%) 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.
Also, in the Downtown Passaic East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 23.9% of commuters carpool here, which is more than in 96.5% of all U.S. neighborhoods.
Finally, more people ride the bus in this neighborhood each day to get to work than 95.8% of U.S. neighborhoods.
Real Estate
If you like crowded places, then you will probably enjoy the the Downtown Passaic East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,320 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Downtown Passaic East neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, renter-occupied real estate is dominant in the Downtown Passaic East neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 94.6%, which is higher than 97.9% 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.
Furthermore, corner bodegas, stores on the first floor and apartments above, former grand Victorian residences converted into apartments, three-deckers built shoulder-to-shoulder, duplexes. Such building types define the real estate of neighborhoods dominated by small 2, 3, and 4 unit apartment buildings. Many are in older core neighborhoods of Eastern and Midwestern cities, or historic town centers in their hinterlands. If you wax romantic about the look and feel of such neighborhoods, with fresh pizza, falafel and an independent florist at the corner, then you might find the Downtown Passaic East neighborhood worth a close look. This neighborhood is an absolutely outstanding example of the dominance of small 2, 3, and 4 unit apartment buildings compared to neighborhoods across the nation, as they make up a substantial portion of this neighborhood's real estate stock. In fact, no less than 39.5% of the real estate here is made up of such dwellings, which is higher than 97.0% of all U.S. neighborhoods.
Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 62.6% of the residential real estate in the Downtown Passaic East neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 97.1% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
People
NeighborhoodScout's exclusive research revealed that 94.6% of the adult residents in the Downtown Passaic East neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.9% of the neighborhoods in America.
In addition, whether by choice, divorce, or unplanned pregnancy, single moms may have the toughest job in the book. NeighborhoodScout's exclusive analysis reveals that the Downtown Passaic East neighborhood has more single mother households than 96.4% of the neighborhoods in the U.S. Often high concentrations of single mother homes can be a strong indicator of family and social issues such as poverty, high rates of school dropouts, crime, and other societal problems.
Car Ownership
American households most often have a car, and regularly they have two or three. But households in the Downtown Passaic East neighborhood buck this trend. 21.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.7% of U.S. neighborhoods.
Diversity
Did you know that the Downtown Passaic East neighborhood has more Dominican and Puerto Rican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 32.1% of this neighborhood's residents have Dominican ancestry and 15.7% have Puerto Rican ancestry.
Downtown Passaic East is also pretty special linguistically. Significantly, 84.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% 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 Downtown Passaic East neighborhood in Passaic are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.2% of U.S. neighborhoods. With 47.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.8% 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 Downtown Passaic East neighborhood, 48.1% 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 30.8% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.4%), and 6.7% in clerical, assistant, and tech support occupations.
Languages
The most common language spoken in the Downtown Passaic East neighborhood is Spanish, spoken by 84.5% of households. Some people also speak English (15.2%).
Ethnicity / Ancestry
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the Downtown Passaic East neighborhood in Passaic, NJ, residents most commonly identify their ethnicity or ancestry as Mexican (33.3%). There are also a number of people of Dominican ancestry (32.1%), and residents who report Puerto Rican roots (15.7%), and some of the residents are also of South American ancestry (3.5%), along with some Jamaican ancestry residents (1.8%), among others. In addition, 37.1% of the residents of this neighborhood were born in another country.
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 Downtown Passaic East neighborhood spend between 15 and 30 minutes commuting one-way to work (44.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (36.6%) 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 (23.9%) and 20.6% of residents also hop out the door and walk to work 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.
