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Real Estate Prices & Overview

South Paterson West median real estate price is $535,444, which is more expensive than 45.8% of the neighborhoods in New Jersey and 67.0% of the neighborhoods in the U.S.

The average rental price in South Paterson West is currently $2,876, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.3% of New Jersey neighborhoods.

South Paterson West is an urban neighborhood (based on population density) located in Paterson, New Jersey.

South Paterson West real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the South Paterson West neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in South Paterson West are 5.4%, which is lower than one will find in 63.7% of American neighborhoods. Demand for real estate in South Paterson West 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.

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 South Paterson West 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, 56.0% of the real estate here are small 2, 3, or 4 unit apartment buildings, which is a higher proportion than found in 98.9% of America's neighborhoods.

Occupations

NeighborhoodScout's exclusive research identifies the South Paterson West 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 45.5% of its working residents employed in such fields, which is a higher proportion than 97.4% of American neighborhoods.

Diversity

Did you know that the South Paterson West neighborhood has more South American and Dominican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 34.9% of this neighborhood's residents have South American ancestry and 12.7% have Dominican ancestry.

South Paterson West is also pretty special linguistically. Significantly, 77.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.3% of all U.S. neighborhoods.

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 South Paterson West neighborhood. What is interesting to note, is that the South Paterson West neighborhood has a greater percentage of residents born in another country (47.8%) than are found in 97.0% 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 South Paterson West neighborhood in Paterson are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 70.8% of U.S. neighborhoods. With 15.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 61.4% 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 South Paterson West neighborhood, 45.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 21.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.6%), and 15.6% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the South Paterson West neighborhood is Spanish, spoken by 77.0% of households. Some people also speak English (20.0%).

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 South Paterson West neighborhood in Paterson, NJ, residents most commonly identify their ethnicity or ancestry as South American (34.9%). There are also a number of people of Mexican ancestry (21.1%), and residents who report Dominican roots (12.7%), and some of the residents are also of Puerto Rican ancestry (8.4%), along with some Sub-Saharan African ancestry residents (2.9%), among others. In addition, 47.8% 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 South Paterson West neighborhood spend between 15 and 30 minutes commuting one-way to work (48.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (65.8%) 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 (21.4%) . 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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