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Real Estate Prices & Overview

Fort Lee West median real estate price is $385,339, which is less expensive than 76.7% of New Jersey neighborhoods and 55.2% of all U.S. neighborhoods.

The average rental price in Fort Lee West is currently $3,389, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 63.7% of the neighborhoods in New Jersey.

Fort Lee West is a densely urban neighborhood (based on population density) located in Fort Lee, New Jersey.

Fort Lee West 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 townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Fort Lee West neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 8.5% in Fort Lee West. NeighborhoodScout analysis shows that this rate is lower than 44.1% 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

More people ride the bus in this neighborhood each day to get to work than 99.1% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Fort Lee West neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.5% of neighborhoods in the U.S., with 22,703 people per square mile living here.

In addition, the real estate in the Fort Lee West neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 70.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 95.1% of American neighborhoods.

People

If you are planning to retire in New Jersey, this neighborhood should be on your must-see list. For many reasons, Fort Lee West may be considered a retiree's dream neighborhood. According to NeighborhoodScout's exclusive analysis and metrics, it's peaceful and quiet, has above average safety from crime compared to other neighborhoods in New Jersey, while also offering a diverse range of housing options. This, along with the vibrant mix of very educated seniors and other age groups who choose to live here, makes the neighborhood more retiree-friendly than 95.5% of neighborhoods in NJ. If a New Jersey retirement is in your future, this neighborhood should be one of the places you visit.

Diversity

Did you know that the Fort Lee West neighborhood has more Asian and Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 43.6% of this neighborhood's residents have Asian ancestry and 6.9% have Cuban ancestry.

Fort Lee West is also pretty special linguistically. Significantly, 26.4% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 100.0% of the neighborhoods in America.

Migration / Stability

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 Fort Lee West neighborhood has a greater percentage of residents born in another country (53.1%) than are found in 98.2% 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 Fort Lee West neighborhood in Fort Lee are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 49.1% of the neighborhoods in America. In addition, 4.5% 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 65.5% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Fort Lee West neighborhood, 60.1% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 16.3% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (14.9%), and 8.7% 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 Fort Lee West neighborhood is English, spoken by 40.1% of households. Other important languages spoken here include Korean, Spanish, Chinese and Italian.

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 Fort Lee West neighborhood in Fort Lee, NJ, residents most commonly identify their ethnicity or ancestry as Asian (43.6%). There are also a number of people of Italian ancestry (12.2%), and residents who report Cuban roots (6.9%), and some of the residents are also of Russian ancestry (5.2%), along with some Arab ancestry residents (2.7%), among others. In addition, 53.1% 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 Fort Lee West neighborhood spend between 30 and 45 minutes commuting one-way to work (27.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (48.3%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.5%) . 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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