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Real Estate Prices & Overview

Ryerson Ave / Chamberlain Ave median real estate price is $497,892, which is less expensive than 63.3% of New Jersey neighborhoods and 35.9% of all U.S. neighborhoods.

The average rental price in Ryerson Ave / Chamberlain Ave is currently $2,381, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.8% of New Jersey neighborhoods.

Ryerson Ave / Chamberlain Ave is a densely urban neighborhood (based on population density) located in Paterson, New Jersey.

Ryerson Ave / Chamberlain Ave 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 single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Ryerson Ave / Chamberlain Ave 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 Ryerson Ave / Chamberlain Ave are 4.1%, which is lower than one will find in 72.9% of American neighborhoods. Demand for real estate in Ryerson Ave / Chamberlain Ave 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

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.

People

Single parenting is hard. But you don't have to tell the Ryerson Ave / Chamberlain Ave neighborhood about it; they already know. 20.3% of this neighborhood's households are run by single mothers, which is a higher concentration than NeighborhoodScout found in 97.1% of American neighborhoods. Further NeighborhoodScout research showed strong statistical correlations among high rates of children living in single parent households, and neighborhood crime, particularly violent crime, neighborhood poverty, and, importantly, the percentage of low weight births and rates of infant mortality.

Occupations

There are more people living in the Ryerson Ave / Chamberlain Ave neighborhood employed as sales and service workers (59.3%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Diversity

Did you know that the Ryerson Ave / Chamberlain Ave neighborhood has more Dominican and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 17.2% of this neighborhood's residents have Dominican ancestry and 7.8% have Jamaican ancestry.

Ryerson Ave / Chamberlain Ave is also pretty special linguistically. Significantly, 5.7% of its residents five years old and above primarily speak Arabic at home. While this may seem like a small percentage, it is higher than 98.8% 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. More residents of the Ryerson Ave / Chamberlain Ave neighborhood live here today that also were living in this same neighborhood five years ago than is found in 95.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Ryerson Ave / Chamberlain Ave neighborhood in Paterson are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 42.7% of the neighborhoods in America. With 37.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 87.6% of U.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 Ryerson Ave / Chamberlain Ave neighborhood, 40.7% 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 27.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.7%), and 15.1% in executive, management, and professional 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 Ryerson Ave / Chamberlain Ave neighborhood is Spanish, spoken by 38.9% of households. Other important languages spoken here include English and Arabic.

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 Ryerson Ave / Chamberlain Ave neighborhood in Paterson, NJ, residents most commonly identify their ethnicity or ancestry as Dominican (17.2%). There are also a number of people of South American ancestry (11.4%), and residents who report Puerto Rican roots (10.0%), and some of the residents are also of Asian ancestry (8.4%), along with some Jamaican ancestry residents (7.8%), among others. In addition, 38.4% 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 Ryerson Ave / Chamberlain Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (37.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (79.5%) 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 (11.8%) and 7.8% 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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