Neighborhood Market Analysis
Roughly bounded by Communipaw Ave to the north, Garfield Ave to the west, Liberty State Park to the east, and the Greenville neighborhood to the south. Includes sub-areas like The Junction, Berry Lane, and Communipaw-Lafayette.
Diverse, with a mix of long-time residents, young professionals, artists, and families. Increasing influx of NYC commuters and first-time buyers.
Urban, creative, and transitional. Strong sense of local pride, with active neighborhood associations and community events.
Improving; new parks, playgrounds, and community spaces added in recent years.[1]
Price competitively; expect negotiation below list. Staging and move-in-ready condition help achieve higher offers.
Share recent crime data showing improvement, highlight community policing, and point out safer blocks and new developments.
Highlight magnet/charter options, recent improvements, and proximity to parks and after-school programs.
Showcase renovated listings, discuss renovation loan options, and emphasize value-add potential.
Point out units with off-street parking, proximity to Light Rail, and new bike infrastructure.
Moderate to high, especially as revitalization continues and market correction stabilizes. Historically strong YoY growth (8.1% in 2024–2025), but currently in a correction phase.[2][4]
Strong, driven by NYC proximity and lower rents vs. Downtown JC. High demand for renovated units and multi-family properties.[3]
Lower than peak years; more negotiation leverage for buyers as of mid-2025.[1][2]
Educate buyers on market correction and negotiation leverage.
Highlight revitalization projects and new amenities.
Partner with local lenders for renovation loan options.
Stage homes to emphasize light, space, and modern lifestyle.
Target marketing to NYC commuters and first-time buyers.
Stay updated on zoning and development pipeline for investment clients.
Best value for buyers seeking urban lifestyle and investment upside near NYC.
Bergen-Lafayette median ($625K) is lower than Downtown JC ($820K) and Van Vorst Park ($675K), but higher than West Side ($599.5K).
Attracted by lower prices and urban amenities; may need education on renovation options and local schools.
Can find larger homes or multi-family options at a discount to Downtown JC; value in new construction.
Limited options, but some new condos/townhomes appeal to urban downsizers.
Strong rental demand and value-add potential; focus on renovated or easily upgradable properties.
NYC proximity and improving lifestyle appeal to those moving from Brooklyn/Manhattan.
This neighborhood analysis was generated using hyperlocal data and AI intelligence.
Neighborhood conditions change - consult with local real estate professionals for the most current information.
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