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Coldwell Banker Realty
Mobile: 1-917-940-3158 Office: 1-917-940-3158Website Agent Listings Contact Benjamin Garrison
With approximately 48,000 residents, the city of West Orange, New Jersey, is evolving every day. As the second-most diverse township in Essex County, realtors in West Orange NJ are ecstatic with the diverse cultural backgrounds and how that translates into everyday life in the city. Let’s find out more information about West Orange NJ that might be useful for your potential relocation.
Located less than a 40-minute drive away from New York, West Orange, New Jersey, is an excellent alternative for those that want to move to the suburbs while still remaining close to the big city. Real estate agents in West Orange NJ are aware of the phenomenon and have helped many people in the past to find their dream home in their city. As we look at this city’s real estate market, we will notice an almost balanced market while leaning in favor of the buyers. There are several options available on the market that realtors in West Orange NJ can show you, and while there are more options available than there are demands, over 65% of homes are owner-occupied. With more options available, you have a wider variety to choose from. The options are varied even when it comes to types of homes. While over 56% are single-family homes, around 19% are located in small apartment buildings, only 14% belong to apartment complexes, and 10% are in townhomes.
The current median home value in West Orange, New Jersey, is $457,000, a big difference from New York and just above the state median housing cost. With the area’s history, you can find both homes that are brand new, just built, or that have a rich history and are standing since before the 1940s. Real estate agents in West Orange NJ will help you navigate the city’s hills in order to find exactly what you are looking for.
The median household income of residents living in West Orange, New Jersey, is around $110,000. While it is higher than the US median, realtors in West Orange NJ want to underline the fact that housing costs are also higher than the US median. Those relocating here should know that the cost of living in West Orange, New Jersey, is higher than the US average as well, but it depends on where you’re moving from and where you work. If you’re relocating here from New York, your living expenses will significantly decrease, and you’ll end up saving a lot overall.
Our realtors in West Orange NJ, informed us that a generous percentage of people have earnings that exceed the median income, with over 16% earning between $100,000 and $150,000. Based on the industry, around 18% of West Orange’s population work in Health Care and Social Assistance. The second-largest group work in Professional, Scientific, and Technical Services. Real estate agents in West Orange NJ pertain to the 88% of white-collared employees that work in professional, management, sales, and office positions. Now that we know what employment is like in the city let’s see what realtors in West Orange NJ can say about life in their hometown.
Realtors in West Orange NJ know the main appeal of their city. With so many people relocating to New York in their twenties, once they settle down and start a family, the hustle and bustle of the big city start to lose its appeal. One way or another, family life doesn’t work for everyone in the big city. Whether it’s because of the speedy lifestyle or the desire for more space and opportunities for the kids, real estate agents in West Orange NJ often deal with people leaving the big city for their city. The much more relaxed way of life and family-friendly lifestyle are the main reasons people think about buying a home in West Orange NJ.
Not only is West Orange close to New York, but it is a great place to raise a family. With some of the highest-rated schools in the state, West Orange, New Jersey, stands out in the area. However, aside from schooling, there are a plethora of kid-friendly activities that the little ones can enjoy and family nature hikes to Eagle Rock for the weekend.