East Ferry Eviction Risk: High , Newark

Against the Essex County average of 7.3, this tract reads riskier for landlords by 2.6 points. Severe burden reaches 29%. Those are renters paying half their income or more, and that is where non-payment filings originate. This is renter territory: 83% of occupied units are tenant-occupied.

Set annual rent against average income of $40,579 and the ratio lands at 39%, above the conventional 30% ceiling. Sitting well above the midpoint, rent-regulation exposure reads 9/10.

Housing insecurity runs 33.1% against 14.2% nationally. Well under the midpoint, supply constraint reads 1.2/10. The poverty rate is 23%, which in this model reads as reduced rent-recovery odds after a judgment.

Inability to pay a utility bill runs 19.8% against 9.2% nationally. Utility arrears usually lead rent arrears by a month or two. The filing record is not thin: 1,682 evictions over 6 years of observation.

The worst year on record was 2017, when 23.3% of renter households were served. In the 1930s the federal Home Owners' Loan Corporation graded this ground D ("Hazardous"). Redlining cut off mortgage credit to whole blocks for decades, and the areas graded D still carry measurably lower ownership and higher rent burden today.

All figures here are ACS 5-year estimates for this tract, refreshed as the underlying releases land.