Teachers Village Eviction Risk: High , Newark

97% of occupied units are rented, so comparables are plentiful and vacancy risk is low, but a mispriced renewal loses the tenant to a building nearby. Annualized rent equals 47% of average household income of $27,240, past the 30% affordability line, which thins the margin any screening standard has to work with.

It sits 2.6 points above the Essex County average of 7.3. Severe burden reaches 27%. Those are renters paying half their income or more, and that is where non-payment filings originate.

Food insecurity runs 37.5% against 17.8% nationally. Sitting well above the midpoint, rent-regulation exposure reads 9/10.

Well under the midpoint, supply constraint reads 1/10. The poverty rate is 32%. Judgments in high-poverty tracts are collectible far less often than filing counts suggest.

Housing insecurity runs 28.8% against 14.2% nationally. 59% of renter households cross the 30%-of-income line, above the Essex County average of 50.3%. At $1,060 a month, rents run 24% under what the rest of Newark commands.

Princeton eviction risk's Eviction Lab logged 3,247 filings here across 6 tracked years.

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