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Residence Park

Residence Park

Neighborhood in New Rochelle, New York

Westchester County 10805

$798,915 Average Value
$337 Average Price per Sq Ft
1 Home For Sale

Residence Park is one of the first planned garden cities in the country, an urban residential community combining the natural beauty of the countryside with the conveniences of urban living. The neighborhood offers residents easy access to the natural attractions and city centers that define New Rochelle. “New Rochelle is a great area and a wonderful investment opportunity for people who want to be close to the city and the water,” says Rachel Jones, a Realtor with Keller Williams Realty who has been selling homes in New York for eight years. “There’s something that would suit any lifestyle.” Located along the New Rochelle Bay and the Long Island Sound, residents can watch the sunset over the water from their yards while enjoying easy access to the city center of Downtown Rochelle.

The neighborhood’s narrow city sidewalks are shaded by oak trees and lined by residential properties standing shoulder-to-shoulder on narrow lots. Residence Park is primarily made up of high-rise rental apartments or condo complexes. Homebuyers can purchase a two-bedroom condo on the harbor for around $250,000. For those looking for more living space, Residence Park has a mix of larger traditional homes, including Queen Annes, colonial revivals and Tudors built in the early 1900s. In this neighborhood, homebuyers can get a five-bedroom colonial revival home with a modest lawn for $585,000 to $650,000. A six-bedroom colonial revival home with bay windows and a columned front porch ranges from $825,000 to $925,000. “There’s a lot of flexibility here. Homes are priced right and give you your own space,” says Jones. Most homes here are on quarter-acre lots and feature fenced-in yards with room for a small garden or patio area.

Residents are about a mile away from greenspaces like D’Onofrio Park, a 22-acre recreational area with two baseball fields, a playground and an outdoor pavilion. There are picnic tables, benches and grills, that help make the pavilion a popular spot for community events and summer barbecues. Other options for play include Eddie Foy Park, which features a playground and sandbox, and A-Game Sports, an indoor sports complex with youth programs in sports like basketball, football, lacrosse and more. Locals also enjoy easy access to the shorelines of the New Rochelle Harbor, where boats cruise to ports along the Long Island Sound from New York City to the southern shoreline of Connecticut. Glen Island Beach, just two miles away, has a small stretch of sand and many opportunities for swimming, sunbathing and windsurfing.

Students attend the New Rochelle City School District, which earned an A-minus from Niche and has an average student-teacher ratio of 14 to 1. Younger children attend Trinity Elementary School, which earned a B-minus from Niche, before moving on to Isaac E. Young Middle School, which earned an A-minus from Niche. Teens attend New Rochelle High School, which earned a B-plus from Niche and offers students the opportunity to enroll in Advanced Placement and dual-enrollment courses to earn college credit. The school also boasts the Museum of Arts & Culture, an on-site museum displaying artwork from students and members of the community.

Homes are within minutes of shops, restaurants and markets along the harbor, including Foodtown of New Rochelle for groceries. Next door, Mamma Francesca serves homestyle Italian dishes and brick-oven pizzas, complete with views of the water from the restaurant’s sunroom. Downtown New Rochelle is less than a mile away and is a growing community center offering residents easy access to stores like Costco and Home Depot. “Downtown is revitalizing, and the community is thriving. They’ve seen a lot of changes recently and a lot of great businesses on Main Street,” says Jones. Local favorites along Main Street include The New Rochelle Diner, a retro diner featuring 1950s décor and classic American dishes served from sunup to sundown. With a mix of residential and commercial properties along the shoreline, Residence Park offers residents walkability among nature.

If New York City calls, residents are less than a mile away from the New Rochelle Train Station and major thoroughfares like I-95.

Sally Stimpson
Written By
Sally Stimpson
Stephen Mihalchik
Photography Contributed By
Stephen Mihalchik
Benjamin Rose
Video By
Benjamin Rose

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to April Monaco, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Laguardia

26 min drive

Bus

Pelham Rd & A&P

Bus

Pelham Rd & Meadow La

Bus

Pelham Rd & Leland Ave

Bus

Pelham Rd & Drake Ave

Bus

Pelham Rd & Circuit Rd

Crime and Safety

1 - Low Crime, 10 - High Crime Residence Park US
Homicide 4 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 5 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$762,250
Median Single Family Price
$850,000
Median Townhouse Price
$865,000
Median 2 Bedroom Price
$202,500
Average Price Per Sq Ft
$337
Number of Homes for Sale
1
Last 12 months Home Sales
12
Months of Supply
1.00
Median List Price
$789,900
Median Discount From 1st List Price
1%
Median Home Sale Price YoY Change
199%

Home Facts

Number of Homes in Neighborhood
115
Median Year Built
1949
Avg. Single Family Home Size Sq Ft
1,903
On par with the national average
1,935
Average 2 Bedroom Size Sq Ft
1,352
Average 1 Bedroom Size Sq Ft
740
Median Lot Size Sq Ft
10,236

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to April Monaco, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
4,318
Median Age
49
Population Density
25 ppl/acre
Population under 18
17.4%
Below the national average
23.8%
Population over 65
31.7%
Above the national average
19.1%

Finances

Median Household Income
$54,448
Significantly below the national average
$71,702
Average Household Income
$85,344

Education and Workforce

High School Graduates
82.3%
Below the national average
89.1%
College Graduates
36.3%
Advanced Degrees
15.4%
% Population in Labor Force
55.9%
Below the national average
65.1%

Weather

Annual Precipitation
45''
Average Winter Low Temperature
29°F
Average Summer High Temperature
86°F
Annual Snowfall
25''

Area Factors

Bikeable

Bike Score®

63 / 100

Very Walkable

Walk Score®

79 / 100

Some Transit

Transit Score®

46 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Nearby Neighborhoods

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Residence Park
April Monaco
Houlihan Lawrence Inc.
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