$484,293Average Value$313Average Price per Sq Ft15Homes For Sale
Suburb seeing revitalization efforts
Silver Lake is a New Jersey suburb that offers popular local shops, diverse recreation options and several options for making the 13-mile commute to New York City. Split between the towns of Belleville and Bloomfield, this former farmland turned commuter suburb has been seeing revitalization efforts recently. Homes from the 1900s are being renovated and new businesses have been making their way to the area. “It’s going through a transformation right now,” says Louis Wnek Jr., a Realtor with Weichert Realtors, who’s been selling homes in the area for over 11 years. “They’re trying to attract a younger crowd from the New York area, and they’re really concentrated on building that area up. Ten years from now, it’s going to look a lot different.”
Multi-family homes from the $500,000s
Many of Silver Lakes’s 20th-century homes still stand, with some properties getting renovated or reconstructed. The area consists of multi-family homes with two to three bedrooms in each unit and single-family colonial-style and contemporary houses. Most include small lots, and some have driveways and garages. Silver Lake is a very walkable neighborhood with sidewalks and streetlights along most roads. Multi-family homes typically sell for $500,000 to $750,000, while single-family homes go for $350,000 to $600,000. There are also a few one and two-bedroom condo communities that range from $200,000 to $350,000.
Good grades for Bloomfield Schools
Kids in Silver Lake will attend schools in the Bloomfield Township School District. Students may start at Berkeley School with a B-minus from Niche before going to Bloomfield Middle, which also has a B-minus. They may then attend Bloomfield High, which earns a B-plus and has a student-teacher ratio of 12-to-1.
Close to rail stations, Garden State Parkway
Silver Lake offers plenty of ways to commute to New York City and New Jersey hubs. “It’s a target area for New York commuters and people who work at the Clara Maass hospital, which is right at the edge of Silver Lake,” says Wnek. There are two light rail stations in the neighborhood that run to Newark, and Watsessing Avenue station offers service to Hoboken and New York-Penn Station. Several bus lines run along Bloomfield Avenue and take residents to the rest of the surrounding Jersey area. The neighborhood is also bordered by Garden State Parkway, which runs from Paterson all the way down the Jersey Shore to Cape May.
Felton Playground, Branch Brook Park
The nearly 4-acre Felton Playground has baseball and softball diamonds with flood lights for night games and a small children’s play area. Halcyon Park is a small pocket park with a lily-pad covered pond and benches to watch the ducks. Situated on 70 acres, Watsessing Park is just outside the neighborhood and features multiple athletic fields. Branch Brook Park, America's first county park, has the most extensive collection of cherry blossoms in the country, over a dozen sports facilities and a nearly 5-mile trail. “A lot of people go play soccer here on the weekends,” adds Wnek. “Starting in April, you have the cherry blossoms come out. You’ll see a lot of people in the park taking pictures.” Many locals also come to participate in the free “Yoga in the Park” sessions that occur in the spring and summer.
Chains at Franklin Square Plaza
Franklin Square Plaza has a Stop & Shop grocery store and other chains. There’s also an Aldi on Watsessing Avenue and SuperFresh Food World on Belmont Avenue. Pat's Village Deli is a local shop and eatery that’s been open for over 85 years. More popular local restaurants are spread throughout the neighborhood, like Grill Master, which has been serving Portuguese-style barbeque since 2001. La Santa Bar & Grill is a Colombian restaurant and lounge with live entertainment on Fridays and Saturdays, and Belmont Tavern has been offering homestyle Italian eats for over 50 years.
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
Frank LaMorte,
an experienced agent in this neighborhood.
Parks in this Area
Watsessing Park
Branch Brook Park
Baseball/Softball
Basketball
Bike Trails
Plaza Felton Field
Watsessing Park Playground
Althea Gibson Tennis Courts
Tennis
Trails
Cherry Blossom Welcome Center
Baseball/Softball
Playground
Parking Lot
Essex County Branch Brook Park Dog Park
Transit
Airport
Newark Liberty International
15 min drive
Train
Watsessing Avenue
Subway
Grove Street
Subway
Silver Lake
Bus
Bloomfield Ave & Berkeley Pl
Bus
Bloomfield Ave & Orange St
Bus
Bloomfield Ave & North 15th St
Bus
Franklin St & Naples Ave
Bus
Bloomfield Ave & Grove St
Bus
Bloomfield Ave & Hill St
Bus
Franklin St 50'W Of Eugene Pl
Crime and Safety
1 - Low Crime, 10 - High Crime
Silver Lake
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
5
4
Burglary
3
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Silver Lake, Bloomfield sell after 38 days on the market compared to the national average of 47 days. The average sale price for homes in Silver Lake, Bloomfield over the last 12 months is $442,265, up 10% from the average home sale price over the previous 12 months.
Charming corner-unit half duplex! The property has been tastefully remodeled and features renovated basement with laundry area, family room, new half bath, new furnace, new LED lights, two French drains, water treatment system, tile and sheet rock. 1st floor features newly carpeted LR, new LED lights, new range hood and new vinyl floor in kitchen. 2nd floor features two newly carpeted bedrooms,
Nestled in the sought-after Halcyon Park community in Bloomfield Nj, this home seamlessly blends warmth and sophistication. Perfectly positioned near NYC transportation and major highways, it offers both convenience and charm in an inviting neighborhood setting. Beyond the welcoming three-season porch, the beautifully appointed first floor showcases gleaming new laminated floors, a stately
Welcome to this charming 4-bedroom, 1.5-bathroom colonial-style home, where classic elegance meets modern convenience in a beautiful neighborhood. As you step through the front door, you're welcomed into a spacious foyer that sets the tone for the open feel of the first floor. From there, a single wide French door leads into the inviting living room, which features a wood-burning fireplace, high
Step into this beautifully remodeled 4 bedroom, 2 bath home offering the perfect blend of modern upgrades and classic charm. Featuring a brand new kitchen with sleek appliances, new white shaker cabinets, stunning quartz countertops, and more. It's ready for you to move right in! Freshly painted throughout, the home boasts hardwood floors, updated lighting, and thoughtfully finished spaces. The
FOUR ROOMS, Living Room, Galley Kitchen, Separate Dining Area, ONE Bedroom, ONE Bathroom, ONE Garage #27, Extra parking space wait listed. Coin washer & dryer, No pets.
Welcome to the Heart of Convenience & Comfort! Step into this immaculately maintained 2-bedroom gem nestled in the vibrant community of Belleville. Boasting an open-concept layout, this unit invites you into a sun-drenched living room, a dedicated dining area, and a stylish bright white kitchen complete with a breakfast bar, generous cabinetry, and a full electric appliance package including a
Justin TorresProminent Properties Sotheby's International Realty-Weehawken
Be the first to move in to this beautifully renovated, two bedroom, first floor apartment. Kitchen offers new Stainless Steel appliances including dishwasher, granite counter top and white cabinetry. Spacious bedrooms, new flooring and freshly painted. Multiple closets and storage within unit, plus additional secured storage space in basement. Washer-dryer hook up available in basement. Great
Welcome home to Parkway Lofts in Bloomfield, New Jersey. Our prime location near the train station and Interstate 280 makes your everyday travels go smoothly. The best shopping, fine dining, and entertainment hot spots are all just a short drive away. If a prime location is high on your list, then you have come to the right place.
Don't miss this amazing opportunity to move into this beautifully updated second-floor apartment featuring 3 spacious bedrooms and 1 modern bathroom. Enjoy cooking in the brand new gourmet kitchen, well equipped with stainless steel appliances including a range/oven-gas, refrigerator and dishwasher with lots of cabinet space and quartz countertops. The generous living room and dining room provide
Interested in learning more about homes in this area?
Reach out to
Frank LaMorte,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
20,897
Median Age
39
Population Density
24 ppl/acre
Population under 18
22.9%
On par with the national average
23.8%
Population over 65
14.6%
On par with the national average
19.1%
Finances
Median Household Income
$69,474
On par with the national average
$71,702
Average Household Income
$88,645
Education and Workforce
High School Graduates
88.5%
College Graduates
31.8%
On par with the national average
34.1%
Advanced Degrees
12.7%
% Population in Labor Force
66.5%
On par with the national average
65.1%
Weather
Annual Precipitation
46''
Average Winter Low Temperature
26°F
Average Summer High Temperature
86°F
Annual Snowfall
2''
Area Factors
Bikeable
Bike Score®
51/ 100
Very Walkable
Walk Score®
79/ 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.
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.
