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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

56 Nuremberg Rd Oneida, PA 18242

3 Beds 2 Baths 1,742 sqft Built 1983
Last updated:  Jan 23, 2020

INVESTimate

$60,811

$56.3K - $65.4K

Price Est.

$775

697 - 853

Rent Est.

$61,863  ( +1.73%)   1 YR EST. FORECAST
  
  
  

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56 Nuremberg Rd PROPERTY INFO

FACTS
  • Built In 1983
  • Price/Sqft : $34.91
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,742 sqft
  • Baths : 1 Full 1 Half

56 Nuremberg Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
HAZLETON AREA HIGH SCHOOL High Regular 3,245 195 4

HAZLETON AREA HIGH SCHOOL

  • Education Level: High
  • # of students: 3,245
  • # of teachers: 195
4
GreatSchools Rating
 

Financial Details

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Neighborhood

ONEIDA

  • 60

    POPULATION
  • 33

    HOUSEHOLDS
  • 61.4%

    WHITE COLLAR

Neighborhood : ONEIDA

HOUSEHOLDS
33
POPULATION

60

14.7%Renters
85.3%Home Owners
LABOR FORCE

 

61.4%White Collar
38.6%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $775 per month.

MY RENT : $775 MEDIAN RENT : $677

Rent % Distribution LEVEL
$500-699 57.2%
$700-899 33.3%
$900-999 0.7%
$1,000-1,499 8.7%
>=$1,500 0.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $775 would therefore be considered affordable for annual household incomes greater than $31,000 (12 months x 3.333 x $775).

Rent % Affordability
Above $500 85.7%
Above $700 73.7%
Above $1,100 54.9%
Above $1,500 48.6%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 95 of households in this neighborhood have a total annual income of $31,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $775 per month.

MINIMUM INCOME RANGE : $31,000

Income % Distribution
<$20K 14.3%
$20K-$35K 22.9%
$35K-$60K 14.3%
$60K-$100K 22.9%
>=$100K 25.7%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.7%
5-9 mins 20.0%
10-14 mins 16.7%
15-19 mins 13.3%
20-29 mins 16.7%
30-44 mins 13.3%
45-59 mins 6.7%
>60 mins 6.7%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 30% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $775 per month.

MY RENT : $775 MEDIAN RENT : $677

Rent % Distribution
$500-699 57.2%
$700-899 33.3%
$900-999 0.7%
$1,000-1,499 8.7%
>=$1,500 0.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $775 would therefore be considered affordable for annual household incomes greater than $31,000 (12 months x 3.333 x $775).

Rent % Affordability
Above $500 85.7%
Above $700 73.7%
Above $1,100 54.9%
Above $1,500 48.6%
Above $1,900 39.4%
HOUSEHOLD INCOME RANGE

Approximately 95 of households in this neighborhood have a total annual income of $31,000 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $775 per month.

MINIMUM INCOME RANGE : $31,000

Income % Distribution
<$20K 14.3%
$20K-$35K 22.9%
$35K-$60K 14.3%
$60K-$100K 22.9%
>=$100K 25.7%
COMMUTE TIME DISTRIBUTION

43% of the working population has a commute time of 15 to 44 minutes, 43% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.7%
5-9 mins 20.0%
10-14 mins 16.7%
15-19 mins 13.3%
20-29 mins 16.7%
30-44 mins 13.3%
45-59 mins 6.7%
>60 mins 6.7%

ONEIDA Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 11.5%
Health Care & Social Assistance 11.5%
Manufacturing 19.2%
Real Estate 3.8%
Retail & Wholesale Trader 26.9%
Transportation 3.8%
Other 23.1%
AGE DISTRIBUTION

53% of the population is between the ages of 25 and 64, 23% is 24 or younger and 23% is 65 or older.

Age % Distribution
<15 13.3%
15-19 5.0%
20-24 5.0%
25-44 20.0%
45-65 33.3%
66+ 23.3%
OCCUPATION

Occupation % Distribution
Healthcare 4.8%
Management, Business, & Financial 19.0%
Natural Resources Maintenance 9.5%
Production & Transportation 28.6%
Sales & Office 23.8%
Social 4.8%
Other 9.5%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 9.3%
High School 48.8%
Professional 2.3%
Some College 16.3%
Some High School 9.3%
Other 14.0%

56 Nuremberg Rd Comps

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56 Nuremberg Rd, Oneida, PA 18242 is a single family home of 1,742 sqft. HomeUnion INVESTimateĀ® for 56 Nuremberg Rd includes a Price Estimate of $60,811 and a Rent Estimate of $775. This single family home has 3 bedrooms,2 bathrooms, and was built in 1983. This property has an estimated 15 year annualized Yield of 15.29% and Total Return of 20.49%. The estimated 1 year forecast in home value for 56 Nuremberg Rd is 1.73%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in PA , SCHUYLKILL County , or the 18242 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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