Skip to main content

Neighborhood Spotlight: Lincoln Park is a city square neighborhood in city of Newark, NJ.

 Lincoln Park is a city square neighborhood in city of Newark, NJ.




It is bounded by the Springfield/Belmont, South Broad Valley, and South Ironbound and Downtown neighborhoods. It is bounded by Martin Luther King Jr. Blvd. (High Street) to the west, West Kinney St. to the north, the McCarter Highway to the east and South St., Pennsylvania Avenue, Lincoln Park and Clinton Avenue to the south.
Lincoln Park itself was one of three original colonial era commons and for a long time the heart of a fashionable residential district, the others being Washington Park and Military Park.[3] In the early 20th century, the Lincoln Park area was a neighborhood of nightclubs known as "The Coast". It was a center of jazz and a red-light district or "tenderloin" formally called the Barbary Coast, after San Francisco's neighborhood.[4] The area is now home to the City Without Walls gallery (cWOW), Newark Symphony Hall and the Newark School of the Arts.
The main body of Lincoln Park is bounded by Broad Street and contains several statues including Frederick Theodore Frelinghuysen, Planting the Standard of Democracy, and most notably Captive's Choice, an historic statue erected in 1884 by Chauncey Ives, an American sculptor living in Rome, Italy. It depicts a young English woman who did not wish to return to her family after being held captive by American Indians during the French and Indian War. Lincoln Park also boasts a healthy and varied array of large, old-growth trees.
Lincoln Park benefits from its proximity to mixed-use and non-mixed-use properties that include institutional, residential, horticultural, commercial, and educational facilities
Residential Apartments       
                                                                        




Colleoni Apartments-39-41 Lincoln Park
Lincoln Park Towers-31-33 Lincoln Park
Lofts at Lincoln Park-90 Clinton Avenue
Willows at Lincoln Park-25 Spruce Street
The Willows at Symphony Hall- 395 Halsey Street
Packard Lofts- 1002 Broad St,

Commercial
53 Lincoln Park- 53 Lincoln Park 11,200 SF
972 Broad St- Boutique office building
609-611 McCarter Hwy- Office- Loft/Creative Space
Riviera Hotel- 169 Clinton Ave

 Restaurants/Bars
Soul Food Chess House- 1075 Broad St
Chateau of Spain Restaurant- 11 Franklin St
Queen Pizza & Deli- 1044 Broad St
La Rouge Restaurant & Lounge-972 Broad St
Lagos Spot Nigerian Restaurant- 266 Mulberry St
Allure Lounge- 417 Halsey St
Blue Mirror Restaurant & Lounge- 257 Clinton Ave
The Boulevard- 335 Mulberry St
Art and Culture
Newark School of the Arts- 89 Lincoln Park
Newark Symphony Hall- 1020 Broad Street
Lincoln Park Music Festival- Attracting over 50,000 visitors yearly in the park
City Without Walls- 6 Crawford St- Hip gallery featuring modern art
Neighborhood Characteristics and DEMOGRAPHICS
In the Lincoln Park / Clinton Ave neighborhood, 50.1% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 21.8% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.4%), and 11.7% in executive, management, and professional occupations.
Real Estate Prices and Overview
Lincoln Park / Clinton Ave median real estate price is $321,561, which is more expensive than 48.4% of the neighborhoods in New Jersey and 71.8% of the neighborhoods in the U.S. Home and apartment vacancy rates are 10.9% in Lincoln Park / Clinton Ave. NeighborhoodScout analysis shows that this rate is lower than 40.9% of the neighborhoods in the nation, approximately near the middle range for vacancies.
NEIGHBORHOOD TRENDS

At Broad Street and South Street, construction has begun for a new pharmacy, and right on the park, new luxury-apartment models are available for viewing. Culture seekers can anticipate a Smithsonian-affiliated museum, dedicated to African-American music that is planned for the space just south of Newark Symphony Hall
SOURCES: State Department of Labor and Workforce Development, U.S. Census Bureau, Lincoln Park Coast Cultural District, The Star-Ledger, NeighborhoodScout .
iSmallBizCredit is an online lending platform for micro, small, and medium-sized companies. We have developed proprietary technology to reduce the credit application process to only a few minutes and make credit decisions very quickly (within 24 hours). Our credit decision process is supported by a set of machine learning algorithms using large amounts of real time data. www.ismallbusinesscredit.com
iSmallBiz Resource Center Links

iSmallBizCredit -Business funding and Commercial real estate finance

iSmallPayTech-Payment technology

iConnect Real Estate- Commercial real estate marketplace

Download the mobile app from the Google play store

 Google Play Store 

Comments

Post a Comment

Popular posts from this blog

Secured vs. Unsecured Business Credit Cards: Which is Better?

Secured vs. Unsecured Business Credit Cards: Which is Better?                 Having a bad credit report can surely become a hindrance in establishing your business. Most likely, you will have difficulty in trying to persuade lenders to give you a business credit account, which can be very significant for your company. Without business credit for back up, you are placing your company at a very huge threat of running out of cash and even a possible stop in its operations. Your credit score may not be very constructive to your reputation, you may have very limited options –either you get an unsecured bad debt credit card or a secured credit card . In this article, let us know the difference between these two credit cards and how they can help your business, especially if you have bad credit. The Difference between a Secured and an Unsecured Credit Card A secured credit card would basically requ...
1 comment
Read more

Get The Capital Your Business Needs in Canada

Since we launched iSmallBizCredit, by far the most frequent piece of feedback we received was: you need to make it possible for people outside the US to obtain working capital and business funding financing. Starting Tuesday February 20, 2018, iSmallBizCredit all in one merchant platform will be available for use by any business based in Canada. It’s an integrated payment processing and business lending platform that we offer in the US now. A payment processing and merchant account platform combined with the ability to obtain business financing within 24 hours. Thanks to our friends in Canada for helping us launch!!! We've been testing our service in Canada over the winter. In many ways, launching in Canada is a big step for us. At iSmallBizCredit, our extensive industry knowledge and technology has allowed us to revolutionize the alternative funding system, making working with us a seamless experience. We have one goal in mind which is to provide the best poss...
1 comment
Read more

The Biggest Mistakes in Small Business Loans

The Biggest Mistakes in Small Business Loans  The right small business loans make a significant difference in your business’s success.  As a new business owner, you realize that there is an increased importance of having the necessary funds available to you.  When you don’t have enough funds, you can’t handle the demand that is placed upon you and you won’t have the buying power that you need or the emergency funds to push off those very bad situations that could put your business in jeopardy.  The good news is that there are plenty of opportunities for you to make the right decisions.  To do that, learn how to avoid the largest mistakes that most individuals and small business owners make when starting their business. Top Mistakes Made In Business Consider the risks that you are taking and make sure you don’t make the mistakes that many others make. •    The largest reason that businesses fail isn’t money, but poor planni...
Post a Comment
Read more