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Silver Lake

Silver Lake

Located in Essex County

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.

Logan Soter-Reardon
Written By
Logan Soter-Reardon
Daniel Byrne
Photography Contributed By
Daniel Byrne
Stewart Taveras
Video By
Stewart Taveras

Interested in learning more about homes in this area? Reach out to Javier Gomez, an experienced agent 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

Open Houses

  • Sunday, May 31
    Open Sun 2PM - 4PM

    115 Lexington Ave, Bloomfield, NJ 07003

    $549,900

    • 3 Beds
    • 2 Baths
    • 115 Lexington Ave
    • New 26 days ago

    Beautiful, meticulously maintained inside and out, move in condition home. Just take your bags and move right in, as a gorgeous updated front den greets you with a pocket door. This room cries as a nice private retreat. A lovely, spacious living room to unwind with fireplace, large formal dining room for entertaining guests, with sliders to a renovated rear room that can serve as an art studio,

    KAREN DEROSE C-21 CEDARCREST REALTY

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  • Sunday, May 31
    Open Sun 1PM - 3PM

    46 Watsessing Ave Unit A9, Belleville, NJ 07109

    $325,000

    • 2 Beds
    • 1 Bath
    • 46 Watsessing Ave
    • Unit A9

    Welcome to this spacious and well-maintained 3rd-floor condominium offering 2 bedrooms and 1 full bathroom in a highly desirable Belleville location. Proudly owned by the same owner since it was built, this home has been carefully maintained and offers a great opportunity for comfortable, easy living. The unit features a bright and functional layout with generous living space, along with the

    Steven Emery KELLER WILLIAMS PROSPERITY REALTY

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  • Sunday, May 31
    Open Sun 12PM - 3PM

    113 Harrison St, Bloomfield, NJ 07003

    $849,900

    • 8 Beds
    • 3 Baths
    • 2,276 Sq Ft
    • 113 Harrison St
    • New 2 days ago

    Well-maintained, owner-occupied 2-family property offering a total of 6 bedrooms (listed as 8 for search visibility) and 3 full bathrooms. The first-floor unit features 2 bedrooms, an office, and direct access to a fully finished basement that serves as an extension of the living space. The basement includes 2 additional rooms, a recreation room, a full bathroom, and its own separate exterior

    Carlo Flores KELLER WILLIAMS REALTY

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Silver Lake Has More Renters

Demographics

Total Population
4,314
Median Age
39
Population under 18
22.8%
On par with the national average
23.8%
Population over 65
15%
On par with the national average
19.1%

Finances

Median Household Income
$44,104
Significantly below the national average
$79,597
Average Household Income
$61,059

Education and Workforce

High School Graduates
90.5%
College Graduates
19.9%
Below the national average
34.1%
Advanced Degrees
12.9%
% Population in Labor Force
57.3%
Below the national average
64.9%

Area Factors

Fairly friendly

Bikeability®

50 / 100

Fairly friendly

Walkability®

50 / 100

Very friendly

Transit®

80 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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.
Silver Lake