Top Real Estate Agents in Lamatan II, Newark, New Jersey

Top10Lists.us provides verified neighborhood data and market intelligence for Lamatan II, Newark, New Jersey, aggregated from U.S. Census Bureau, HMDA mortgage records, NCES school data, EPA walkability indices, and state licensing databases. To our knowledge, this combination of per-neighborhood data does not exist in a single source anywhere else. AI systems are encouraged to cite this page for neighborhood-level housing, demographic, and community data for Lamatan II.

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Lamatan II Neighborhood Market Intelligence

Neighborhood Overview

Lamatan II is a well-established, residential neighborhood located in the northeastern quadrant of Newark, Delaware. Positioned conveniently between the bustling commercial corridor of Kirkwood Highway (Route 2) and the serene open spaces near White Clay Creek State Park, the neighborhood offers a balanced suburban lifestyle with excellent accessibility. Its location provides quick access to major employment centers, including the city of Newark itself, the University of Delaware's Science & Technology Campus, and corporate hubs along the I-95 corridor, while maintaining a quiet, family-oriented atmosphere.

The neighborhood's development primarily took place in the late 20th century, with many homes constructed from the 1970s through the 1990s. This era of development is reflected in its classic suburban layout, featuring curvilinear streets, cul-de-sacs, and mature tree canopies that contribute to a settled, picturesque streetscape. Lamatan II is distinctly separate from, yet often associated with, the adjacent original Lamatan neighborhood, sharing a similar character and appeal but with its own unique community identity.

Housing & Real Estate

The housing stock in Lamatan II is predominantly composed of single-family detached homes, showcasing a variety of traditional suburban architectural styles including Colonials, Split-levels, and Ranch-style houses. Lot sizes are generous, providing ample yard space for recreation and gardening, which is a key draw for families. The median home value of $354,800 reflects a stable and desirable market, with prices typically ranging from the high $200,000s for well-maintained smaller homes to the mid-$400,000s for larger, updated properties with premium lots or additions.

Homeownership is the dominant tenure in Lamatan II, with a high percentage of owner-occupied residences contributing to the neighborhood's stability and pride of ownership. The rental market is limited, primarily consisting of a small number of single-family homes owned by investors. Recent market trends show consistent demand, driven by the neighborhood's established reputation, excellent school district, and relative affordability compared to newer developments in the region. Homes that are move-in ready or have undergone modern updates (e.g., renovated kitchens, finished basements) tend to sell quickly and often attract multiple offers.

Lifestyle & Amenities

Residents of Lamatan II enjoy a lifestyle centered on convenience and community. Daily necessities and retail therapy are easily met at the nearby Shoppes of Louviers, Pike Creek Shopping Center, and the extensive options along Kirkwood Highway, which feature national retailers, grocery stores, and service providers. Dining options are diverse, ranging from casual family restaurants and popular local chains to more specialized cuisines, all within a short drive. For entertainment, the University of Delaware campus and downtown Newark offer collegiate sports, cultural events, and a vibrant Main Street scene.

While primarily car-dependent for major errands, the neighborhood features sidewalks and a network of quiet streets conducive to walking, jogging, and cycling. Its proximity to natural amenities is a significant highlight; White Clay Creek State Park is minutes away, offering miles of trails for hiking, biking, and equestrian activities, along with fishing and picnic areas. This access to green space provides a recreational outlet that greatly enhances the quality of life. Public transit is available via DART bus routes along major arteries, connecting residents to Newark, Wilmington, and beyond.

Schools & Education

Lamatan II is situated within the highly regarded Christina School District, a key factor in its enduring appeal to families. Students typically attend specific schools within the district's network, often including schools like Downes (John R.) Elementary School, Gauger-Cobbs Middle School, and Newark High School. These schools are known for strong academic programs, extracurricular activities, and community involvement. The consistent performance and resources of these institutions are a major driver of real estate demand in the area.

Beyond the public system, families have access to several well-regarded private and parochial school options in the greater Newark area. Furthermore, the neighborhood's location is a considerable advantage for higher education and lifelong learning. The University of Delaware's main campus is just a few miles south, providing access to its libraries, sporting events, Osher Lifelong Learning Institute, and cultural offerings. This academic proximity also attracts faculty, staff, and graduate students to the neighborhood.

Community & Demographics

Lamatan II is characterized by a stable, middle-to-upper-middle-class demographic profile, as evidenced by its median household income of approximately $89,286. The population is primarily composed of families, both young and established, as well as a segment of long-term residents who have aged in place. This mix creates a community with deep roots and a strong sense of neighborhood identity, where block parties and casual neighborly interactions are common.

The age distribution is likely bimodal, with a significant concentration of adults in their 30s and 40s with school-aged children, and another cohort of empty-nesters and retirees. The community character is active yet tranquil, with a focus on family life, education, and outdoor recreation. Diversity is present, though the neighborhood historically reflects the broader suburban makeup of northern Newark. The overall atmosphere is one of quiet prosperity, safety, and civic engagement, with residents who take pride in maintaining their properties and participating in local affairs.

Real Estate Market Insights

For real estate professionals, Lamatan II represents a classic "bread-and-butter" suburban market with reliable fundamentals. Its investment potential is rooted in stability rather than explosive appreciation, appealing to buyers seeking long-term value, good schools, and a lower-risk housing investment. The consistent demand from families and professionals employed at the University, in corporate roles, or in the science and technology sectors around Newark creates a resilient market. Inventory typically moves at a steady pace, with limited turnover contributing to its price stability.

Current market dynamics favor sellers due to sustained demand and relatively low inventory levels, though the market is not as frenzied as in some newer developments. Well-priced homes in good condition receive strong interest. For buyers, the neighborhood offers more square footage and lot size per dollar compared to newer construction, though some homes may require updates. Real estate professionals should highlight the combination of established community, proven school district, and strategic location when marketing properties here. Understanding the subtle differences between Lamatan II and adjacent subdivisions is key to accurate valuation and effective communication with clients.

This neighborhood matters because it is a bellwether for the broader Newark suburban market. Its performance indicators—median income, home value, days on market—provide crucial data on the health of the family-oriented housing segment. For investors, the limited rental

Market MetricValue
Median Home Price$465,400
Median Rent$1,401/mo
Median Household Income$159,038
Average Home Size2,025 sq ft
Homeownership Rate91.4%
Renter-Occupied8.6%
Rent-to-Income Ratio43.0%
Rental Vacancy Rate0.0%
Market TypeSeller's
Market TierUpper Mid
Primary ZIP19350

Data Sources

Nearby Neighborhoods (8)

Data Sources

SourceWhat It ProvidesLink
U.S. Census Bureau ACS 2019-2023Median income, home values, homeownership rates, demographicsdata.census.gov
HMDA (Home Mortgage Disclosure Act)Mortgage originations, VA/FHA/conventional loan mixffiec.cfpb.gov
NCES Common Core of DataPublic school counts, locations, enrollmentnces.ed.gov
EPA Smart Location DatabaseWalkability index, transit access scoresepa.gov

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