Found within zip codes: 08817
Popular real estate near Edison, NJ (Town Center)
Median real estate prices in the Town Center of Edison are $293,274, which is more expensive than 48.2% of the neighborhoods in New Jersey and 78.3% of the neighborhoods in the U.S.
Average rental prices in Edison Town Center are currently $1,284, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 81.5% of the neighborhoods in New Jersey.
Edison Town Center is an urban neighborhood (based on population density) located in Edison, New Jersey.
Real estate in the Town Center of Edison, NJ is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Town Center neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Edison Town Center, the current vacancy rate is 3.4%, which is a lower rate of vacancies than 89.5% of all neighborhoods in the U.S. This means that the housing supply in Edison Town Center is very tight compared to the demand for property here.Notable & Unique Neighborhood Characteristics
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.Notable & Unique: Occupations
Executives, managers and professionals make up 70.8% of the workforce in the Edison Town Center neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 99.9% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.Notable & Unique: Diversity
Did you know that the Edison Town Center neighborhood has more Asian and Jamaican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 63.6% of this neighborhood's residents have Asian ancestry and 1.3% have Jamaican ancestry.
Edison Town Center is also pretty special linguistically. Significantly, 22.0% of its residents five years old and above primarily speak South Asian languages at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.Notable & Unique: Length of Commute
Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The Edison Town Center neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the Edison Town Center neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 16.8% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 99.5% of all neighborhoods in America.Notable & Unique: Modes of Transportation
If you like to ride the train to work, this neighborhood may be for you. NeighborhoodScout's research revealed that 26.3% of the Edison Town Center neighborhood's commuters ride the train to and from work each day, which is more than we found in 97.2% of America's neighborhoods.Notable & Unique: People
Some neighborhoods have residents that are more educated than others. But in this neighborhood there is a dramatic difference. NeighborhoodScout's exclusive analysis reveals that 31.4% of the adults here have earned a Masters degree, medical degree, Ph.D. or law degree. This is a higher rate of people with a graduate degree than is found in 96.0% of U.S. neighborhoods, where the average American neighborhood has 8.4% of its adults with a graduate degree. If you are highly educated, you may have much in common with many of your neighbors here.Notable & Unique: Real Estate
In addition, most neighborhoods are composed of a mixture of ages of homes, but the Edison Town Center stands out as rather unique in having nearly all of its residential real estate built in one time period, namely between 1970 and 1999, generally considered to be established, but not old housing. What you'll sense when you look around or drive the streets of this neighborhood is that many of the residences look the same because of this similarity of age. In fact, 87.7% of the residential real estate here was built in this one time period.
Furthermore, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the Edison Town Center neighborhood could be your paradise. With 23.6% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.8% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.
Also of note, 83.3% of the real estate in the Edison Town Center neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.The Neighbors The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Town Center neighborhood in Edison are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 93.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 93.4% of America's neighborhoods.The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place. In the Edison Town Center neighborhood, 70.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 17.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.1%), and 3.2% in manufacturing and laborer occupations.The Neighbors: Ethnicity / Ancestry
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today. In the Town Center neighborhood in Edison, NJ, residents most commonly identify their ethnicity or ancestry as Asian (63.6%). There are also a number of people of South American ancestry (2.6%) , and residents who report Puerto Rican roots (2.1%) , and some of the residents are also of Jamaican ancestry (1.3%) , along with some West Indian ancestry residents (1.3%), among others. In addition, 40.9% of the residents of this neighborhood were born in another country.The Neighbors: Languages
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Edison Town Center neighborhood is English, spoken by 48.1% of households. Other important languages spoken here include South Asian languages, Hindi (which is the official language of India), Gujarati (native to the Indian state of Gujarat) and Spanish.Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Edison Town Center neighborhood spend between 45 minutes and one hour commuting one-way to work (33.6% of working residents), longer and tougher than most commutes in America.
Here most residents (57.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (26.3%) and 7.1% of residents also carpool with coworkers, friends, or neighbors for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
|MEDIAN HOUSE VALUE||$293,274|
HOUSE VALUE RANGE
|RENTAL PRICE||Very high cost relative to NJ, very high cost relative to the nation|
|NEIGHBORHOOD LOOK, FEEL, & CHARACTER||DETAILS|
|THE SETTING||Urban (based on population density)|
|TYPE OF HOMES / DWELLINGS||Mostly Complexes/high rise apartments, some Rowhouses & attached homes, some Single-family homes and a few Small apartment buildings|
|SIZE OF HOMES / DWELLINGS||Mostly Small dwellings (1, 2, or no bedrooms), some Medium-sized dwellings (3 or 4 bedrooms) and a few Large dwellings (4 or 5 bedrooms)|
|AGE OF HOMES / DWELLINGS||Mostly Established but not old (Built 1970 – 1999), some Newer Homes (Built 2000 or later), some Well established older homes (Built 1940 - 1969) and some Historic homes (Built 1939 or earlier)|
|SPECIAL CHARACTER||Mostly Urban Sophisticates and Walkable|
|AGE & LIFESTYLE||Mostly Young singles-upwardly mobile (young, educated, professionally employed, and single), some Families with children (family households with school-aged children), some Mixed ages and some Seniors (people 65 and over)|
|EDUCATION LEVEL||Rating: 10 (5 is average for the U.S., 10 is most educated)|
|INCOME||Wealthy (among the 15% most wealthy communities in America)|
|OCCUPATIONS||Mostly Executive, managerial & professional, some Sales & Service workers, some Clerical, assistants & technical support and some Manufacturing & Laborers|
|ETHNICITY / ANCESTRY||Mostly East Asian, some Asian Indian, some Black, some White (non-Hispanic), some Hispanic, some Puerto Rican, some Italian ancestry and some Mexican|
|LANGUAGES||Mostly English speaking and some Spanish speaking|
|SCHOOLS IN THIS NEIGHBORHOOD||GRADES|
|There are no schools physically located in this neighborhood.|
This neighborhood is served by one 1 district.
14,566 Students enrolled in District
READING & MATH
|ETHNIC/RACIAL GROUPS||THIS DISTRICT||THIS STATE|
|WHITE (NON-HISPANIC) (%)||26.5||51.5|
|ASIAN OR PACIFIC ISLANDER (%)||54.6||8.6|
|AMERICAN INDIAN OR NATIVE OF ALASKA (%)||0.0||0.1|
|ECONOMIC GROUPS||THIS DISTRICT||THIS STATE|
|ECONOMICALLY DISADVANTAGED (%)||16.2||31.8|
|FOR THIS DISTRICT||PER STUDENT||TOTAL||% OF TOTAL|
|NEIGHBORHOOD EDUCATIONAL ENVIRONMENT|
|ADULTS IN NEIGHBORHOOD WITH COLLEGE DEGREE OR HIGHER (%)||64.3|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||0.0|
|PERIOD||TOTAL APPRECIATION||AVG. ANNUAL RATE||COMPARED TO NJ*||COMPARED TO AMERICA*|
|LAST 10 YEARS|
|LAST 5 YEARS|
|LAST 2 YEARS|
|LAST 12 MONTHS|
|* 10 is highest|
Town Center neighborhood appreciation rates are for subscribers only. Edison, NJ appreciation rates (city-wide averages) are open to all visitors.
National Median 3.9
My chances of becoming a victim
in Town Center SUBSCRIBE FOR DETAIL
in Edison 1 in 703
in New Jersey 1 in 324
National Median 29.1
My chances of becoming a victim
in Town Center SUBSCRIBE FOR DETAIL
in Edison 1 in 54
in New Jersey 1 in 46
Town Center neighborhood Crime data are subscription only. Edison, NJ crime rates (city-wide averages) are open to all visitors.
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