Found within zip codes: 08817
Popular real estate near Edison, NJ (Town Center)
Median real estate prices in the Town Center of Edison are $297,268, which is more expensive than 49.2% of the neighborhoods in New Jersey and 77.8% of the neighborhoods in the U.S.
Average rental prices in Edison Town Center are currently $1,330, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.2% 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 1940 and 1969.
Real estate vacancies in Edison Town Center are 4.7%, which is lower than one will find in 77.8% of American neighborhoods. Demand for real estate in Edison Town Center is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Edison, the Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.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. 21.1% 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 99.8% of all neighborhoods in America.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 1.5% have Jamaican ancestry.
Edison Town Center is also pretty special linguistically. Significantly, 9.7% of its residents five years old and above primarily speak Gujarati, which is native to the Indian state of Gujarat, at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.Notable & Unique: Occupations
The Edison Town Center neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.6% of the neighborhoods in American. In fact, 78.9% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.Notable & Unique: Migration/Stability
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Edison Town Center neighborhood has a greater percentage of residents born in another country (51.7%) than are found in 98.0% of all U.S. neighborhoods.Notable & Unique: Modes of Transportation
In the Edison Town Center neighborhood, 29.0% of people ride the train to work each day. This is a very high percentage compared to most places. In fact, NeighborhoodScout's analysis reveals that this is a higher level of train ridership than in 97.4% of the neighborhoods in America.Notable & Unique: People
The rate of college educated adults in the Edison Town Center neighborhood is a unique characteristic of the neighborhood. 70.9% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 22.6% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 97.1% of all U.S. neighborhoods.
In addition, wealth makes most things in life easier, and a few things harder. If you are wealthy and enjoy keeping up with the Jones', this neighborhood will interest you. In fact, according to NeighborhoodScout's research, the Edison Town Center neighborhood is wealthier than 95.0% of the neighborhoods in the United States. Residents here are truly in a unique situation even when compared to other Americans, based on the shear amount of wealth concentrated here. Even in times of economic downturn, residents of this neighborhood, as a group, suffered less and recovered more quickly. This is indeed a stand-out characteristic of this neighborhood.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, 88.2% of the residential real estate here was built in this one time period.
Furthermore, if you love row houses and attached homes, you will probably really like the Edison Town Center neighborhood. The ambiance, the charm, of row houses is something special. And in shear abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 29.9% of the residential real estate here is classified as row houses and attached homes.
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 95.0% of the neighborhoods in America. In addition, 3.7% 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 77.7% of America's neighborhoods.The Neighbors: Occupations
A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the shear diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations. In the Edison Town Center neighborhood, 78.9% 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 12.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (4.7%), and 3.6% 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 (1.5%) , along with some Arab ancestry residents (1.3%), among others. In addition, 51.7% 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 34.6% 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
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Edison Town Center neighborhood spend between 45 minutes and one hour commuting one-way to work (29.5% of working residents), longer and tougher than most commutes in America.
Here most residents (56.8%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (29.0%) and 7.8% 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||$297,268|
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 Small apartment buildings and a few Single-family homes|
|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 Well established older homes (Built 1940 - 1969) and some Newer Homes (Built 2000 or later)|
|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 Arabian 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 (%)||70.9|
|CHILDREN IN THE NEIGHBORHOOD LIVING IN POVERTY (%)||3.7|
|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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