Edison, NJ (Park Ave / Talmadge Rd)




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Park Ave / Talmadge Rd

NEIGHBORHOOD REPORT
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640 Vital Statistics. 18 Condition Alerts found.

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Real Estate


44

Statistics

alerts 3 Alerts

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Demographics alerts

Demographics


136

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Crimes alerts

Crimes


67

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Schools alerts

Schools


65

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328

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About Edison, NJ (Park Ave / Talmadge Rd)


Real Estate Prices and Overview

Park Ave / Talmadge Rd median real estate price is $412,364, which is more expensive than 68.8% of the neighborhoods in New Jersey and 81.7% of the neighborhoods in the U.S.

The average rental price in Park Ave / Talmadge Rd is currently $2,020, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 82.8% of the neighborhoods in New Jersey.

Park Ave / Talmadge Rd is a suburban neighborhood (based on population density) located in Edison, New Jersey.

Park Ave / Talmadge Rd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) townhomes and single-family homes. Most of the residential real estate is owner occupied. Many of the residences in the Park Ave / Talmadge Rd 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.

Real estate vacancies in Park Ave / Talmadge Rd are 5.0%, which is lower than one will find in 76.3% of American neighborhoods. Demand for real estate in Park Ave / Talmadge Rd 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

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Notable & Unique: Diversity

Did you know that the Park Ave / Talmadge Rd neighborhood has more Asian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 67.0% of this neighborhood's residents have Asian ancestry and 1.0% have Eastern European ancestry.

Park Ave / Talmadge Rd is also pretty special linguistically. Significantly, 10.8% 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 100.0% 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 Park Ave / Talmadge Rd 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 Park Ave / Talmadge Rd neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 17.3% 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 99.6% of all neighborhoods in America.

Notable & Unique: People

Priests and therapists would like to think they know the secrets to a truly successful marriage, but according to NeighborhoodScout's research, the folks of the Park Ave / Talmadge Rd neighborhood may actually hold the key. 71.6% of its residents are married, which is a higher percentage than is found in 99.0% of the neighborhoods in America.

In addition, 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 36.8% 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 97.5% 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.

Also, if you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 3.8% of America's neighborhoods are wealthier than the Park Ave / Talmadge Rd neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe.

Finally, think about the people you know personally. How many of them would purchase box seats to opening night at the symphony? How many of them regularly attend gallery openings, or are the first to reserve tickets to opening night at the ballet? If they're like most of us, they don't do any of these things. But if you're among an exclusive crowd of wealthy and refined patrons of the arts, then you'll feel right at home in the Park Ave / Talmadge Rd neighborhood: a neighborhood in which more "urban sophisticates" live than 95.9% of neighborhoods across the U.S. Here, your neighbors are defined as having urbane tastes in literature, music, live theatre and the arts. They are wealthy, educated, travel in style, and live a big city lifestyle whether or not they live in or near a big city. In addition to being an excellent choice for urban sophisticates, this neighborhood is also a very good choice for highly educated executives and first-time home buyers.

Notable & Unique: Real Estate

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 Park Ave / Talmadge Rd neighborhood could be your paradise. With 45.8% 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 1.5% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

In addition, most neighborhoods are composed of a mixture of ages of homes, but the Park Ave / Talmadge Rd 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, 84.3% of the residential real estate here was built in this one time period.

Notable & Unique: Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Park Ave / Talmadge Rd neighborhood. What is interesting to note, is that the Park Ave / Talmadge Rd neighborhood has a greater percentage of residents born in another country (52.3%) than are found in 98.2% of all U.S. neighborhoods.

Notable & Unique: Occupations

The Park Ave / Talmadge Rd neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 98.0% of the neighborhoods in American. In fact, 69.9% 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: Modes of Transportation

In the Park Ave / Talmadge Rd neighborhood, 13.7% 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 95.2% of the neighborhoods in America.


The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Park Ave / Talmadge Rd 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 96.2% of the neighborhoods in America. In addition, 2.5% 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 85.2% 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 Park Ave / Talmadge Rd neighborhood, 69.9% 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 12.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 8.1% in manufacturing and laborer occupations.

The Neighbors: Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Park Ave / Talmadge Rd neighborhood in Edison, NJ, residents most commonly identify their ethnicity or ancestry as Asian (67.0%). There are also a number of people of Italian ancestry (8.4%), and residents who report Irish roots (6.8%), and some of the residents are also of Polish ancestry (3.9%), along with some German ancestry residents (2.6%), among others. In addition, 52.3% 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 Park Ave / Talmadge Rd neighborhood is English, spoken by 33.1% of households. Other important languages spoken here include South Asian languages, Chinese, Gujarati (native to the Indian state of Gujarat) and Hindi (which is the official language of India).

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 Park Ave / Talmadge Rd neighborhood spend between 15 and 30 minutes commuting one-way to work (28.0% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (17.3%) who commute over an hour in each direction.

Here most residents (74.1%) drive alone in a private automobile to get to work. In addition, quite a number also take the train to get to work (13.7%) and 8.3% 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.

Neighborhood Real Estate Data

44 Vital Statistics. 3 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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years of average rent needed to buy average home in this neighborhood
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Average Market Rent

 

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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Edison, NJ (Park Ave / Talmadge Rd) HOMES

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TYPE OF Edison, NJ (Park Ave / Talmadge Rd) HOMES

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SIZE OF Edison, NJ (Park Ave / Talmadge Rd) HOMES

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SIZE OF Edison, NJ (Park Ave / Talmadge Rd) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 1 Condition Alert found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Household Types

 

One person households

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Married Couple with Child

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Single Parent with Child

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Employment Industries in Park Ave / Talmadge Rd

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

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Education

 

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 5 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
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Assault
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100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
Park Ave / Talmadge Rd 0.101011101001110
Edison 0.101011101001110
New Jersey 2.55
My Chances of Becoming a Victim of a Violent Crime

1 in

in Park Ave / Talmadge Rd

1 in

in Edison

1 in 392

in New Jersey
Edison VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
Park Ave / Talmadge Rd 0.101011101001110
Edison 0.101011101001110
New Jersey 16.26
My Chances of Becoming a Victim of a Property Crime

1 in

in Park Ave / Talmadge Rd

1 in

in Edison

1 in 61

in New Jersey
Edison Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
Park Ave / Talmadge Rd 0.101011101001110
Edison 0.101011101001110
New Jersey 69

Neighborhood Public School Data

65 Vital Statistics. 5 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that your children would be exposed to if you lived in this neighborhood. Info

Schools In This Neighborhood

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

EDISON TOWNSHIP SCHOOL DISTRICT


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to New Jersey

(10 is best)

Better than of NJ school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
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Operation
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Total Support
Non-instructional Expenditures
Total Expenditures

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