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Real Estate Prices & Overview

Bradevelt / Town Center median real estate price is $1,021,868, which is more expensive than 87.5% of the neighborhoods in New Jersey and 90.5% of the neighborhoods in the U.S.

The average rental price in Bradevelt / Town Center is currently $4,308, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.0% of the neighborhoods in New Jersey.

Bradevelt / Town Center is a suburban neighborhood (based on population density) located in Marlboro, New Jersey.

Bradevelt / Town Center real estate is primarily made up of large (four, five or more bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the Bradevelt / Town Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

In Bradevelt / Town Center, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 82.2% of all neighborhoods in the U.S. This means that the housing supply in Bradevelt / Town Center is very tight compared to the demand for property here.

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 Marlboro, the Bradevelt / Town Center neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

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 Bradevelt / 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 Bradevelt / Town Center neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 20.7% 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.

Real Estate

One way that the Bradevelt / Town Center neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 98.2% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.

People

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 1.8% of America's neighborhoods are wealthier than the Bradevelt / Town Center 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.

In addition, if knowledge is power, then imagine the cumulative power of one neighborhood where many of the adults have earned an advanced degree, such as a Masters, law degree, medical degree, or even a Ph.D. This is certainly the case in the Bradevelt / Town Center neighborhood, where 35.7% have earned an advanced degree. Compare that to the average neighborhood in America, where just 13.7% of adults have completed a post-graduate degree, and you can see why this neighborhood is a stand out. In fact, this neighborhood has a higher rate of adults with an advanced degree than 95.1% of the neighborhoods in America.

Also, the Bradevelt / Town Center neighborhood is considered a solid choice for executive lifestyles. NeighborhoodScout's analysis ranks it as better than 94.2% of New Jersey neighborhoods for executive living, based on the wealthy, educated professionals, executives, and managers who choose to reside here, the spacious homes that are prominent features of the real estate in the neighborhood, and the high real estate appreciation rates found here relative to other neighborhoods in the state. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for urban sophisticates and families with school-aged children.

Diversity

Did you know that the Bradevelt / Town Center neighborhood has more Italian and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.6% of this neighborhood's residents have Italian ancestry and 2.4% have Eastern European ancestry.

Bradevelt / Town Center is also pretty special linguistically. Significantly, 7.6% of its residents five years old and above primarily speak Chinese at home. While this may seem like a small percentage, it is higher than 97.0% of the neighborhoods in America.

The Neighbors

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 Bradevelt / Town Center neighborhood in Marlboro 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 98.2% of the neighborhoods in America. With 12.4% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 55.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Bradevelt / Town Center neighborhood, 60.9% 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 23.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.6%), and 5.8% in manufacturing and laborer occupations.

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 Bradevelt / Town Center neighborhood is English, spoken by 75.3% of households. Other important languages spoken here include Chinese and Langs. of India.

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 Bradevelt / Town Center neighborhood in Marlboro, NJ, residents most commonly identify their ethnicity or ancestry as Italian (24.6%). There are also a number of people of Asian ancestry (20.7%), and residents who report Irish roots (9.1%), and some of the residents are also of German ancestry (7.0%), along with some Polish ancestry residents (5.7%), among others. In addition, 18.0% of the residents of this neighborhood were born in another country.

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 Bradevelt / Town Center neighborhood spend between 15 and 30 minutes commuting one-way to work (24.0% 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 (20.7%) who commute over an hour in each direction.

Here most residents (53.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (8.4%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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