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    AI-Generated Neighborhood Summary

    New Jersey is a diverse state with a range of urban, suburban, and rural areas. Depending on the specific location, crime rates can vary significantly. Generally, suburban areas may have lower crime rates compared to urban centers. The school district ratings in New Jersey also vary, with some districts such as Princeton and Millburn known for high-performing schools. The state offers a wealth of amenities including numerous parks (like Liberty State Park), grocery stores, and tourist attractions such as the Jersey Shore, Liberty Science Center, and various historical sites.

    The average household income in New Jersey varies by area. For instance, in affluent neighborhoods like Bergen County or Somerset County, the income tends to be higher compared to other regions. If the property you are considering is suburban, it might be closer to smaller town centers rather than large cities. However, major city centers like Newark or Jersey City are easily accessible from most parts of the state. The proximity to New York City also makes job opportunities abundant, with significant growth in sectors such as technology, finance, and healthcare.

    Job growth in New Jersey has been positive, with a focus on expanding industries including tech, pharmaceuticals, and logistics due to its strategic location. The state's transportation infrastructure supports commuting and trade, which contributes to economic development. Because of New Jersey’s diverse economy and location, residents often find employment opportunities both within the state and in neighboring regions.

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    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $409,600

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $108,162
    Nat'l Avg: $69,021

    Percent Under Poverty

    5%
    Nat'l Avg: 12%

    Median Contract Rent

    $971
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Get access to 15+ additional neighborhood metrics, including crime data, income statistics, demographic breakdowns, and more.

    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Central Park

    New York City

    Newark Liberty International Airport

    Newark

    MetLife Stadium

    East Rutherford

    Princeton University

    Princeton

    Liberty Science Center

    Jersey City

    The Mills at Jersey Gardens

    Elizabeth

    Rutgers University

    New Brunswick

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    New Jersey's median home price has steadily increased over the past decade, reflecting a strong demand in the housing market.
    Crime rates in New Jersey have seen a significant decline, with a notable decrease in violent crime over the past five years.
    The state's economy has diversified, showing growth in technology and pharmaceutical sectors, contributing to a robust economic landscape.
    Historically, property values in New Jersey have appreciated consistently, positioning the current market for continued growth.

    Custom Narratives

    New Jersey's robust economy has led to a 5% increase in median home prices over the past year, reflecting strong demand in the real estate market.
    Future market shifts indicate a growing demand for suburban homes as remote work trends persist, creating new investment opportunities in these areas.
    The state boasts diverse communities with increasing cultural and ethnic diversity, enhancing its appeal to a wide range of homebuyers.
    Evolving demographics, including a younger workforce moving into urban centers, are reshaping local economies and driving new residential developments.

    Green Flags

    Proximity to New York City and Philadelphia
    Beautiful beaches along the Jersey Shore
    Diverse cultural and dining options
    Strong educational institutions and schools

    Red Flags

    High cost of living
    Heavy traffic congestion
    High property taxes
    Industrial areas with pollution
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

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    Historical Flooding

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    Complete Flood Risk Analysis

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