Quick facts: Kendall park, NJ

Quick Facts

112.9
Cost of Living
above US average
10,624
Population
1.13
Crime Rate per 1000
below US average
$159,362
Median Income
above US average
$675,000
Median House Price
above US average
$2932.14
Average Rent
above US average
2%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $159,362.

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Income Needed to Buy

βœ— Stretch
$212k/year
Based on $675,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $212k vs median $159,362
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Income Needed to Rent

βœ“ Affordable
$126k/year
Based on $2932.14/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($159,362) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Kendall park, NJ

Kendall Park is an unincorporated community located within South Brunswick Township in Middlesex County, New Jersey. It is primarily a residential area that features a mix of single-family homes, townhomes, and apartments, appealing to a diverse population. The community is characterized by its suburban atmosphere, with tree-lined streets and parks offering recreational opportunities. One of the key features of Kendall Park is its proximity to major transportation routes, including Route 1 and I-95, which facilitate easy access to neighboring towns and larger cities like New Brunswick and Princeton. This strategic location makes it an attractive spot for commuters working in New York City or Philadelphia. Kendall Park is served by the South Brunswick School District, which is well-regarded for its educational programs and facilities. The community also boasts various parks, playgrounds, and sports fields, providing ample opportunities for outdoor activities. Overall, Kendall Park is a family-friendly area that combines residential comfort with convenient access to urban amenities, making it a desirable place to live in central New Jersey.

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