Neighborhood Profile

Nassau Square

Kendall Park, NJ | Middlesex County
Scored premium profile
Best Neighborhoods USA Index
74.9
National rank: #644 of 14,967
Stability and Strength
88.2
Score
Value Opportunity
90.9
Score
Momentum
31.1
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationKendall Park, NJ
CountyMiddlesex County
National rank#644 of 14,967
State rank#6 of 137
City rank#1 of 5
County rank#2 of 17
National percentile95.7
National bandTOP_5_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$520,015
Year-over-year home value change-0.2%
Month-over-month home value change-0.68%
Home value to income ratio2.13
Median household income$244,306
Bachelor's degree or higher77.7%
Civilian unemployment rate4.3%
Homeownership rate93.3%
Housing vacancy rate0.0%
Rent burden 30% or higher1.3%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Nassau Square

What is the Best Neighborhoods USA ranking for Nassau Square?

Nassau Square is ranked #1 of 5 eligible neighborhoods in Kendall Park; #6 of 137 eligible neighborhoods in NJ; and #644 of 14,967 eligible neighborhoods in the United States.

Is Nassau Square one of the best neighborhoods in Kendall Park?

Nassau Square has a Best Neighborhoods USA Index of 74.9 and a city ranking of #1 of 5 eligible neighborhoods in Kendall Park.

How much are homes worth in Nassau Square?

The current Zillow Home Value Index for Nassau Square is approximately $520,015.

Are home values rising or falling in Nassau Square?

Zillow neighborhood values changed -0.2% year over year and -0.68% month over month.

What is the Neighborhood Momentum Score for Nassau Square?

Nassau Square has a Neighborhood Momentum Score of 31.1. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Nassau Square?

The NDS-derived neighborhood median household income is approximately $244,306.

How affordable is Nassau Square relative to household income?

The current Zillow home-value-to-household-income ratio is 2.13. Price-to-income affordability is a major Value Opportunity input.

Is Nassau Square primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 93.3%.

What is the unemployment rate in Nassau Square?

The NDS-derived civilian unemployment rate is approximately 4.3%.

How educated are residents of Nassau Square?

Approximately 77.7% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Nassau Square face high rent burden?

Approximately 1.3% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Nassau Square?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

Strongest Value Opportunity in New Jersey

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications5
Estimated originations3
Home-purchase applications2
Origination rate56.0%
Home-purchase share32.2%
Average application loan$366,501
Total application loan amount$1,800,218
National application rank#13,778 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -2.1% YoY; originations 1.5% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.