The Jersey Shore dominated the state’s most expensive towns in which to live. But the list also included Short Hills in Essex County, No. 5 in New Jersey, and Englewood Cliffs in Bergen County at No. 9.
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What is the most expensive part of New Jersey?
Top ten most expensive cities in New Jersey
| City | Average Price | |
|---|---|---|
| #1 | Avalon | $2,506,515 |
| #2 | Stone Harbor | $2,173,933 |
| #3 | Tenafly | $1,299,286 |
| #4 | North Wildwood | $1,201,957 |
What are the rich parts of New Jersey?
New Jersey places ranked by per capita income
| Rank | Place | County |
|---|---|---|
| 1 | Mantoloking | Ocean |
| 2 | Saddle River | Bergen County |
| 3 | Far Hills | Somerset County |
| 4 | Essex Fells | Essex County |
What is the best area to live in New Jersey?
The 6 Best Places to Live in New Jersey (Ya Know, If You’re Looking to Relocate)
- PRINCETON, NJ. Coldwell Banker recently announced a list of the ten best places to live in New Jersey.
- MONTCLAIR, NJ.
- MADISON, NJ.
- RIDGEWOOD, NJ.
- OCEAN CITY, NJ.
- CHERRY HILL, NJ.
Where are the most expensive homes in New Jersey?
Frick Drive, Alpine, NJ
The Frick Estate is considered New Jersey’s most expensive home, with a listing price of $48.8 million.
What is the richest zip code in New Jersey?
Topping the state was Short Hills’ 07078 in Essex County, where a typical income exceeds $250,000 and nearly two-thirds of households earn at least $200,000. It was followed by Mountain Lakes’ 07046 in Morris County ($242,083 median household income) and Ho-Ho-Kus in Bergen County ($216,875 median).
Is Red Bank NJ A wealthy town?
The per capita income in Red Bank in 2018 was $50,325, which is upper middle income relative to New Jersey, and wealthy relative to the rest of the US. This equates to an annual income of $201,300 for a family of four. However, Red Bank contains both very wealthy and poor people as well.
Where do millionaires live in NJ?
In New Jersey, Saddle River is home to one billionaire who controls more wealth than those in any other city in the state.
Where do celebrities live in New Jersey?
Four upscale boroughs — Alpine, Cresskill, Franklin Lakes, and Saddle River — are home to a slew of wealthy celebrities living in lavish mansions, sometimes on the same street. It helps that the area is relatively secluded yet still a short drive from New York City.
What is upper class in NJ?
Here’s how much you have to earn to be in the top 5% in the Garden State: Average top 5% annual income: $475,827. Minimum threshold needed to make the top 5%: $250,000.
Is NJ expensive to live?
Housing Costs in New Jersey
New Jersey is a notoriously expensive state to live in. It’s home to two of America’s wealthiest counties, Hunterdon County and Somerset County, and they’re not the only New Jersey locales with high home prices. According to NeighborhoodScout, the median home value in New Jersey is $360,084.
Is New Jersey expensive?
An amount below 100 means New Jersey is cheaper than the US average. A cost of living index above 100 means New Jersey, New Jersey is more expensive.
New Jersey cost of living is 120.4.
| COST OF LIVING | New Jersey | United States |
|---|---|---|
| Overall | 120.4 | 100 |
| Grocery | 105.8 | 100 |
| Health | 88.4 | 100 |
| Housing | 142.4 | 100 |
What part of Jersey do I live in?
Here are the North, Central and South Jersey borders as determined by you (INTERACTIVE) – nj.com.
Where are the biggest mansions in NJ?
ENGLEWOOD, NJ — The Gloria Crest Estate, once owned by silent movie actress Gloria Swanson, is the largest home on the market in New Jersey. The 24,000-square-foot mansion is described as a “classic Hollywood estate” just five miles from Manhattan.
What town has the biggest houses in NJ?
Top ten cities in New Jersey with the largest homes
| City | Average size | |
|---|---|---|
| #1 | Old Bridge | 20,787 sq ft |
| #2 | Avalon | 2,940 sq ft |
| #3 | Summit | 2,829 sq ft |
| #4 | Princeton | 2,699 sq ft |
How much money do you need to make to live in NJ?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Required annual income after taxes | $28,406 | $76,832 |
| Annual taxes | $5,290 | $19,594 |
| Required annual income before taxes | $33,696 | $96,426 |
Is Mountain Lakes NJ rich?
The borough is one of the state’s highest-income communities. In the 2014-2018 ACS, Mountain Lakes had a median household income of $216,250, ranked highest in the state, more than double the statewide median of $79,363.
What’s the most expensive zip code in America?
94027
These are America’s 10 most expensive zip codes
| Rank | Zip code | Median sales price in 2021 |
|---|---|---|
| 1 | 94027 | $7,475,000 |
| 2 | 02199 | $5,500,000 |
| 3 | 11962 | $5,000,000 |
| 4 | 94957 | $4,583,000 |
Is Alpine the richest town in NJ?
New Jersey’s first entry on the list was 07620, which encompasses the borough of Alpine in Bergen County. It ranked #53 with a median home sale price of $1.7 million, making it the most expensive zip code in New Jersey and the priciest in the study’s Mid-Atlantic region.
Is Upper Saddle River rich?
Situated just south of the New York border, Upper Saddle River is a five-square-mile town whose residents—many of whom are doctors, Wall Street professionals and successful entrepreneurs—are the most affluent in New Jersey, with a median household income of $180,429.
Is Basking Ridge NJ rich?
BASKING RIDGE, NJ — It’s no secret Somerset County is well off, being that it is among the wealthiest in New Jersey and in the United States, according to past census reports.
