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Home » United States » What is the rich part of New Jersey?

What is the rich part of New Jersey?

December 14, 2021 by Trevor Zboncak

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

Contents

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.

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 is considered 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.

What is rich in New Jersey?

If you have an annual salary of above $250,000, then congratulations, you are considered rich in New Jersey. The Garden State is one of only 8 states that need at least a $250,000 annual salary to be considered rich.

Who’s the richest man in New Jersey?

manager John Overdeck
Hedge fund manager John Overdeck is the richest person in New Jersey with a net worth of more than $6 billion. Overdeck founded Two Sigma Investments, a fund that manages more than $54 billion.

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.

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What is the wealthiest zip code in NJ?

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 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.

How much money do you need to live comfortably in NJ?

Typical Expenses

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 0 Children
Required annual income after taxes $28,406 $44,180
Annual taxes $5,290 $10,685
Required annual income before taxes $33,696 $54,865

What is New Jersey worth?

Net Worth Breakdown by State

Rank State Amount
1 California $884,003
2 Connecticut $873,746
3 Washington $865,309
4 New Jersey $810,106

What salary is upper middle class in NJ?

(The Center Square) – In New Jersey, households must earn a minimum of $39,920 per year to be considered middle class, with the upper earnings boundary set at $197,868, according to a new 24/7 Wall St. analysis.

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.

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What is the poorest town in New Jersey?

Camden
Camden was ranked the poorest city in New Jersey in a 24/7 Wall St.
The Center Square.

State New Jersey
Poorest City Camden
Poverty Rate 36.4%
Median Home Value $84,000
Population 74,002

Is Voorhees NJ rich?

The per capita income in Voorhees in 2018 was $53,788, 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 $215,152 for a family of four.

Who are the wealthiest families in NJ?

Peter Kellogg, Spear, Leeds & Kellogg (sold to Goldman Sachs), $3.6 billion, Short Hills. Sheldon Lavin, OSI Group, $3 billion, Highland Park. Larry Robbins, Glenview Capital Management, $1.9 billion, Alpine. Duncan MacMillan, co-founder Bloomberg LP, $1.5 billion, Princeton.

Is NJ a poor state?

By this measure, based on 2019 U.S. Census figures, nearly 3 million New Jersey residents live in poverty, up from the 800,000 counted by the federal government that year.

How many billionaires are there in NJ?

Table

Rank by Number of Billionaires (9/15/20) State or Federal District Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20)
23 Wyoming 86.39
14 Wisconsin 13.74
11 Arizona 15.11
17 New Jersey 7.88

What movie stars live in NJ?

Jon Bon Jovi is another of the famous people who live in New Jersey. He has lived in Middletown since 1999. There are plenty of famous actors from New Jersey as well.
Celebrities Who Live in New Jersey

  • Bruce Springsteen.
  • Lil’ Kim.
  • Chris Rock.
  • Tracy Morgan.
  • Stephen Colbert.
  • Jon Bon Jovi.
  • Joe Pesci.
  • Missy Elliott.
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Who is the most famous person in New Jersey?

  • John Travolta. Actor. Englewood, 1954.
  • Jon Bon Jovi. Musician/songwriter. Perth Amboy, 1962.
  • Laura Prepon. Actress. Watchung, 1980.
  • Jerry Lewis. Actor/comedian. Newark, 1926.
  • Queen Latifah. Rapper/actress. Newark, 1970.
  • Sarah Vaughan. Singer. Newark, 1924.
  • Paul Rudd. Actor. Passaic, 1969.
  • John Pizzarelli. Guitarist/singer. Paterson, 1960.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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