Wealthiest Towns in NJ – Explore Wealthiest Towns in New Jersey

New Jersey is home to some of the wealthiest towns in the United States. From the charming suburban town of Essex Fells to the prestigious enclave of Alpine, these communities boast high household incomes and luxurious homes. In this article, we will explore the top 10 wealthiest towns in New Jersey, each offering a unique blend of prosperity, beauty, and a high standard of living.

Key Takeaways:

New Jersey is home to several of the wealthiest towns in the United States.
The top 10 wealthiest towns in the state offer a high standard of living and luxurious homes.
These communities attract affluent residents with their prosperity and beautiful surroundings.
Each town has its own unique charm and amenities to cater to the affluent lifestyle.
Exploring these towns allows for a glimpse into the epitome of wealth and prosperity in New Jersey.

Essex Fells – A Suburban Gem

Located in New Jersey, Essex Fells is an affluent neighborhood known for its exceptional quality of life and prosperous community. With an average household income of $351,049, Essex Fells ranks among the high-income towns in New Jersey. The town’s luxurious homes boast a median sales price of $1,211,365, reflecting the upscale living environment.

Essex Fells stands out not only for its financial prosperity but also for its highly educated population. With 44% of residents holding Master’s degrees or higher, the town offers an intellectually stimulating environment. This commitment to education contributes to the overall affluence and vibrant community of Essex Fells.

“Essex Fells is a hidden gem, offering a suburban lifestyle with all the amenities one could desire. Residents enjoy the tranquility of tree-lined streets, beautiful parks, and easy access to nearby urban centers. Its close-knit community and exceptional schools make it an ideal place to raise a family.”

With a low poverty rate of 2.44%, Essex Fells reflects economic stability and prosperity. The town’s residents enjoy a high standard of living and benefit from the beautiful surroundings and convenient proximity to neighboring cities. Essex Fells truly embodies suburban elegance and stands as a testament to the wealth and allure of affluent neighborhoods in New Jersey.

Essex Fells at a Glance:

Average Household Income
Median Sales Price of Homes
Percentage of Residents with Master’s Degrees or Higher
Poverty Rate

$351,049
$1,211,365
44%
2.44%

Ho-Ho-Kus – A Picturesque Suburb

Ho-Ho-Kus, a picturesque suburb in New Jersey, has earned its reputation as one of the most affluent suburbs in the state. With its beautiful tree-lined streets, charming homes, and a close-knit community, Ho-Ho-Kus offers a luxurious and serene living environment. The average household income in Ho-Ho-Kus is an impressive $331,716, and the median sales price of homes is $1,071,760, making it an attractive destination for those seeking opulent areas in NJ.

One of the factors contributing to the town’s prosperity is its remarkably low poverty rate of 0.0732%. This statistic underscores the financial stability and economic well-being of its residents. Ho-Ho-Kus also boasts a highly educated population, with many residents holding advanced degrees. This intellectual atmosphere fosters a stimulating and affluent community, drawing in individuals who place a premium on education and personal growth.

Furthermore, Ho-Ho-Kus offers a family-friendly environment with excellent schools and a low crime rate. Families looking for a desirable place to settle down can find solace in the town’s commitment to providing a safe and comfortable setting for their children to thrive. The combination of its natural beauty, prosperous community, and exceptional amenities make Ho-Ho-Kus an ideal choice for individuals seeking an upscale lifestyle in one of New Jersey’s affluent suburbs.

Ho-Ho-Kus offers a luxurious and serene living environment, with beautiful tree-lined streets, charming homes, and a close-knit community.

Key Statistics on Ho-Ho-Kus:

Statistic
Value

Average Household Income
$331,716

Median Sales Price of Homes
$1,071,760

Poverty Rate
0.0732%

Percentage of Residents with Advanced Degrees
High

Crime Rate
Low

Ho-Ho-Kus exemplifies the beauty and allure of the opulent areas in NJ, offering a picturesque setting and a prosperous community for residents to enjoy.

Alpine – The Epitome of Affluence

Nestled in the picturesque Bergen County, New Jersey, Alpine stands as one of the most opulent areas in the state. With an average household income of $318,616 and a median sales price of homes at $2,759,197, this town exudes luxury, wealth, and the allure of a lavish lifestyle. Notable residents, including billionaire Larry Robbins, further enhance Alpine’s reputation as a haven for the wealthy. But it’s not just Wall Street tycoons who call Alpine home; the town also attracts celebrities and music industry figures seeking the utmost extravagance and exclusivity.

Alpine’s affluent community is evident in its stunning real estate offerings, with majestic mansions and sprawling estates dotting the landscape. The town’s picturesque surroundings, including lush greenery and breathtaking views of the Hudson River, add to its charm and desirability. With an emphasis on privacy, security, and a tranquil atmosphere, Alpine provides residents with an unrivaled sense of serenity and sophistication.

Alpine is a haven for those seeking the epitome of affluence. Its luxury real estate, breathtaking views, and prestigious residents make it one of the richest places in NJ.

Despite its small size, Alpine boasts a variety of high-end amenities and services catering to the discerning tastes of its residents. From exclusive country clubs and gourmet restaurants to upscale boutiques and spas, the town offers everything one could desire for a life of indulgence and leisure. Additionally, Alpine’s proximity to New York City provides easy access to world-class cultural attractions, fine dining establishments, and endless entertainment options.

For those seeking a life of unparalleled luxury and sophistication, Alpine is undoubtedly a destination of choice. With its lavish homes, prestigious residents, and an ambiance of opulence, this town truly exemplifies the epitome of affluence.

Saddle River – Natural Beauty and Affluence Combine

Saddle River, nestled in the picturesque landscape of New Jersey, is not only known for its stunning natural beauty but also for its affluence. With an average household income of $323,843 and a median sales price of homes at $1,924,342, it ranks as one of the highest-income small municipalities in the United States. The town’s rich history of attracting notable residents, including former US Presidents and successful businessmen, contributes to its vibrant community and luxurious living environment.

In Saddle River, residents enjoy the best of both worlds – the tranquility of nature and the comfort of upscale living. The town is surrounded by lush forests, pristine lakes, and scenic trails, providing ample opportunities for outdoor recreation and relaxation. Saddle River’s commitment to preserving green spaces and maintaining a peaceful atmosphere adds to its appeal as a prosperous community that values the harmony between man and nature.

Despite its natural beauty, Saddle River is also renowned for its luxurious residences and exquisite architectural designs. The town is home to magnificent estates, showcasing grandeur and sophistication. From sprawling mansions to custom-built dream homes, Saddle River offers a wide range of opulent living options that cater to the discerning tastes of affluent individuals seeking a refined lifestyle.

With its idyllic setting, high standard of living, and thriving community, Saddle River continues to attract residents who seek both natural beauty and affluent neighborhoods. Whether it’s exploring the scenic landscapes or indulging in the luxury of upscale living, Saddle River offers a unique combination of prosperity and picturesque charm.

Notable Features of Saddle River:

Stunning natural landscapes, including forests, lakes, and trails.
Luxurious residences with magnificent estates and custom-built homes.
A rich history of attracting notable residents, including former US Presidents.
A vibrant community that values the harmonious blend of nature and affluence.

Discover Saddle River, where natural beauty and affluence combine to create a truly exceptional living experience.

Table: Comparison of Average Household Income and Median Home Sales Prices in Select Wealthy Towns in New Jersey

Town
Average Household Income
Median Sales Price of Homes

Saddle River
$323,843
$1,924,342

Essex Fells
$351,049
$1,211,365

Ho-Ho-Kus
$331,716
$1,071,760

Alpine
$318,616
$2,759,197

Short Hills – Prestige and Educational Excellence

Short Hills, located in Essex County, New Jersey, is an upscale town renowned for its prestige and commitment to educational excellence. With its tree-lined streets, beautiful homes, and proximity to New York City, it is a highly desirable community for affluent individuals seeking a sophisticated lifestyle.

The town of Short Hills boasts an average household income of $428,352 and a median sales price of homes at $1,908,308. These figures reflect the town’s affluent residents and the value they place on luxurious living. Short Hills is home to several exclusive neighborhoods, including the renowned Hartshorn section, known for its spacious estates and elegant architecture.

Top-ranked Schools

One of the main attractions of Short Hills is its exceptional school system. The town is served by the Millburn Township Public Schools, which consistently rank among the top school districts in New Jersey. Students in Short Hills receive a quality education and have access to a wide range of opportunities for academic and personal growth.

The commitment to education in Short Hills is reflected in the fact that 51% of residents hold advanced degrees. The town values intellectual curiosity and strives to provide its residents with the best educational resources and opportunities.

A Convenient Commute

Another advantage of living in Short Hills is its proximity to New York City. The town is located just 23 miles west of Manhattan, making it an ideal location for those who work in the city but prefer the tranquility of suburban living. Short Hills offers convenient transportation options, including a train station that provides direct access to Penn Station in less than 40 minutes.

In addition to its convenient location, Short Hills offers a wealth of amenities for residents to enjoy. The town is home to several shopping centers, including the upscale Mall at Short Hills, which features a wide range of high-end retailers and dining options.

Overall, Short Hills is a prestigious community that combines opulence with educational excellence. Its affluent neighborhoods, top-ranked schools, and convenient location make it a highly sought-after destination for those seeking a sophisticated lifestyle.

Whether you appreciate history, seek modern comforts, or value a close-knit community, Glen Ridge has something to offer. Its blend of old-world charm and modern amenities makes it a desirable place to live for those seeking an affluent and picturesque neighborhood in New Jersey.

Rumson – Coastal Opulence and Luxurious Living

Rumson, a picturesque beach town in New Jersey, offers magnificent waterfront mansions and a stunning coastal lifestyle. With an average household income of $239,188 and a median sales price of homes at $1,811,050, it ranks as one of the wealthiest beach towns in the state. The town’s high-speed ferry service provides a convenient commute for New Yorkers seeking a luxurious seaside escape. Rumson’s dedication to education, with 73% of residents having attained a Bachelor’s Degree or higher, reflects its commitment to intellectual growth and achievement.

Rumson’s opulence is evident in its abundance of waterfront properties, offering breathtaking views of the Atlantic Ocean and the Shrewsbury River. The town’s affluent residents enjoy a range of recreational activities, including boating, fishing, and dining at high-end restaurants. Additionally, Rumson’s proximity to the vibrant city life of New York City, combined with its peaceful coastal setting, make it an ideal destination for those seeking a perfect balance of luxury and tranquility.

The community of Rumson takes pride in its strong sense of community, hosting numerous social events and fundraisers. The town’s commitment to preserving its natural beauty is demonstrated by its well-maintained parks and public spaces, providing residents with opportunities for outdoor recreation and relaxation. With its prestigious schools and a wide range of amenities, Rumson offers a high standard of living that caters to the needs and desires of its affluent population.

Attractions and Amenities

Waterfront mansions with stunning ocean and river views
High-speed ferry service for convenient commuting to New York City
Abundance of recreational activities, such as boating and fishing
Luxurious dining options at high-end restaurants

“The beauty of Rumson extends far beyond its picturesque landscapes, as its community exudes a sense of exclusivity and pride. It is a place where residents can enjoy the best of coastal living, with access to world-class amenities and breathtaking views.” – Local Resident

Table: Rumson Demographics

Statistic
Value

Average Household Income
$239,188

Median Home Sales Price
$1,811,050

Percentage of Residents with a Bachelor’s Degree or Higher
73%

Popular Recreational Activities
Boating, fishing, waterfront dining

Fair Haven – Scenic Beauty and Upscale Living

Fair Haven, located in Monmouth County, New Jersey, offers a serene and upscale living environment. With an average household income of $286,183 and a median sales price of homes at $1,219,076, it stands out as one of the most desirable places to live in the state. The town’s picturesque neighborhoods, excellent schools, and strong sense of community make it a sought-after location for those seeking a high standard of living. Fair Haven’s charm lies in its scenic beauty and commitment to providing a peaceful suburban lifestyle.

Nestled along the banks of the Navesink River, Fair Haven boasts breathtaking views and a tranquil atmosphere. Residents can enjoy leisurely walks along the riverfront or relax in one of the town’s many parks. The town’s commitment to preserving its natural beauty is evident in the well-maintained green spaces and tree-lined streets.

In addition to its stunning surroundings, Fair Haven offers a range of upscale amenities. The town’s vibrant downtown area features an array of boutique shops, gourmet restaurants, and local businesses, providing residents with convenient access to everything they need. The community also hosts a variety of events and festivals throughout the year, fostering a strong sense of camaraderie and connection among its residents.

Fair Haven’s commitment to education is another aspect that sets it apart. The town boasts top-rated schools that provide students with a high-quality education and plenty of extracurricular activities. The emphasis on educational excellence is reflected in the achievements of its students and the strong support from the community.

Table: Median Sales Price Comparison in Upscale Towns

Town
Median Sales Price

Essex Fells
$1,211,365

Ho-Ho-Kus
$1,071,760

Alpine
$2,759,197

Saddle River
$1,924,342

Short Hills
$1,908,308

Glen Ridge
$980,788

Rumson
$1,811,050

Fair Haven
$1,219,076

Little Silver
$936,783

As indicated in the table above, Fair Haven’s median sales price falls within the range of other upscale towns in New Jersey. While Alpine boasts the highest median sales price, Fair Haven offers a more accessible option for those seeking a luxurious lifestyle without the ultra-high price tag. With its charming aesthetics, strong community spirit, and commitment to providing a high standard of living, Fair Haven continues to be a sought-after destination for those looking to settle in an affluent suburb in New Jersey.

Little Silver – Safety and Family-Friendly Environment

When it comes to affluent suburbs in New Jersey, Little Silver stands out as a charming and idyllic small town that offers a safe and family-friendly environment. With its average household income of $212,069 and a median sales price of homes at $936,783, this community ranks among the wealthiest neighborhoods in NJ.

One of the notable features of Little Silver is its high homeownership rate of 94%, indicating the residents’ pride in their homes and strong investment in the community. This dedication creates a sense of unity and fosters a tight-knit neighborhood where families can thrive and feel secure.

Located in close proximity to the beach, Little Silver provides residents with the opportunity to enjoy coastal living and all that it has to offer. The town’s convenient transportation options further enhance its appeal, making it an attractive location for individuals and families seeking a peaceful and affluent suburban lifestyle.

The post Wealthiest Towns in NJ – Explore Wealthiest Towns in New Jersey appeared first on Zac Johnson.