New Jersey is known for its expensive real estate, and these 12 wealthiest neighborhoods are no exception. From Short Hills to Saddle River, these are the places where the 1% live.
If you’re looking for the richest neighborhood in New Jersey, you’ll have no shortage of options. From the well-to-do suburbs of North Jersey to the moneyed enclaves of the Jersey Shore, there are plenty of places where the wealthy call home.
To help you narrow down your search, we’ve compiled a list of the 12 richest neighborhoods in New Jersey. From Short Hills to Saddle River, these are the places where the 1% live.
- Short Hills
This small town in Essex County is home to some of New Jersey’s wealthiest residents. The average household income in Short Hills is a whopping $526,000, and the median home value is $1.6 million. Not surprisingly, Short Hills was ranked as the 8th wealthiest ZIP code in the country by Bloomberg in 2016.
- Saddle River
Saddle River is another affluent town in Bergen County with a median home value of $1.5 million. This close-knit community is home to many executives and celebrities, including Yankees legend Derek Jeter.
- Rumson
This Monmouth County borough is one of the wealthiest communities in the state, with a median home value of $1.4 million. Rumson is a popular destination for New Yorkers looking for a more laid-back lifestyle by the Jersey Shore.
- Princeton
This world-renowned university town is also one of the wealthiest communities in New Jersey. Princeton has a median home value of $1.3 million and is home to many of the state’s top executives and professionals.
- Alpine
Alpine is a small borough in Bergen County with a population of just over 2,000. But don’t let its size fool you – this is one of the wealthiest communities in the state, with a median home value of $1.2 million.
- Rumson
This Monmouth County borough is one of the wealthiest communities in the state, with a median home value of $1.1 million. Rumson is a popular destination for New Yorkers looking for a more laid-back lifestyle by the Jersey Shore.
- Mendham
This Morris County borough is one of the wealthiest communities in New Jersey, with a median home value of $1 million. Mendham is a popular choice for families looking for a small-town feel with easy access to New York City.
- Gladstone
Gladstone is a small borough in Morris County with a median home value of $993,000. This close-knit community is home to many executives and professionals, making it one of the wealthiest communities in the state.
- Short Hills
This small town in Essex County is home to some of New Jersey’s wealthiest residents. The average household income in Short Hills is a whopping $526,000, and the median home value is $988,000. Not surprisingly, Short Hills was ranked as the 8th wealthiest ZIP code in the country by Bloomberg in 2016.
- Rumson
This Monmouth County borough is one of the wealthiest communities in the state, with a median home value of $983,000. Rumson is a popular destination for New Yorkers looking for a more laid-back lifestyle by the Jersey Shore.
- Saddle River
Saddle River is another affluent town in Bergen County with a median home value of $978,000. This close-knit community is home to many executives and celebrities, including Yankees legend Derek Jeter.
- Mendham
This Morris County borough is one of the wealthiest communities in New Jersey, with a median home value of $977,000. Mendham is a popular choice for families looking for a small-town feel with easy access to New York City.
