New Jersey is the 4th smallest state in the US, but is also the most densely populated. Thanks to the Garden State Parkway which connects several major cities along the 95 corridor, residents of the state benefit from their proximity to economic centers and diverse economies. In addition to urban areas, New Jersey also offers stunning outdoor vistas, and is a major tourist center with locations like Jersey Shore and Atlantic City.
Welcome to the Garden State
There are 8.9 million residents living in New Jersey, and the median income is 71,180 the 2nd highest in the nation. New Jersey is an industrial center with major contributions in the pharmaceutical industry, telecommunications, and food processing. New Jersey is also the 2nd largest producer of blueberries in the US. New Jersey has the second highest percentage of millionaires of any state, and is home to 9 of the 100 wealthiest counties in the US including Somerset, Morris, and Hunterdon. 40.3 billion dollars a year in New Jersey comes from tourism to resorts and beachfront locations including Atlantic City which has the first and longest boardwalk in the world.
Atlantic City Boardwalk, NJ via FodorsHousing Market in the New Jersey
According to Zillow, the the median home for sale in New Jersey goes for $279,500, which is affected by some disenfranchised urban areas in the state. The highest median home value of $315,200 is in Edison, and the most affordable, at $80,000 is in Trenton.
New Jersey spent more per public school student than any other state besides New York in 2014. Many high schools in the state hold records for the highest SAT scores in the nation. For upper education, Princeton University, one of the most well known and well respected institutions, was ranked top US University by the US News and World Report. Rutgers University, also located in New Jersey, is notable for being a prestigious school.
Despite concerns with higher than average crime in some areas, particularly in Camden and Trenton, New Jersey has a median crime rate of 2.88 violent crimes which is lower than the national average of 3.8 according to NeighborhoodScout. Property crimes are also below average at 18.83 compared to 27.3 nationally.
Pine Barrens, NJ Via The Sanguine RootCulture and Entertainment
New Jersey has a culture that is based around recreation. The state is home to many expansive national park systems including the Appalachian Trail and the largely untouched wilderness of the Pine Barrens. New Jersey is also home to Six Flags Great Adventure, one of the world’s largest amusement parks. New Jerseyans enjoy access to the latest and greatest music and events thanks to its close proximity to the East Coast’s major cities, and is also home to major sports franchises including the NY Giants and Jets. Households looking to Rent to Own in New Jersey are greeting by a strong economy, a stellar education system, and access to unencumbered fun and relaxation.