New Jersey is home to some of the wealthiest cities in the country, and it is well-known for its varied landscapes and close proximity to large urban regions. These rich neighborhoods are distinguished by their high median family incomes, opulent homes, first-rate educational institutions, and exceptional standard of living. These cities are popular with accomplished professionals and their families, who come to enjoy the luxurious mansions of Alpine and the quaint, historic houses of Glen Ridge.
List of the Top 10 Richest Cities in New Jersey
- Rumson
- Millburn
- Rockleigh
- Ho-Ho-Kus
- Mantoloking
- Mendham township
- Alpine
- Saddle River
- Essex Fells
- Sea Girt
1. Rumson
One of New Jersey’s wealthiest cities, Rumson, is located far away in Monmouth County along the Jersey Shore. This little village draws wealthy families and professionals because of its gorgeous waterfront homes, quaint streets, and strong sense of community. Owing to the prosperous careers of its citizens in commerce, banking, and professional services, the municipality has one of the highest median household incomes in the state.
Based on the most recent Census statistics available, Rumson is the richest city in New Jersey, with an average household income of $424,834 as of 2022 and 7,178 residents as of 2023.
Beautiful real estate is one of Rumson’s best qualities. These homes provide unmatched luxury and seclusion, ranging from opulent historic palaces to contemporary waterfront estates. Thanks to the town’s close proximity to the Navesink River and the Atlantic Ocean, people may enjoy boating, fishing, and other outdoor activities in addition to stunning vistas.
Rumson’s top-notch public and private schools, which support the community’s dedication to excellence, are a major draw for visitors. The town’s family-friendly vibe is further reinforced by its well-kept parks, neighborhood gatherings, and sports initiatives.
The best of both worlds is available in Rumson: easy access to the vibrant cities of New York and Philadelphia and tranquil suburban living. The rich elite of New Jersey find Rumson to be a very desirable place to reside because of its combination of natural beauty, upmarket lifestyle, and close access to metropolitan areas.
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2. Millburn
The township of Millburn, which is in Essex County, New Jersey, is well-known for its wealth, elegance, and excellent standard of living. Millburn is frequently listed as one of the wealthiest communities in the state, and its image and economic standing are further enhanced by the affluent Short Hills area. Millburn’s average income is $403,086.
Because of their success in the legal, financial, medical, and technological fields, Millburn’s citizens have a median household income that is significantly higher than the national average. Because of its close proximity to New York City, the neighborhood is a great place for professionals to live if they want to live in a suburban setting with quick access to Manhattan’s business district.
A noteworthy feature of Millburn is its excellent educational offerings. Families that value academic achievement choose to send their children to the Millburn Township Public Schools because they are constantly rated among the finest in the state. In addition, the municipality is home to several respected private schools, which increases its allure for affluent families.
Elegant houses, from grand historic mansions to modern luxury villas, are what define Millburn real estate. Particularly, the Short Hills neighborhood is renowned for its vast estates and well-groomed homes.
With its renowned regional theater, the Paper Mill Playhouse, and other cultural attractions, Millburn offers a lively quality of life for its residents. A variety of fine dining attractions, boutique stores, and recreational spaces can be found in the downtown area, all of which add to the city’s elegant yet friendly vibe.
3. Rockleigh
Luxurious and affluent, Rockleigh is a small and elite borough located in Bergen County, New Jersey. Rockleigh is one of the wealthiest communities in the state despite having a tiny population, thanks to its expansive estates, serene surroundings, and tight-knit community. Rockleigh’s average income is $388,845.
The borough’s attraction is its remote, country character, which provides a peaceful haven within a short distance from New York City. Many of the vast houses and historic homes that characterize the real estate market in Rockleigh are situated on sizable parcels of land. Residents enjoy a lovely environment with lots of open space and streets lined with trees because of the borough’s dedication to maintaining its natural beauty and historical purity.
Several amenities are available to the inhabitants of Rockleigh, such as golf courses, country clubs, and equestrian centers in the vicinity. Due to its location, the borough has easy access to upscale eating options, shopping, and cultural activities in both New York City and other towns.
4. Ho-Ho-Kus
Ho-Ho-Kus is bounded by the Township of Washington, Waldwick, and Ridgewood and is divided in half by Route 17, a key thoroughfare that links New York City and northeastern New Jersey. Route 507 and the Garden State Parkway are both conveniently located. Ho-Ho-Kus’s average income is $387,818.
The Ho-Ho-Kus station, which is just one block from the Franklin Turnpike, makes it an easy journey by NJ Transit to New York City, which is just 20 miles away. It takes approximately one hour to go by rail from Secaucus to New York Penn Station or directly to Hoboken to connect to the PATH or Lower Manhattan ferry service.
The Short Line Bus stops at Franklin Avenue, Maple Avenue, Route 17, and Hollywood Avenue on its way to Port Authority in Midtown Manhattan. There is also a park-and-ride in Ridgewood that is close by. In peak travel times, the bus or vehicle ride takes 30 minutes to less than an hour.
There is a blend of Cape Cod and Colonial-style communities. The little community of Cheelcroft, named for architect Harold W. Cheel, who developed the residences during and after the Great Depression, has Tudor-style properties between Sheridan Avenue and Franklin Turnpike.
5. Mantoloking
Mantoloking is one of the wealthiest and most prosperous seaside municipalities in the state of New Jersey. It is situated in Ocean County. Rich families and those looking for an upscale lifestyle will find an ideal haven in Mantoloking, which is well-known for its immaculate beaches, opulent residences, and peaceful surroundings. Mantoloking’s average income is $377,855.
Mantoloking’s scenic natural surroundings are one of its most appealing features. The town’s residents may enjoy breathtaking views of Barnegat Bay and the Atlantic Ocean due to its location on the Barnegat Peninsula. The well-maintained beaches and verdant surroundings are part of the community’s strong emphasis on environmental preservation.
Residents of Mantoloking value education greatly and have access to prestigious institutions in neighboring towns. Families can anticipate a secure and encouraging atmosphere in this tiny, tightly linked neighborhood.
Residents of Mantoloking take pleasure in a variety of outdoor pursuits, such as catching fish, beachcombing, and sailing. In addition to offering special amenities and activities, the town’s private clubs and social groups promote a strong sense of community.
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6. Mendham Township
Mendham Township, one of the wealthiest neighborhoods in the state, is situated in Morris County, New Jersey. Recognized for its picturesque landscapes, historic charm, and superior standard of living, Mendham Township draws affluent professionals and families in search of an opulent yet serene way of life. Mendham’s average income is $371,996.
On March 29, 1749, the township was established by combining parts of Roxbury Township, Hanover Township, and Morris Township. The Township Act of 1798, passed by the New Jersey Legislature, created the township on February 21, 1798, following the Revolutionary War, making it one of the original 104 townships in the state. On January 1, 1806, portions of the township were removed to establish Randolph Township. When Mendham Borough was established on May 15, 1906, it became a separate municipality.
The area’s natural resources—forests, water, and minerals—attracted residents. By 1748, a gristmill, sawmills, and iron forges were situated in the Ralston region, along the North Branch of the Raritan River. Ralston lies northeast of India Brook. Brooks that formed the upper sections of the Whippany River on the eastern side of Mendham Township drew people to the valley known as Water Street or Waterville, subsequently renamed Brookside.
Mendham Township is one of the most wealthy and desired municipalities in New Jersey because of its unique combination of natural beauty, a luxury lifestyle, and top-notch education. Residents enjoy a distinctive and remarkable quality of life due to the area’s high median income, tasteful residences, and dedication to maintaining its rural beauty.
7. Alpine
Alpine is one of the richest and most exclusive neighborhoods in the country and is located in Bergen County, New Jersey. Alpine, which is renowned for its expansive estates, verdant surroundings, and famous inhabitants, is the pinnacle of opulent life. Alpine’s average income is $352,198.
The prosperous careers of its citizens in banking, entertainment, law, and other high-paying fields have contributed to Alpine’s median household income ranking among the highest in the country. Large homes, usually with gates and unmatched solitude and elegance, are what define the Alpine real estate market. With features like tennis courts, swimming pools, and large gardens, these houses are a paradise for anyone looking for a luxurious lifestyle in Alpine.
The fact that Alpine is close to New York City adds to its appeal, as it lets locals live a peaceful suburban existence only a short commute from the busy city. Because of this, it’s the perfect place for wealthy people who must go to the city for business or pleasure.
Alpine preserves a strong sense of community in spite of its exclusivity, with inhabitants frequently taking part in neighborhood events and activities. Numerous social and recreational activities are offered by the town’s parks, country clubs, and recreational facilities.
8. Saddle River
Saddle River is a town located in the American state of New Jersey’s Bergen County. It is situated a little over 25 miles northwest of Manhattan and is a suburb of New York City. Saddle River’s average income is $350,550.
The town’s minimum zoning restriction of 2 acres (0.81 ha) for homes contributes to its beautiful environment and reputation for natural fields, farms, horse farms, woodlands, and rivers. The borough is home to both more recent mansions and grand old residences and estates. Although it’s close to New York City, it provides a lot of large estates in a rural area.
The captivating appeal of the Saddle River goes beyond its magnificent residences. The town is dedicated to maintaining its rustic charm and unspoiled surroundings, and its many parks and green areas provide people with lots of chances for leisurely outdoor activities. For walking, running, and picnics in particular, Saddle River County Park is a popular destination.
Saddle River is one of the most sought-after and affluent neighborhoods in New Jersey because of its unique combination of luxury real estate, scenic surroundings, excellent schools, and a tranquil lifestyle. Residents enjoy an extraordinary quality of life because of the area’s high median income and upscale lifestyle.
9. Essex Fells
The exclusive and wealthy borough of Essex Fells is situated in Essex County, New Jersey, and is renowned for its refinement, exclusive use, and peaceful surroundings. One of the wealthiest neighborhoods in New Jersey, Essex Fells provides a remarkable standard of living distinguished by opulent residences, verdant surroundings, and a tight-knit community feel. Essex Fells average income is $343,062.
The territory that included what are now the towns of Caldwell, West Caldwell, North Caldwell, Fairfield, Verona, Cedar Grove, Essex Fells, Roseland, and parts of Livingston and West Orange was known as the Horseneck Tract.
Being home to many of the country’s most accomplished citizens, many of whom have high-profile roles in banking, business, and other lucrative fields, Essex Fells has a median family income significantly higher than the national average. Huge estates and magnificent residences, many with exquisite architectural styles and beautifully manicured grounds, characterize the Essex Fells real estate market.
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10. Sea Girt
The quaint and wealthy seaside hamlet of Sea Girt, in New Jersey’s Monmouth County, is well-known for its immaculate beaches, elegant residences, and cohesive neighborhood. One of the wealthiest neighborhoods in the state, Sea Girt provides a remarkable fusion of opulent living with a laid-back beach lifestyle. Sea Girt’s average income is $342,876.
Sea Girt’s stunning natural surroundings add to its charm. There is a well-maintained ancient lighthouse, a broad, sandy beach, and a picturesque promenade in the town. A variety of outdoor pursuits are popular among the locals, such as swimming, fishing, and beach strolling, all of which add to the laid-back vibe of the community.
Families in Sea Girt place a high value on education since their children may attend top-notch public schools and neighboring private universities with top-notch academic offerings. The town’s volunteer groups, social clubs, and local festivals all demonstrate its strong sense of community.
| Rank | City | Population | Average Income | Median Income |
| 1 | Rumson | 7,178 | $424,834 | $250,001 |
| 2 | Millburn | 21,859 | $403,086 | $250,001 |
| 3 | Rockleigh | 405 | $388,845 | $206,250 |
| 4 | Ho-Ho-Kus | 4,232 | $387,818 | $250,001 |
| 5 | Mantoloking | 332 | $377,855 | $240,417 |
| 6 | Mendham Township | 5,989 | $371,996 | $240,962 |
| 7 | Alpine | 1,750 | $352,198 | $228,194 |
| 8 | Saddle River | 3,368 | $350,550 | $228,750 |
| 9 | Essex Fells | 2,138 | $343,062 | $247,000 |
| 10 | Sea Girt | 1,841 | $342,876 | $218,438 |
Conclusion
There are several wealthy cities in New Jersey, each with a distinctive combination of lavishness, scenic beauty, and an excellent standard of living. These communities epitomize suburban prosperity, from the stately mansions of Alpine and the picturesque appeal of Short Hills to the tranquil seaside elegance of Sea Girt and the historic allure of Glen Ridge.
Rich real estate, high median family incomes, and first-rate educational possibilities draw in prosperous professionals and families looking for ease and comfort. Their appeal is further increased by their closeness to important cities like New York City. When taken as a whole, these neighborhoods highlight the rich and varied lifestyle choices found in the Garden State.
FAQs
Which New Jersey City Has the Highest Median Household Income?
Alpine is frequently cited as having one of New Jersey’s highest median household incomes. Its top ranking in terms of wealth is attributed to its rich population and opulent real estate.
What Distinguishing Qualities or Attributes Set These Affluent Cities Apart?
New Jersey’s wealthy communities are renowned for their opulent residences, top-notch educational institutions, and stunning scenery. Private clubs, excellent eating, upscale shopping, and leisure facilities are frequently included as attractions. Beautiful beaches may be found in coastal villages like Sea Girt, while upmarket shopping can be found in places like Short Hills.
How Does These Towns’ Prosperity Relate to Their Proximity to Large Cities?
The wealthiest cities in New Jersey tend to be those closest to big cities like New York City and Philadelphia. Residents may take advantage of high-paying occupations and a suburban lifestyle with ease because of easy access to these economic centers.
How Many Billionaires Are in New Jersey?
New Jersey is one of the richest cities in the US and it currently has 5 billionaires.
Who Is the Richest Family in New Jersey?
There are five billionaires from Channel Island in the Sunday Times Rich List for this year. Glenn Gordon of Jersey and his family, owners of William Grant & Sons, a spirits firm, are at the top of the local rankings. They have gained £1 billion in fortune over the last year, bringing their total value to almost £5.6 billion.
What Is the Largest Company in New Jersey?
Johnson & Johnson is the top publicly listed business in New Jersey. In 2024, the developer of consumer products, pharmaceuticals, and medical equipment brought in 82.58 billion dollars in income.
