The Top 1%: Where the Rich and Famous Live in New Jersey

Weichert Realtors
July 24, 2014

The top 10 wealthiest cities in the great state of NJ.

  1. Rumson, average household income: $140,555 / year

    Nestled on the Navesink River near the coast, legend has it that the Rumson name comes from early settlers who bought the land from the Native Americans in exchange for rum. This borough's population of some 7,000 plus residents includes music legends Jon Bon Jovi, Richie Sambora, Queen Latifah, Bruce Springsteen, and was once the home of composer Sergei Rachmaninoff.

  2. Ridgewood @ $146,633

    This Northern NJ village features a vibrant downtown and quick access to NYC by rail or bus. It is the former hometown of Mickey Mantle and many other Bronx bombers. Hip-hop star MC Paul Barman and indie rock band Real Estate are among many other talented artists that hail from Ridgewood.

  3. Millburn / Short Hills @ $148,505

    Home of NJ's most famous shopping destination - the Mall at Short Hills - is the only place in the state where you can buy a Chanel bag and a Tesla under one roof. The Paper Mill Playhouse is also located here. Actress Anne Hathaway hails from Millburn and millionaire matchmaker Patti Stanger is from Short Hills.

  4. Glen Ridge @ $148,718

    This tiny town bordering Montclair in the sprawling hills of Essex County offers easy access to Newark and New York City. It is the birthplace of Tom Cruise, who graduated from Glen Ridge High School. This community is also home to astronaut Buzz Aldrin, and WWF's Rodney RodRageous.

  5. Mountain Lakes @ $151,680

    A collection of private man-made lakes serves as an excellent backdrop to any infinity edge pool. It is known for being one of the oldest communities in the country to be part of the late 19th-century Europe arts and crafts movement. Actress Judy Prescott grew up here.

  6. Ho-Ho-Kus @ $153,675

    This northern Jersey town with the camel-case name and multiple dashes always elicits a chuckle. Even Sesame Street's Uncle Gus poked fun by putting a hippopotamus and a snuffleupagus on a bus to Ho-Ho-Kus. Located just north of the shopping mall capital of the world, Paramus, former New York Giants head coaches Dan Reeves and Jim Fassel both have called Ho-Ho-Kus home.

  7. Little Silver @ $154,597

    Little Silver's got a lot of gold with the average household raking in over $150,000 per year. This Jersey shore town was home to former olympic gold medalist ice dancer Harold Hartshorne.

  8. Essex Fells @ $163,180

    This tiny Essex County borough has just north of 2,000 people. It has no apartment buildings, condos, office buildings or traffic lights. The only units available for rental are in carriage houses and other ancillary structures. Father of the modern day air conditioner Willis Carrier lived here. Babe Ruth once promised an ailing boy in Essex Fells named Johnny Sylvester that he would knock a homer for him during Game 4. That promise became a legend and a documentary.

  9. Alpine @ $169,947

    This Bergen County suburb off the Palisades has a median home price of just $3,814,885. Within the township is Devil's Tower - a stone clock tower built by an 19th century sugar baron, which legend holds is haunted. Current and former Alpine residents include Sean “Puffy”Combs, Jay-Z, Patrick Ewing, Eddie Murphy, Chris Rock, Tracy Morgan (get well soon), Joe Piscopo, Britney Spears, Wesley Snipes and Stevie Wonder.

  10. Upper Saddle River @ $171,410

    This north Jersey town recently lost its most beloved citizen - inventor Vincent Lamberti. He made the world a cleaner place as the father of Dove Soap, Wisk, All and Aim. Other notable residents both past and current include: Danny Aiello, Mary J. Blige, Mary Higgins Clark, Wyclef Jean, Jason Kidd, Ja Rule, Richard Nixon, Russell Simmons and Ben Vereen.

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