A run-through on New Jersey’s real estate score
For the most part, New Jersey has a stable real estate market, except after the Great Recession. Composed of suburbs, New Jersey sits in the middle of cities part of the Union. People opt to stay in New Jersey for a more peaceful living compared to living in New York and Philadelphia. Steven Rindner Main Street Advisor . Image source: homes.com Image source: bmcestateplanning.com NJ is set to experience massive growth in the following years, and this is one great reason for investors to flock to the state. Even as one of the richest states, having median family and household incomes—the second highest in the U.S.—New Jersey is still on its way to keeping up with the average wages across the nation. This dip was a result of the Great Depression. Steven Rindner Main Street Advisor . The best cities in NJ The development of public transportation across New Jersey was encouraged by the continuous flow of residents from cities such as New York City and Philadelphia.