Download - New Jersey: Your Dream Home Destination
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INTERESTING FACTS ABOUT NJ
• It has the highest population density in the country
• It is a major industrial center and tourist destination
• It is famous for its production of chemicals and pharmaceutical products
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REASONS TO MOVE
Here are a few factors that make New Jersey a wonderful state to live in:
• Good employment opportunities
• Low cost of living
• Proximity to major cities like New York and Philadelphia
• Incredibly scenic with acres of farms throughout the state
• Perfect place for bringing up kids
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GROWING JOB RATE
The job market is attractive in NJ:
• The labor-participation rate is 64.2%,higher than the national average of 62.7%
• 20,000 jobs were created in June 2016
• 70,000 new jobs were generated between June 2015 and June 2016
• Leader in electronic equipment and chemical industry.
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LOW COST OF LIVING
Compared to cities like NYC and Philly, NJ is an incredibly cheap destination.
• The rent and property rates are much lower
• Gas is less expensive than New York
• Public transportation is easily available and accessible
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LOW TAX RATES
• New Jersey's income tax rate is 3.71% on average, as compared to 5.66% on average in New York
• NYC residents also have to pay 3% NYC tax, which is not applicable for NJ residents
• Retail tax in NJ is only 7%
• The designated 'enterprise zones' have as low as 3.5% retail tax
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CONNECTIVITY
New Jersey forms an important transport corridor with New York and Philadelphia and thus has amazing connectivity.
• Path trains can be used to travel to Midtown or Manhattan
• Ferries run across the Hudson
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THINGS TO OFFER FOR KIDS
• NJ has a number of reputed schools and universities
• Kids get to experience all four seasons
• They get to grow up in a culturally diverse community
• NJ hosts many summer camps
• The state offers various community service opportunities
• NJ has excellent healthcare facilities
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PLACES TO VISIT
• Liberty State Park
• Adventure Aquarium
• Liberty Science Center
• Six Flags Great Adventure
• Turtle Back Zoo
• Steel Pier
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PLACES TO VISIT
• Ellis Island
• Grounds for Sculpture
• Storybook Land
• Casino Pier
• Absecon Lighthouse
• Boardwalk Hall
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LOOKING TO BUYING OR RENTING A HOUSE
Visit: donnellyrealestate.comOR
Call at: 732.899.0200