Where do the rich people live in NJ what are the wealthiest neighborhoods in NJ
If you’re talking serious money in New Jersey—the hedge-fund crowd, Wall Street executives, pro athletes, and CEOs—these five towns consistently sit at the top. I’m ranking them based on home values, household income, and reputation for wealth.
1. Alpine (Bergen County)
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This is the Beverly Hills of New Jersey.
- Median home values often $3M+
- Median household income around $250k+
- Ultra-private estates with huge lots
- Residents have included celebrities, hedge fund managers, and pro athletes
It sits right near the George Washington Bridge, making it perfect for wealthy NYC commuters.
2. Short Hills (Millburn Township – Essex County)
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Short Hills is old-money North Jersey.
- Median home prices $2M+
- Median household income around $250k+
- Top-ranked schools
- One of the most prestigious commuter towns to NYC
It’s regularly ranked the richest town in New Jersey with a large population.
3. Saddle River (Bergen County)
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This town is estate country.
- Huge properties (often 2–5 acres)
- Homes commonly $2M–$6M
- Many CEOs and professional athletes
You’ll find mega-mansions and gated compounds here. It’s one of the most exclusive Bergen County towns.
4. Rumson (Monmouth County – Jersey Shore)
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If rich people want waterfront and privacy, Rumson is the spot.
- Median home prices $2M+
- Located near the Navesink River and Jersey Shore
- Huge historic estates and waterfront mansions
A lot of finance executives and NYC wealth live here year-round.
5. Franklin Lakes (Bergen County)
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Franklin Lakes is where high-earning professionals and entrepreneurs land.
- Median home prices $1.5M–$3M
- Big homes on large wooded lots
- Known for privacy and luxury suburban living
It’s also been home to celebrities and professional athletes.
✅ Quick takeaway (North Jersey reality):
The real wealth clusters in two areas:
- Bergen County – Alpine, Saddle River, Franklin Lakes
- Essex County – Short Hills
- Monmouth County (Shore money) – Rumson
That’s where the private jets, hedge funds, and $5M homes are.