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

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

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.

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

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

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

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

PLACES TO VISIT

• Liberty State Park

• Adventure Aquarium

• Liberty Science Center

• Six Flags Great Adventure

• Turtle Back Zoo

• Steel Pier

PLACES TO VISIT

• Ellis Island

• Grounds for Sculpture

• Storybook Land

• Casino Pier

• Absecon Lighthouse

• Boardwalk Hall

LOOKING TO BUYING OR RENTING A HOUSE

Visit: donnellyrealestate.comOR

Call at: 732.899.0200