Best places to retire in New Jersey
Written by:
April 10, 2021
realtor.com
Best places to retire in New Jersey
For many people, retirement is the reward after decades of working and raising a family. After all that anticipation, deciding where to spend that precious time can be a tough decision, so Stacker looked to data and rankings from Niche to compile a list of the best places to retire in New Jersey. Niche ranks places to retire based on a variety of factors including cost of living, health care, recreation, and weather. Listings and images are from realtor.com.
Many retirees seek out easy access to indoor and outdoor recreation, from walking trails and water access to museums and theaters. Many desirable retirement destinations also have good proximity to major cities, ripe with arts, culture, and health care resources. But those choice locations carry the key drawback of a high cost of living, often due to pricey housing costs, that will not suit retirees often on fixed incomes. Low crime rates make a difference, as well.
Keep reading to discover the best places to retire in New Jersey.
You may also like: People who retire comfortably avoid these financial advisor mistakes
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#25. Edgewater
- Population: 12,403
- Median home value: $600,600 (35% own)
- Median rent: $2,506 (65% rent)
- Median household income: $127,221
- Pictured: 15 Colony Rd, Edgewater ($1.9 million, 3 bedrooms)
- Median home value: $600,600 (35% own)
- Median rent: $2,506 (65% rent)
- Median household income: $127,221
- Pictured: 15 Colony Rd, Edgewater ($1.9 million, 3 bedrooms)
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#24. Paramus
- Population: 26,503
- Median home value: $600,200 (86% own)
- Median rent: $2,011 (14% rent)
- Median household income: $128,306
- Pictured: 372 Forest Ave, Paramus ($2.2 million, 6 bedrooms)
- Median home value: $600,200 (86% own)
- Median rent: $2,011 (14% rent)
- Median household income: $128,306
- Pictured: 372 Forest Ave, Paramus ($2.2 million, 6 bedrooms)
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#23. Ocean City
- Population: 11,132
- Median home value: $574,100 (71% own)
- Median rent: $1,264 (29% rent)
- Median household income: $81,076
- Pictured: 30 Bay Rd, Ocean City ($6.2 million, 7 bedrooms)
- Median home value: $574,100 (71% own)
- Median rent: $1,264 (29% rent)
- Median household income: $81,076
- Pictured: 30 Bay Rd, Ocean City ($6.2 million, 7 bedrooms)
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#22. Roseland
- Population: 5,834
- Median home value: $485,100 (77% own)
- Median rent: $2,579 (23% rent)
- Median household income: $129,006
- Pictured: 8 Meadow Ln, Roseland ($1.3 million, 6 bedrooms)
- Median home value: $485,100 (77% own)
- Median rent: $2,579 (23% rent)
- Median household income: $129,006
- Pictured: 8 Meadow Ln, Roseland ($1.3 million, 6 bedrooms)
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#21. Bedminster Township
- Population: 8,045
- Median home value: $383,700 (77% own)
- Median rent: $2,027 (23% rent)
- Median household income: $116,733
- Pictured: 100 W River Rd, Bedminster ($7.2 million, 3 bedrooms)
- Median home value: $383,700 (77% own)
- Median rent: $2,027 (23% rent)
- Median household income: $116,733
- Pictured: 100 W River Rd, Bedminster ($7.2 million, 3 bedrooms)
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#20. Ho-Ho-Kus
- Population: 4,094
- Median home value: $756,800 (92% own)
- Median rent: $2,453 (8% rent)
- Median household income: $216,875
- Pictured: 6 Saddle Ridge Rd, Ho Ho Kus ($3.7 million, 5 bedrooms)
- Median home value: $756,800 (92% own)
- Median rent: $2,453 (8% rent)
- Median household income: $216,875
- Pictured: 6 Saddle Ridge Rd, Ho Ho Kus ($3.7 million, 5 bedrooms)
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#19. Greentree
- Population: 11,262
- Median home value: $325,600 (86% own)
- Median rent: $2,004 (14% rent)
- Median household income: $137,346
- Pictured: 4 Collage Ct, Cherry Hill ($988,888, 6 bedrooms)
- Median home value: $325,600 (86% own)
- Median rent: $2,004 (14% rent)
- Median household income: $137,346
- Pictured: 4 Collage Ct, Cherry Hill ($988,888, 6 bedrooms)
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#18. Tinton Falls
- Population: 17,632
- Median home value: $354,300 (70% own)
- Median rent: $1,895 (30% rent)
- Median household income: $87,157
- Pictured: 1 Waltham Rd, Tinton Falls ($1.0 million, 5 bedrooms)
- Median home value: $354,300 (70% own)
- Median rent: $1,895 (30% rent)
- Median household income: $87,157
- Pictured: 1 Waltham Rd, Tinton Falls ($1.0 million, 5 bedrooms)
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#17. New Providence
- Population: 13,049
- Median home value: $607,100 (76% own)
- Median rent: $1,733 (24% rent)
- Median household income: $143,672
- Pictured: 102 Livingston Ave, New Providence ($1.3 million, 5 bedrooms)
- Median home value: $607,100 (76% own)
- Median rent: $1,733 (24% rent)
- Median household income: $143,672
- Pictured: 102 Livingston Ave, New Providence ($1.3 million, 5 bedrooms)
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#16. Bay Head
- Population: 1,048
- Median home value: $1,163,200 (83% own)
- Median rent: $1,807 (17% rent)
- Median household income: $103,571
- Pictured: 200 Main Ave, Bay Head ($3.0 million, 7 bedrooms)
- Median home value: $1,163,200 (83% own)
- Median rent: $1,807 (17% rent)
- Median household income: $103,571
- Pictured: 200 Main Ave, Bay Head ($3.0 million, 7 bedrooms)
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#15. Ship Bottom
- Population: 1,049
- Median home value: $659,300 (89% own)
- Median rent: $1,131 (11% rent)
- Median household income: $84,205
- Pictured: 304 W 10th St, Ship Bottom ($1.8 million, 5 bedrooms)
- Median home value: $659,300 (89% own)
- Median rent: $1,131 (11% rent)
- Median household income: $84,205
- Pictured: 304 W 10th St, Ship Bottom ($1.8 million, 5 bedrooms)
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#14. Margate City
- Population: 5,997
- Median home value: $483,700 (81% own)
- Median rent: $1,315 (19% rent)
- Median household income: $83,045
- Pictured: 116 S Lancaster Ave, Margate ($4.2 million, 4 bedrooms)
- Median home value: $483,700 (81% own)
- Median rent: $1,315 (19% rent)
- Median household income: $83,045
- Pictured: 116 S Lancaster Ave, Margate ($4.2 million, 4 bedrooms)
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#13. Berkeley Heights Township
- Population: 13,310
- Median home value: $617,500 (95% own)
- Median rent: $2,664 (5% rent)
- Median household income: $183,056
- Pictured: 84 Winchip Rd, Berkeley Heights Twp ($1.6 million, 6 bedrooms)
- Median home value: $617,500 (95% own)
- Median rent: $2,664 (5% rent)
- Median household income: $183,056
- Pictured: 84 Winchip Rd, Berkeley Heights Twp ($1.6 million, 6 bedrooms)
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#12. Avalon
- Population: 1,406
- Median home value: $1,192,600 (93% own)
- Median rent: $1,333 (7% rent)
- Median household income: $95,556
- Pictured: 5609 Dune Dr, Avalon ($22.9 million, 7 bedrooms)
- Median home value: $1,192,600 (93% own)
- Median rent: $1,333 (7% rent)
- Median household income: $95,556
- Pictured: 5609 Dune Dr, Avalon ($22.9 million, 7 bedrooms)
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#11. Weston
- Population: 1,783
- Median home value: $430,900 (96% own)
- Median rent: $2,641 (4% rent)
- Median household income: $67,326
- Pictured: 2206 Jockey Hollow Trl, Franklin Twp ($423,837, 2 bedrooms)
- Median home value: $430,900 (96% own)
- Median rent: $2,641 (4% rent)
- Median household income: $67,326
- Pictured: 2206 Jockey Hollow Trl, Franklin Twp ($423,837, 2 bedrooms)
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#10. Englewood Cliffs
- Population: 5,371
- Median home value: $997,100 (90% own)
- Median rent: $3,337 (10% rent)
- Median household income: $148,446
- Pictured: 19 Lynn Dr, Englewood Cliffs ($3.8 million, 6 bedrooms)
- Median home value: $997,100 (90% own)
- Median rent: $3,337 (10% rent)
- Median household income: $148,446
- Pictured: 19 Lynn Dr, Englewood Cliffs ($3.8 million, 6 bedrooms)
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#9. Beach Haven
- Population: 1,090
- Median home value: $760,100 (92% own)
- Median rent: $1,313 (8% rent)
- Median household income: $97,083
- Pictured: 202 W S Ave, Beach Haven ($2.5 million, 4 bedrooms)
- Median home value: $760,100 (92% own)
- Median rent: $1,313 (8% rent)
- Median household income: $97,083
- Pictured: 202 W S Ave, Beach Haven ($2.5 million, 4 bedrooms)
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#8. Delaware Township
- Population: 4,455
- Median home value: $498,100 (80% own)
- Median rent: $1,555 (20% rent)
- Median household income: $117,941
- Pictured: 55 Strimples Mill Rd, Delaware ($5.9 million, 9 bedrooms)
- Median home value: $498,100 (80% own)
- Median rent: $1,555 (20% rent)
- Median household income: $117,941
- Pictured: 55 Strimples Mill Rd, Delaware ($5.9 million, 9 bedrooms)
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#7. Fort Lee
- Population: 37,430
- Median home value: $324,600 (59% own)
- Median rent: $1,923 (41% rent)
- Median household income: $83,767
- Pictured: 1 Bridle Way, Fort Lee ($6.0 million, 7 bedrooms)
- Median home value: $324,600 (59% own)
- Median rent: $1,923 (41% rent)
- Median household income: $83,767
- Pictured: 1 Bridle Way, Fort Lee ($6.0 million, 7 bedrooms)
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#6. Avon-by-the-Sea
- Population: 1,789
- Median home value: $884,300 (67% own)
- Median rent: $1,484 (33% rent)
- Median household income: $92,813
- Pictured: 221 Norwood Ave, Avon By The Sea ($2.7 million, 7 bedrooms)
- Median home value: $884,300 (67% own)
- Median rent: $1,484 (33% rent)
- Median household income: $92,813
- Pictured: 221 Norwood Ave, Avon By The Sea ($2.7 million, 7 bedrooms)
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#5. Ellisburg
- Population: 4,254
- Median home value: $237,200 (56% own)
- Median rent: $1,185 (44% rent)
- Median household income: $79,655
- Pictured: 205 Deland Ave, Cherry Hill ($329,900, 4 bedrooms)
- Median home value: $237,200 (56% own)
- Median rent: $1,185 (44% rent)
- Median household income: $79,655
- Pictured: 205 Deland Ave, Cherry Hill ($329,900, 4 bedrooms)
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#4. Shrewsbury
- Population: 4,086
- Median home value: $589,400 (91% own)
- Median rent: $2,735 (9% rent)
- Median household income: $124,474
- Pictured: 37 Wakefield Ct, Shrewsbury ($1.4 million, 5 bedrooms)
- Median home value: $589,400 (91% own)
- Median rent: $2,735 (9% rent)
- Median household income: $124,474
- Pictured: 37 Wakefield Ct, Shrewsbury ($1.4 million, 5 bedrooms)
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#3. Sea Girt
- Population: 1,655
- Median home value: $1,585,400 (99% own)
- Median rent: $1,450 (1% rent)
- Median household income: $146,023
- Pictured: 903 Ocean Ave, Sea Girt ($12.0 million, 7 bedrooms)
- Median home value: $1,585,400 (99% own)
- Median rent: $1,450 (1% rent)
- Median household income: $146,023
- Pictured: 903 Ocean Ave, Sea Girt ($12.0 million, 7 bedrooms)
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#2. Washington Township
- Population: 9,237
- Median home value: $510,300 (94% own)
- Median rent: $2,221 (6% rent)
- Median household income: $140,391
- Pictured: 69 Salem Rd, Washington Township ($2.5 million, 5 bedrooms)
- Median home value: $510,300 (94% own)
- Median rent: $2,221 (6% rent)
- Median household income: $140,391
- Pictured: 69 Salem Rd, Washington Township ($2.5 million, 5 bedrooms)
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#1. Surf City
- Population: 1,271
- Median home value: $727,800 (86% own)
- Median rent: $1,358 (14% rent)
- Median household income: $90,313
- Pictured: 15 N Ocean Ave, Surf City ($4.2 million, 6 bedrooms)
- Median home value: $727,800 (86% own)
- Median rent: $1,358 (14% rent)
- Median household income: $90,313
- Pictured: 15 N Ocean Ave, Surf City ($4.2 million, 6 bedrooms)
