When you hear “richest town in New Jersey”, several towns come immediately to mind; places like Alpine, Princeton, Deal, and Colts Neck just to name a few, and that doesn’t include any of the wealthy enclaves in Bergen or Morris Counties.

I guess I should point out that the winner isn’t really a town at all; it’s an “unincorporated community and Census Designated place.” I’m not sure exactly what that means; is it a town, or is it a neighborhood? It’s located inside another town, Millburn, which may give away the answer to which town is the richest: Short Hills.

For this ranking, average household income was the barometer. Supposedly, the figure is $250,000, which I find almost laughably low (not that I wouldn’t turn down $250k).


Short Hills is a wealthy community with a high cost of living. The median home value in Short Hills is $1.2 million!

Forbes ranked Short Hills #2 richest town in New Jersey, behind Rockleigh, with Alpine, Saddle River, and Essex Fells.

ZIPdatamaps.com/Townsquare Media NJ
ZIPdatamaps.com/Townsquare Media NJ

Like Rockleigh, Short Hills is home to a large number of high net worth individuals; Peter Kellogg, the billionaire investor is one of them, which adds to its image as a place where rich people go to find success. Eighty-eight percent of the people who live in the neighborhood have Bachelor’s degrees or higher.

Short Hills is known for its luxurious homes, which sell for an average of $2,081,669 each. A significant 91% of the people who live there own their own houses. The town’s beauty comes from its winding roads and well-kept fields, which make for a peaceful and picturesque atmosphere.

LOOK: Here is the richest town in each state

Just saying the names of these towns immediately conjures up images of grand mansions, luxury cars, and ritzy restaurants. Read on to see which town in your home state took the title of the richest location and which place had the highest median income in the country. Who knows—your hometown might even be on this list.

Gallery Credit: Meagan Drillinger

Opinions expressed in the post above are those of New Jersey 101.5 talk show host Bill Doyle only.

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