Pros and Cons of Living in River Edge Borough, New Jersey
Living in River Edge, NJ, presents a balanced selection of advantages and disadvantages. On the positive side, the borough boasts a tight-knit community, exceptional public schools, and efficient public transportation, including NJ Transit trains that facilitate a quick commute to New York City. On the downside, residents face higher property taxes, averaging around 2.5%, and a limited nightlife scene, which may not cater to those seeking vibrant evening entertainment options.
Quality of Life and Cost of Living in River Edge
The quality of life in River Edge is commendably high, underscored by a median household income of approximately $110,000. However, prospective residents should be aware that the cost of living is about 20% higher than the national average, primarily due to elevated housing prices. With a median home price around $500,000, it is crucial for those considering a move to weigh their financial capacity against these costs to ensure a sustainable lifestyle in the borough.
History of the Area: River Edge Borough
River Edge’s history dates back to its founding in 1894 as a railroad town, originally part of the Hackensack area. The borough’s historical significance is reflected in its preserved architecture and community events that celebrate its heritage, such as the annual River Edge Day. These events foster a sense of pride and connection among residents while highlighting the borough’s evolution from a transportation hub to a suburban community.
Education and Employment Opportunities in River Edge
The educational landscape in River Edge is robust, with the River Edge School District recognized for its strong academic performance, culminating in students attending New Milford High School for their secondary education. Employment opportunities are plentiful, particularly as many residents commute to New York City for work. Here, the average salary across various professions is about $70,000, making the borough an attractive location for families seeking both education and employment stability.
Recreation and Attractions in River Edge
Residents of River Edge benefit from access to multiple parks, including the expansive 9-acre Veteran’s Park, which serves as a hub for family activities and outdoor recreation. The borough hosts numerous community events, such as farmers markets and cultural festivals, throughout the year, fostering local engagement and enhancing the suburban lifestyle. These activities are integral to building community spirit and providing residents with entertaining and enriching experiences.
Real Estate and Transportation in River Edge Borough
The real estate market in River Edge is competitive, featuring a diverse array of single-family homes and townhouses that cater to varying preferences. Transportation is a significant advantage, with NJ Transit providing reliable train service to New York City in approximately 30 minutes. This accessibility makes River Edge an appealing choice for commuters, combining suburban living with the convenience of urban employment opportunities.
In conclusion, River Edge Borough, New Jersey, presents a compelling option for those seeking a suburban lifestyle with a strong community, quality education, and convenient access to New York City. While it comes with its challenges, such as higher costs of living and limited nightlife, the overall quality of life and recreational opportunities make it a noteworthy place to call home.