Why Rent in New Jersey?
New Jersey is one of the smallest and most densely populated states in the US. It ranks fourty-seven for size, and ranks number one for the highest density of people living in state! New Jersey shares borders with New York, Delaware and Pennsylvania. It also has a long coast line which is shared by Long Island.
New Jersey has the second highest home income in the US, next to Maryland. This state is also home to many booming industries including pharmaceuticals, chemical advance, electric equipment, and tourism. Though New Jersey residents don't seem to be suffering from low income, they do have one of the highest deficits and tax burdens in the country. New Jersey remains a liberal state, offering same-sex marriage licenses, and has strict gun laws.
Some of the most popular cities that homebuyers flock to are Newark, Jersey City, and Paterson. The wealthiest is Mantoloking and Saddle River. New Jersey remains a US favorite for home rentals and real estate purchases.