6 Reasons to Consider Investing in Land in New Jersey

6 Reasons to Consider Investing in Land in New Jersey

While the pandemic may have led to a mass exodus from metropolitan areas like Boston and the suburbs of Manhattan, areas like Connecticut and New Jersey also saw tons of people moving away from the cities. However, the Garden State houses six distinct regions that have a little bit of everything for everyone. Whether you’re relocating or looking to invest in property somewhere new, here are some reasons to consider New Jersey for your investment. read more...

Facts About New Jersey Land

At LandHub we have a large selection of land for sale in New Jersey. Check out the different types of land available including acreage, ranches, rural properties, hunting land, and more. Start looking in New Jersey for land for sale today with the help of LandHub. There are two New Jerseys - North Jersey and South Jersey. North Jersey is where there are mountains to play in, horse farms for celebrities to hide in (there are more millionaires living in New Jersey than any other state) and towns for Manhattan office workers to live in. South Jersey is where there are billions of pine trees, the flat cropland that makes this the Garden State, the most popular sandy beaches in America and towns for Philadelphia office workers to live in. Although North Jersey and South Jersey are connected by two of the most heavily congested roads in the country - the New Jersey Turnpike and the Garden State Parkway - the two regions don't have much to do with one another. One remains a satellite of New York City and the other a satellite of Philadelphia. It was in the 1850s that Jonathan Pitney, a prominent physician, and Richard Osborne, a Philadelphia engineer, got the idea that the salt air might be a health boon to the denizens of sooty Philadelphia. They launched the Camden-Atlantic City Railroad and ever since the Jersey Shore has been a hot real estate market. Today shore property turns over more than any place in the state but it is almost always either developed or protected. Much of south-central New Jersey is covered in more than one million acres of pine barrens. The bog ore in these timberlands supported America's iron industry during the American Revolution. Today most of America's blueberries are produced here. The Pinelands are dissected by more than 500 miles of unmapped sand roads and so remote - even in the country's most densely populated state - that there are still reported sightings of the legendary winged creature known as the “Jersey Devil.” The spine of the Appalachian Mountains slashes across northwestern New Jersey in the largely undeveloped region known as the Skylands. When fishermen need a break from the marlin and hard-fighting bluefish in the Atlantic Ocean they come here to pursue sunfish and brook trout, the state fish.

Frequently Asked Questions

New Jersey is a state situated on the coastline of the United States in the Mid-Atlantic region. Trenton is the capital of the state. Newark is the largest city in the state. Some other important cities in New Jersey are Jersey City, Princeton, Paterson, and Atlantic City. The state is a peninsula. New York, Pennsylvania, and Delaware are neighboring states. In terms of area, the state is the fourth smallest in the country. With a population of 9 million residents, the state is the most densely populated state in the country.

Some Facts about New Jersey:

  1. Thanks to its thriving economy, New Jersey is the second wealthiest state.
  2. The population density in the state is 13 times more than the average of all the states combined.
  3. The majority of the population resides in the urban areas thereby granting the state the title of the highest percentage of the urban population.
  4. The state has 21 counties, 52 cities, 15 towns, and 4 villages.
  5. The state has many claims to fame such as the capital of diners, the most diners in the entire world, and is also the car theft capital in the US.
  6. Elizabeth, New Jersey, has the largest seaport in the country. The state is also the leading producer of chemicals and one of the leading industrial states.
  7. The boardwalk in Atlantic City is the longest in the world. The state also boasts the tallest water tower.
  8. The state has a spoon museum which has around 5,400 kinds of spoons.
  9. There are more than 2,700 software and software-related companies operating in the state.
  10. Hoboken hosted the first baseball game.

Why Should One Buy a Property/House in New Jersey?

New Jersey is a beautiful state with beautiful people. The state has the cleanest and prettiest beaches in the country. The proximity from Philadelphia and New York make it an even more fun place to live. There are regular concerts, theatres, and organized sporting events in the state. The state is known to be friendly to cyclers. The natural beauty is also commendable with beautiful mountains and pine trees. The state has several historical sites and museums.

How is The Climate in New Jersey?

The climate in Southern New Jersey is humid subtropical. Whereas, North Jersey has a continental climate. The southern region is comparatively warmer than the northern region. The state experiences Nor'easters, usually between November to March. The Atlantic Ocean influences the state’s climate. Summers are usually humid and warm and the temperature goes up to 85 Degrees Fahrenheit. January is the coldest month with temperatures going down to the upper 30s. The state receives around 35 to 40 inches of rainfall. Snowfall is received from the months of November to April.

What is the cost of living in New Jersey?

The cost of living is calculated by taking the average cost of living in all the states of the country. This average is taken as the base. On the basis of this base, an index for each state is calculated. An index above 100 means the state is expensive than most states and an index below 100 indicates otherwise. The cost of living index of New Jersey is 120. This indicates that New Jersey is expensive when compared with other states.

How is the Real Estate Market in New Jersey?

The current average value of a house in New Jersey is $330,000. There has been a 2.2% increase from last year’s value. It is further expected that the value will further increase by 1.6%. The estate market is very hot in New Jersey. Many houses and land are available for sale in New Jersey. Therefore, it should not be a difficult task to get a land/house suitable for your needs.