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Local Economy
Welcome > Local Info > Economy ...

Central New Jersey’s Economy

Part of the reason so many people choose to move to New Jersey is it’s proximity to the business centers of New York and Philadelphia. However, New Jersey has become an industry center of it’s own with several Pharmaceutical companies being headquartered in New Jersey. Thanks to New Jersey’s high percentage of college-educated workers, industries that require a high level of education such as Biomedical Research and Financial Services choose to employ the people of Central New Jersey. Many companies are close to Bridgewater and Hillsborough, contributing to the growing populations of these towns as these companies have grown.

-49 Companies have over 1,000 employees in New Jersey

-24 Fortune 500 Companies are Headquartered in New Jersey

-5 of the Top 100 Companies in America are Headquartered in New Jersey

-Out of New Jersey’s top 50 employers, 9 are Pharmaceutical Companies and another 17 are in industries that demand a skilled labor force – Financials, Insurance and Medical Research.

-Somerset County’s average household income is $98,000 and Hunterdon county’s is $100,000 – the 4th and 5th highest in the nation

-Somerset County’s average per person income is $61,000 and Hunterdon county’s is $61,00 – the 10th and 11th highest in the nation

-In 2003, Hillsborough ranked as the 23rd “Best Place To Live” in the US


Somerset
/ Hunterdon County’s Top 10 Employers

Company

Location

NJ Employees (Approx)

Johnson & Johnson (Company HQ)

Bridgewater / New Brunswick

24,000

AT&T Communications (Company HQ)

Bedminster

20,000

Verizon Communications

Bridgewater / Newark

17,500

Merck-Schering  (Company HQ)

Whitehouse Station, NJ

16,000

Merrill Lynch

Princeton / Bridgewater

10,700

Sanofil-Aventis

Bridgewater

10,000

Bristol-Myers Squibb

Princeton

6,000

Chubb Corp.

Whitehouse / Bridgewater

5,000

Novartis

East Hanover

5,000

Hoffman-Roche

Bridgewater / Raritan

4,500

 

Request our Free Bridgewater, Hillsborough, Flemington and Raritan Township Relocation Package. It's packed full of useful and important information about the Bridgewater, Hillsborough, Flemington and Raritan Township, New Jersey area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out... 

Want the inside scoop on the local economy? It's our job to know! Ask us any question. Or request our FREE Bridgewater, Hillsborough, Flemington and Raritan Township relocation package. We promise to get back to you quickly... 

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School Reports in Bridgewater, Hillsborough, Bedminster and Basking Ridge, New Jersey
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New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.
  Schools in Bridgewater, Hillsborough, Bedminster and Basking Ridge 



Real Estate Tips
Pricing >Multiple Listing Service

When you list your house with a real estate agent who participates in the Multiple Listing Service (MLS), you get a lot of service for your money. Depending upon the MLS region, there may be hundreds of participating members.

The real estate agent who lists your home works to get it sold. This is done by marketing directly to home buyers, but an even more powerful tool is marketing your home to other agents who have buyers. Your real estate agent makes all the crucial information about your home available to the other members through the MLS. Information such as your home's location, size, the number of rooms, the style of architecture, what personal property is included, and any other special features is posted. The MLS description will also contain information about any special financing that might be available, showing instructions, and special needs you may have with respect to closing. The MLS is a powerful tool for real estate matchmakers.

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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Lighting the World", weighs 54.31 million pounds.
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The Jannone Team, REALTOR®, real estate agent and broker for Bridgewater, Hillsborough, Bedminster and Basking Ridge, New Jersey home listings, property and land for sale - NUMBER1EXPERT

The Jannone Team
Prudential New Jersey Properties

1996 Washington Valley Rd
Martinsville, NJ 08836
Office: 732-469-7470
Fax: 732-271-8940
brianjannone@NUMBER1EXPERT.com

Licensed since 1986, Brian Jannone is a successful Broker/Sales Associate with in depth experience in relocation, real estate sales, marketing, and client relations. In 1993, Brian started the "team" so he could better serve his clients. One of Prudential Real Estate Network’s annual top associates, Jannone has again received the Platinum Level membership in the NJAR Circle of Excellence. He is also a Prudential Chairman’s Circle member at the Platinum level, a recognition that only two percent of sales associates in Prudential’s international network achieves. Their exceptional service attitude has made them the number one team of their company.

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