Hoboken Ranked in the Top 10 Places to Live in New Jersey

Movoto.com, a real estate blog that reports on stellar towns throughout the state, has named Hoboken the 9th best place to live in the state of New Jersey.

The Mile Square City owes its high score to its impressive home values and high median household income. According to the report, Hoboken residents make an average of $101,782 a year - 34 percent more than New Jersey residents across the state. Home values are also 48 percent higher than the state’s average.

“Hoboken is a great place to live, work, learn, and visit, and we’re honored to be voted the best downtown in Northern New Jersey,” said Mayor Dawn Zimmer told Patch when the city was named the best downtown in New Jersey earlier this month. “We thank everyone who voted for Hoboken and invite visitors to shop, dine, stroll our parks, explore our preserved historic architecture, and see why our vibrant community is the fastest growing city in the state.”

The popular blog utilized several criteria to determine to the top ten. These include ameneties per person and per town. Movoto.com chose to count the number of pizza places, bagel shops, and diners - the three types of amenities that in the blog’s opinion, represent New Jersey.

Other measurements include cost of living, crime, the population’s average education level, median income, and whether or not the home value was above or below state average. The blog ranked a total of 50 cities across the state.

To view the top 10 and to check out the complete list on Movoto.com, click here.