Bridgewater Ranked the 'Top Booming Suburb' in New Jersey

Bridgewater was ranked as the "Top Booming Suburb" in New Jersey in a new survey conducted by Coldwell Banker.

To be a "booming suburb," the real estate agency worked with Onboard Infomatics to take into account home ownership percentage, job availability, gas affordability, safety factors, cultural and outdoor activities, median disposable income and more.

Bridgewater came in on top for the whole state, with Bernards and Hillsborough ranked second and third respectively, rounding out the top-3 with all Somerset County towns. Other towns in the top 10 include Randolph, Roxbury, Rockaway, Mount Olive, Fort Lee and Mahwah.

The "Top Booming Suburbs" survey is part of the larger "Best Places to Live" survey, which includes more than 1,500 communities in the country.

"Bridgewater has a population of 44,575 and has shown 3.8 percent growth since 2000," according to published survey results.

The data shows that of the 16,213 households in Bridgewater, approximately 83.5 percent are owned, 13.5 percent are rented and another 3 percent are unoccupied. About 44 percent of homes in Bridgewater have been occupied by the same resident for at least 5 years and the median home age is 24 years.

"Somerset County offers a desirable mix of quality suburban life and ease of commute to places of business across the tri-state area," said Hal Maxwell, president of Coldwell Banker Residential Brokerage in New Jersey and Rockland County, NY. “We see a consistent influx of buyers looking to establish a home and lifestyle in Somerset County communities.”

The full list of "Best Places to Live" and more survey results are available on the agency's website.