With the rise of commuter rail in New York and New Jersey, many professionals can now live farther away from the big city. One place they are moving to is a group of historic small towns 20 miles to the west in Morris County, New Jersey. Since the area has been inhabited for more than 300 years, it has a well-established, attractive residential base and good investment potential. Morris County has more than 30 cities and towns, as well as many charming areas that are not part of any city or town. Beautifully restored Victorian and Colonial buildings from the early 20th century are often used as homes here. This adds to the already high quality of life in this beautiful area.
People from big cities also know Morris County for its many headquarters, offices, and major facilities for Fortune 500 companies. AT&T, Honeywell, Bayer and Wyeth, BASF, Novartis, Exxon, and Colgate-Palmolive all have operations here. This is good news for people who don't want to drive to their corporate office jobs every day. Many professionals who move to Morris County find jobs there, so they only have to go to New York or New Jersey on the weekends.
Morris County is also popular because it is not too crowded. Less than 500,000 people live in the county, which is made up of more than 1,247 km and dozens of towns. This is in contrast to the urban sprawl to the east, where there are millions of people per square mile. Morris County is popular with wealthy buyers because it has a low population density. It is the sixth richest county in the country by median household income and the tenth richest by per capita income.
Rich people who like old-world charm are one reason why many of the older homes in Morris County have been kept in good shape. Old mansions have also been turned into museums, art studios, and schools, among other things. When people come to Morris County, they make sure to see historic buildings like Morristown's Acorn Hall, which was built in 1853.
