Cresskill Borough, New Jersey, offers a unique suburban lifestyle characterized by strong community ties, excellent schools, and a relatively high cost of living. With a population of approximately 8,000 residents, it combines residential tranquility with accessibility to urban centers, making it an appealing choice for families and professionals alike.
Pros and Cons of Living in Cresskill Borough, NJ
Living in Cresskill presents numerous advantages, including a family-friendly environment, low crime rates, and a tight-knit community. The borough is particularly known for its highly-rated Cresskill School District, which outperforms many state averages, making it a desirable location for families with children. However, potential residents must also consider the downsides, such as a cost of living that is about 30% higher than the national average. Additionally, public transportation options are limited, which can be a drawback for those who prefer commuting via train.
Quality of Life and Cost of Living in Cresskill Borough
Cresskill boasts a commendable quality of life, with a median household income of approximately $115,000, reflecting the community’s affluence. The median home price stands around $720,000, indicative of the premium living conditions available. The cost of living index is about 138, which underscores the relatively high expenses associated with housing, groceries, and services. While residents enjoy a well-maintained environment with parks and dining options, they should be prepared to budget accordingly to maintain their lifestyle.
History of Cresskill Borough, NJ
Established in 1894, Cresskill has a rich historical background that began as a farming community. The arrival of the railroad in the early 20th century spurred its growth, connecting residents to New York City and facilitating suburban expansion. The borough is dotted with historic homes and sites that echo its origins, contributing to its charm and sense of community identity. This historical context offers residents a glimpse into a bygone era while fostering pride in their local heritage.
Education and Employment Opportunities in Cresskill
Cresskill is served by the highly regarded Cresskill School District, where schools consistently rank above state averages, attracting families prioritizing quality education. Employment opportunities in the surrounding area are robust, with a low unemployment rate of around 2.9%. Many residents find work in nearby New York City, which stands as a hub for industries such as finance, healthcare, and education, providing ample commuting options for professionals.
Recreation and Attractions in Cresskill Borough
Residents of Cresskill enjoy a variety of recreational options that enhance community engagement. The borough is home to several parks, including Cresskill Park, which provides spaces for outdoor activities and relaxation. Additionally, the local golf course is a popular destination for leisure and sport. Community events, such as farmers’ markets and seasonal festivals, foster a vibrant social atmosphere, making Cresskill a family-friendly environment.
Real Estate and Transportation in Cresskill, NJ
Real estate in Cresskill primarily consists of single-family homes, with a low vacancy rate of only 2%, reflecting the area’s desirability. For transportation, residents rely on NJ Transit bus services for commuting, although the absence of a train station may limit options for some. However, Cresskill is conveniently located near major highways, making travel to New York City and other surrounding areas relatively easy for commuters.
In conclusion, Cresskill Borough, NJ, offers an appealing suburban lifestyle with a strong community focus, excellent educational opportunities, and access to urban amenities. While the cost of living may be high and public transportation options somewhat limited, the quality of life, recreational amenities, and rich history make it a desirable place for families and professionals looking to reside in New Jersey.