Living in Little Silver borough, New Jersey, offers a suburban lifestyle with a strong sense of community, close proximity to urban amenities, and a family-friendly environment. However, prospective residents should weigh the advantages of good schools and low crime rates against higher property taxes and limited nightlife options.
Pros and Cons of Living in Little Silver Borough, NJ
Living in Little Silver provides a quaint suburban atmosphere complemented by a vibrant community spirit. Pros include a tight-knit population, where community events and local gatherings foster relationships among residents. The borough is known for its excellent public schools, evidenced by high student performance metrics, and enjoys a low crime rate, making it a safe place for families. On the downside, the property taxes in Little Silver are relatively high, reflecting the demand for real estate in the area. Additionally, nightlife options are limited, with fewer bars and entertainment venues compared to larger urban centers nearby.
Quality of Life and Cost of Living in Little Silver
The quality of life in Little Silver is notably high, marked by a median household income of approximately $126,000, which is significantly above the national average. However, the cost of living in Little Silver is about 25% higher than the national average, influenced largely by the competitive real estate market. Housing prices are a key factor, with the average home valued around $800,000, indicating a robust demand for single-family homes. This financial landscape appeals to families and professionals seeking a balance between suburban tranquility and accessibility to metropolitan opportunities.
History of the Area in Little Silver
Little Silver was established in 1887 and evolved from an agricultural hub into a bustling railroad town by the late 19th century. Its historical significance is captured in structures such as the Little Silver Train Station, built in 1895, which remains a vital part of the community today. The borough reflects its rich history through various preserved buildings and landmarks that tell the story of its development over the years, making it a charming place for history enthusiasts and residents alike.
Education and Employment in Little Silver
Education in Little Silver is primarily administered by the Little Silver School District, recognized for its high academic achievement rates. The district serves students from pre-K through eighth grade, with many advancing to top high schools in the region. In terms of employment, Little Silver boasts a low unemployment rate of approximately 3.5%. Many residents commute to nearby urban centers, including New York City, for work, benefiting from the borough’s convenient transportation options.
Recreation and Attractions in Little Silver
Residents of Little Silver enjoy a variety of recreational activities, including access to parks such as Little Silver Lake and nearby beaches along the Jersey Shore. The borough hosts numerous cultural events and community festivals throughout the year, promoting a strong sense of belonging and engagement among its residents. These activities contribute to a vibrant community life, making Little Silver an appealing place for families and individuals seeking an active lifestyle.
Real Estate and Transportation in Little Silver
The real estate market in Little Silver is competitive, with homes typically selling within 30 days of being listed. The borough’s desirable location results in high demand, particularly for single-family homes. Transportation options are abundant, as Little Silver is well-connected via NJ Transit rail services, providing residents with easy access to New York City and other regional hubs. This connectivity is a significant advantage for commuters, further enhancing Little Silver’s appeal.
In conclusion, Little Silver Borough, New Jersey, offers an attractive quality of life characterized by strong community ties, excellent educational opportunities, and recreational amenities. While the cost of living is higher than average and nightlife options are limited, the benefits of living in this charming borough make it a desirable choice for families and professionals alike.