Shrewsbury Borough, New Jersey, is a desirable suburban community known for its excellent schools, low crime rate, and strong sense of community. However, potential residents should consider the high property taxes and limited public transportation options before relocating.
Pros and Cons of Living in Shrewsbury Borough, NJ
Shrewsbury Borough is characterized by its low crime rate of just 1.3 incidents per 1,000 residents, making it a safe place for families. The community is tight-knit, fostering strong relationships among residents. Additionally, the borough boasts highly regarded schools that contribute to its appeal. On the downside, the average property tax rate is around $10,500, which can be a burden for some homeowners. Furthermore, public transportation options are limited, with few local services, making a car necessary for most residents.
Quality of Life and Cost of Living in Shrewsbury Borough
Residents of Shrewsbury enjoy a high quality of life, reflected in a livability score of 80 out of 100. The average household income is approximately $130,000, allowing for a comfortable lifestyle. However, the cost of living is about 38% higher than the national average, primarily due to the housing market, where the median home price is approximately $600,000. This combination of high income and high living costs may be a critical factor for prospective buyers and renters.
History of Shrewsbury Borough, NJ
Shrewsbury’s origins date back to 1665, establishing it as one of the early settlements in New Jersey. Once part of Shrewsbury Township, it was officially incorporated as a borough in 1926. The area is rich in history, with significant sites like the Old Stone Church, which dates back to the 18th century, and the Shrewsbury Historical Society, which works to preserve the local heritage. This historical context contributes to the borough’s character and charm, attracting history enthusiasts and families alike.
Education and Employment Opportunities in Shrewsbury
The educational landscape in Shrewsbury is notable, particularly with Shrewsbury Elementary School earning a commendable GreatSchools rating of 9 out of 10. This commitment to quality education draws families to the area. Employment opportunities are bolstered by the borough’s proximity to larger job markets in neighboring towns and cities. With an unemployment rate of 3.5%, below the national average of 6.0%, residents benefit from a stable local economy and access to a variety of career options.
Recreation and Attractions in Shrewsbury Borough
Shrewsbury residents have access to an array of recreational activities, including well-maintained parks such as Shrewsbury Community Park and Riverdale Park. The borough hosts various cultural events throughout the year, fostering community engagement. Furthermore, the nearby Red Bank RiverCenter and the Count Basie Center for the Arts provide ample opportunities for entertainment and the arts, enhancing the quality of life and offering residents a vibrant community life.
Real Estate and Transportation in Shrewsbury Borough
The real estate market in Shrewsbury Borough is competitive, with an average listing price of around $650,000. This high demand reflects the area’s desirability. While public transportation is somewhat limited, NJ Transit bus services operate within the borough, and nearby train stations in Red Bank and Little Silver offer convenient connections to New York City, making it feasible for commuters to access larger urban centers.
In conclusion, Shrewsbury Borough, NJ, presents a unique blend of suburban living with strong community ties and reputable schools, but potential residents should weigh the higher costs of living and transportation limitations against the many benefits the area offers. Overall, it remains an attractive option for families and individuals seeking a peaceful yet connected lifestyle.