10 Wealthiest Neighborhoods in the United States
7) Essex Fells Borough, NJ
Essex Fells Borough is unique in the fact that it is nearly entirely residential with the exception of a couple of three-story office spaces. This is due to an ordinance passed by the Borough in 1928. For residents of this wealthy community with a population of 2,100, this keeps the community small and quiet. With a median household income of $171,681, nearly 40% of the borough can also claim incomes over $200,000 and average home values are around $820,000.
Most of the community’s wealth is due in part to the proximity to urban areas, as well as athletes, business leaders, and media personalities who have settled in the area. However, interestingly enough, one of Essex Fells’ most well-known past residents, Johnny Sylvester, isn’t known for his wealth as much as Babe Ruth’s famous promise to hit a home run for him in the 1926 World Series. 
