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Economy: Bridgewater, Basking Ridge and Somerset County New Jersey home buying, real estate listings, and homes for sale in Somerset                       County, NJ
Welcome > Local Info > Economy ...

Find Out More About the Central New Jersey Economy & Job Market
 

"Somerset, Hunterdon, and Middlesex, NJ Counties will be among New Jersey's strongest employment growth areas this year, powering a statewide job recovery that should last into the next century."
- Rutgers University forecast, July 1997

Facts about the New Jersey Economy

  • New Jersey is the 8th largest state economy.
  • New Jersey is now the eighth largest exporting state.
  • There are 60 million consumers within a 250-mile radius of New Jersey.
  • In 2000, 12 of 33 FDA-approved drugs were credited to New Jersey based pharmaceutical companies.
  • New Jersey has 55 colleges and universities, including Princeton and Rutgers Universities and The New Jersey Institute of Technology.
  • Somerset County had an unemployment rate of 2.1% in 2000 as compared to a nationwide rate of 5.8%
  • More than 20 Fortune 500 companies are headquartered in New Jersey.
  • The national headquarters for Fortune 500 companies, AT&T and Johnson & Johnson, are both located in Central New Jersey.


Central New Jersey's Top 20 Employers

1. AT&T (National Headquarters) Telecommunications Somerset, Hunterdon, Middlesex &Union Counties 23,000
2. Lucent Technology Equipment Telecommunications Warren, Berkeley Heights, New Providence, Bernards 16,500
3. Johnson&Johnson (National Headquarters) Pharmaceuticals & Healthcare Products Bridgewater, Raritan Borough, Montgomery, North Brunswick, Warren 11,000
4. Rutgers University Education New Brunswick, Piscataway 8,403
5. Merck & Co. Pharmaceutical Readington, Franklin, Woodbridge, Rahway 7,403
6. Schering Plough Pharmaceutical Bernards, Union, Kenilworth 5,670
7. Telcordia Telecommunications Piscataway 5,022
8. University of Medicine and Dentistry of NJ Education New Brunswick, Piscatatway 4,391
9. Merrill Lynch Financial Franklin, Piscataway, Somerville, Westfield 3,831
10. R.W. Johnson University Hospital Medical New Brunswick 3,574
11. Chubb & Son, Inc. Insurance Warren, Branchburg, Bridgewater, New Providence 3,000
12. St. Peter's University Hospital Medical New Brunswick 2,702
13. Overlook Hospital Medical Summit 2,700
14. Bristol-Myers Squibb Pharmaceuticals New Brunswick 2,200
15. MetLife Insurance Somerset, Hunterdon Counties 2,000
16. Foster Wheeler Construction Clinton, Union, Lebanon 1,999
17. Somerset Medical Center Medical Somerville 1,712
18. Hunterdon Healthcare System Medical Raritan Borough 1,700
19. Novarits Pharmaceutical Summit 1,450
20. Solaris Health Systems (Muhlenberg) Medical Plainfield 1,450

Request our Free Bridgewater, Basking Ridge and Somerset County Relocation Package. It's packed full of useful and important information about the Bridgewater, Basking Ridge and Somerset County, New Jersey area. Don't move here without it! Remember: we'll send it to you for free and without obligation. Just fill out the form and we will send it right out...
 

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Real Estate Tips
First Time Buyers >Finding A Real Estate Agent

Finding an experienced, reliable real estate agent whom you like and trust is the first step in locating your new home. Here is an approach to finding the right agent.

Call or stop by a real estate office and ask to speak with the manager. Describe the type of home you are looking for. The manager can refer you to an agent who knows that market very well. You might also use weekend "open houses" as opportunities to look for a real estate agent, as well as a new home. It is really a matter of chemistry! If you meet someone who is knowledgeable and with whom you feel comfortable, call that person!

Once you establish a strong working relationship with a real estate agent, your agent can show you a number of homes for sale, even if they are listed with other companies. Often the agent can show you a property as soon as it is placed on the market. Many of the best homes never even make it to the weekend classified section of the newspaper!

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Real Estate Trivia
Q 
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?

A 
Monticello, begun in 1769, was later enlarged in keeping with its classical forms.
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John Bendall, REALTORŪ, real estate agents and broker for Bridgewater, Basking Ridge and Somerset County New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

John Bendall
RE/Max Classic Group

3322 Rte 22 West Suite 908
Branchburg, NJ 08876
Office: 908-895-1898
Fax: 908-231-7799
Email: john@bendallgroup.com

John Bendall earned his real estate license in November, 1986, because he thought about buying houses and fixing them up, just like everybody else in the mid-1980's. With speed and agility, John learned the area, refined his skills and soon became a Major League agent. Within four years he grew his business from ground zero to $26 million in closings. One of real estate's biggest fans, John soaks up all the knowledge he can about every facet of the industry. His many credentials and affiliations with professional organizations are one way in which he gathers the news from the cutting edge of the market. Call or email John today, and he will help you achieve your Real Estate goals. Performance Outsells Promises!

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