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Economy

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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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School Reports in Bridgewater, Basking Ridge and Somerset County, New Jersey

"A model of how the Internet can facilitate the process of deciding where to send your children to school"
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New Jersey Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

Schools in Bridgewater, Basking Ridge and Somerset County

Bargain Properties >The Inspection Report

Are you looking for a home and becoming tired of house-hunting? If so, you may be tempted to buy a bargain-priced home "as is" and forego the home inspection. But without the inspection report, do you know what the "as it" refers to? Wouldn't it be better to know what condition the home is in before you buy it?

The inspection contingency allows the buyer to enlist the services of a licensed home inspector within three to seven days after the purchase agreement is signed. The inspector will go over the property from top to bottom, evaluating the condition of all the basic systems and structures of the home in order to identify conditions that may be considered material defects and thus may affect the market value or the safety of the home.

The inspector's report is the only documented proof of the actual condition of the property that is being sold. It is a valuable tool that helps you negotiate the sales contract and gives you information about future maintenance projects. The cost of an inspection is well worth the peace of mind it provides.

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Q	What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
A	With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US.
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John Bendall, REALTOR�, real estate agent and broker for Bridgewater, Basking Ridge and Somerset County, New Jersey home listings, property and land for sale - NUMBER1EXPERT

John Bendall
RE/MAX Classic Group
Branchburg office- 3322 Rte 22 West Suite 908
Basking Ridge office- 47 S. Finley Ave
West Milford office- 1499 Union Valley Rd
Office: 908-895-1898
Fax: 908-231-7799
Email: john@bendallgroup.com
John Bendall is the owner/broker of RE/MAX Classic Group with 3 offices in New Jersey. (Branchburg, Basking Ridge and West Milford)John started Classic in November 2005 and it has grown from 6 agents to over 75 of the best agents in New Jersey. One of real estate's biggest fans, John soaks up all the knowledge he can about every facet of the industry bring his agents all the cutting edge tools to help them meet all their clients needs. Call or email today, and we will help you achieve your Real Estate goals. Performance always Outsells Promises!

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Bridgewater, Basking Ridge and Somerset County real estate and homes for sale in New Jersey - John Bendall, REALTOR® - NUMBER1EXPERT