New Jersey Economy

 

In New Jersey, there is well-developed network of roads and railways, there are twelve airports, two seaports. The most developed industries - a chemical and electrical engineering. Large state income also is brought by the financial sector and tourism (legal gambling). And of course the standard farming - growing vegetables, fruits and nuts.


U.S. experts real estate market and realtors say that there has recently been an increased interest from foreign buyers to the real estate market in New Jersey. Currently, real estate prices in New Jersey are extremely  low and it creates a unique opportunity to purchase property at very competitive prices. In 2010 the price of real estate in New Jersey already reduced by 30% compared with the average price in the same period previous year. In addition, there are more and more homes which have lost their owners who could no longer pay the mortgage. 

 
The largest city in New Jersey - Newark (Newark), Jersey City (Jersey City), Paterson, Hamilton, Trenton and others. Atlantic City - a resort and tourist town, famous throughout the world.

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