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Chatham Township Named a 2010 New Jersey Monthly Top Town

Chatham Township is one of the 10 Best Places to Live in New Jersey, according to New Jersey Monthly's latest list of the Garden State's 100 Top Towns.

"These days, when serious budget issues are affecting every town in New Jersey, it's exciting to see which municipalities have done the best job maintaining the quality of life for their residents," says New Jersey Monthly Editor Ken Schlager. "Reaching our Top 10 is a notable achievement. These towns deserve our congratulations and should be proud of their performance in the rankings."

The 2010 list of 100 Top Towns was compiled for New Jersey Monthly by the Polling Institute at Monmouth University. In creating the rankings, the researchers considered eight categories best representing the quality of life in New Jersey's 566 municipalities: property taxes, home values, population growth, land development, employment, crime rate, school performance, and proximity to services.

Chatham Township, which also is the Top Town in Morris County, is no stranger to the magazine's list of Top Towns list. In 2008 it captured the top spot. This year it is No. 2 in the rankings, fueled by a 6 percent increase in median home prices in the town over the last four years.

At the top of this year's ranking is the Somerset County town of Bedminster.

Other Top Towns include:

Caldwell

Mountainside

New Hanover

North Caldwell

Plainsboro

Tabernacle

Upper Township

Verona

 "The 100 Top Towns" is featured in the March issue of New Jersey Monthly, which subscribers will receive after February 16 and is available on newsstands on February 23, 2010.

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video.foxbusiness.com

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