NEW PROVIDENCE, NJ - The news is out, the borough is ranked the eighth best place to live in New Jersey according to New Jersey Monthly’s newly published list of the Garden State’s Top 100 Towns.

When he heard the news Mayor Al Morgan said, "That's terriffic! The credit has to go to the police department, because they do such an outstanding job, not only catching criminals but preventing crime." While that's a main reason, it isn't the only one. "We have a safe town with a great education system," he said.

The magazine won't be on the newsstands until Aug. 29, but the magazine released the top 20 towns on Monday, Aug. 21. New Providence is in good company. neighboring Berkeley Heights is ranked number six on the list and Mountainside, which sends its high school students to Governor Livingston High School, in Berkeley Heights is ranked 12.

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Chatham Township, which shares its border with Berkeley Heights, Long Hill, New Providence and Chatham Borough, is ranked number two. Basking Ridge is ranked fifth, Chatham Borough is tenth and Long Hill is ranked number 17.  

"Residential real estate is booming in New Jersey," said New Jersey Monthly Editor Ken Schlager. "Our chart is a popular tool that helps potential homebuyers understand which towns are the most desirable."

The 100 Top Towns chart is part of the “Best Places to Live” cover story in the September issue of New Jersey Monthly, available on newsstands on August 29.

 A complete ranking of 513 New Jersey municipalities will be available starting August 28 at njmonthly.com/top-towns.

 New Jersey Monthly publishes the Hot 100 Towns chart every other year. Leflein Associates, an independent research firm in Ringwood, New Jersey, compiles the chart exclusively for New Jersey Monthly. The chart is based on factors a homebuyer would consider, including home prices, real estate taxes, school results, crime rates, and access to essentials and amenities such as hospitals, theaters and restaurants. Here is this year’s Top 20:

1 Ho-Ho-Kus (Bergen County)

2 Chatham Township (Morris)

3 Glen Rock (Bergen)

4 Rumson (Monmouth)

5 Bernards (Somerset)

6 Berkeley Heights (Union)

7 Montvale (Bergen)

8 New Providence (Union)

9 Denville (Morris)

10 Chatham Borough (Morris)

11 Oradell (Bergen)

12 Mountainside (Union)

13 Millburn (Essex)

14 Cranbury (Middlesex)

15 Chester Township (Morris)

16 River Edge (Bergen)

17 Long Hill (Morris)

18 Cresskill (Bergen)

19 Mountain Lakes (Morris)

20 Livingston (Essex)

Each month, more than half a million New Jersey residents read New Jersey Monthly, which is in its 41st year.

Editor's Note: This article was edited to include comments by Mayor Al Morgan.