Cover Photo Credit: Brian – stock.adobe.com
Insights from Montclair Real Estate Agent Allison Maguire
New Jersey just earned a spot among the top 10 U.S. states for quality of life, according to a recent CNBC ranking — and for many longtime locals, the recognition is long overdue.
To dig deeper into what makes the Garden State such a desirable place to live, we spoke with Allison Maguire, a real estate agent in our Montclair office and a lifelong New Jerseyan who helps buyers discover the state’s unique advantages every day.
Nature, Wellness, and a Balanced Life
"Buyers today — especially post-pandemic — are prioritizing wellness and outdoor living," Maguire says. "New Jersey offers incredible access to beaches, lakes, hiking trails, and mountains. Whether it’s a weekend of kayaking or just relaxing in the backyard, people are drawn to the balance the state offers."
The emphasis on lifestyle has changed what people want in a home. Maguire notes that today’s buyers are looking for more than just square footage; they want flexibility, outdoor space, home offices, and a sense of peace.
City Access Without the City Stress
One of New Jersey’s most attractive qualities? Its unbeatable location. "Proximity to both New York City and Philadelphia is huge," Maguire says. "Many of my clients—especially from Brooklyn, Queens, and Manhattan—find they can gain space, greenery, and top-rated schools without giving up cultural life or career opportunities."
That commuter convenience, along with walkability to NJ Transit stations and direct train lines, is a top selling point for remote workers who still want city access.
Schools, Community, and Culture
For buyers planting roots, strong public schools and community spirit continue to drive demand. “New Jersey’s walkable downtowns and charming neighborhoods attract intentional buyers who are looking to stay for the long haul,” Maguire explains.
Add to that a diverse and thriving cultural scene, including a rich culinary landscape and year-round community events, and it's no wonder the state feels like home to so many.
Can Buyers Afford the Dream?
Still, quality of life often comes with a price tag. “The majority of buyers are financially savvy and prepared,” Maguire says, “but compromises are common.” From adjusting expectations on lot size or renovation needs, to expanding their search radius, today’s buyers are learning to be strategic.
Affordability remains a serious concern, particularly for first-time buyers and lower-income families. “Access to homeownership is increasingly limited for some,” she says, “but there are still pockets of opportunity—especially in towns with great fundamentals and rising value.”
The new graduated tax fee structure in New Jersey adds another layer to the affordability conversation. For buyers, especially at lower price points, the changes can offer some relief by reducing their upfront closing costs — which is a welcome break in an increasingly expensive process. But for sellers, especially at the higher end, this shift may feel like added pressure — and may eventually affect pricing strategies or buyer-seller negotiations.
The key? Preparation, flexibility, and working with an agent who knows where to look.
The Remote Work Migration Continues
According to Maguire, New Jersey has seen a clear uptick in out-of-state buyers since 2020, largely driven by the pandemic. “The out-of-state wave is real,” she says. “And it hasn’t slowed.”
What are these buyers after? Think: more space, a sense of community, and homes with character. “They’re lifestyle-driven and community-minded,” Maguire notes. “They want charming, historic homes, not cookie-cutter new builds, and they want to be part of something.”
Final Takeaway
With its unique blend of natural beauty, city access, top schools, diverse communities, and a focus on wellness, New Jersey is so much more than a commuter state.
As Maguire puts it, “People aren’t just buying a house here. They’re buying into a better way of living.”
And judging by CNBC’s latest ranking, the rest of the country can’t wait to buy in!
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