Basking Ridge, NJ Economy

Basking Ridge, NJ is a bustling suburban town in the state of New Jersey. It is a popular spot for commuters to call home due to its convenient location near major highways. The cost of living in Basking Ridge is relatively low, with the average 2-bedroom rent being $1,430 per month and the Grocery Cost Index at 100 versus US ratings. There are many businesses based in Basking Ridge such as Verizon Wireless, Sanofi Pharmaceuticals, and Somerset Hills Bank. In addition to these companies, there are many local attractions such as the Lord Stirling Park and Washington Valley Park that provide a great place for residents to exercise outdoors or simply relax under the trees.