Menlo Park Terrace, NJ Economy

Menlo Park Terrace, NJ is an affluent suburb of New York City located in Bergen County. It is a great place to live due to its beautiful scenery and convenient transportation services. The 2 bedroom rent in Menlo Park Terrace is just $1,430 which is significantly lower than the US average. Furthermore, the Grocery Cost Index here is also lower than the nationwide average.
Menlo Park Terrace has some major businesses like Pfizer and Shoprite Supermarkets that offer competitive employment opportunities for locals as well as bring economic growth for the area. Further, it has very low tax rates making it a great place to live for families with a tight budget.