Moorestown

About Moorestown

Moorestown is a township in Burlington County, New Jersey, United States and an eastern suburb of Philadelphia. Moorestown was incorporated as a township by an act of the New Jersey Legislature on March 11, 1922, from portions of Chester Township (now Maple Shade Township), based on the results of a referendum held on April 25, 1922. The township is named for a Thomas Moore who settled in the area in 1722 and constructed a hotel though other sources attribute the name to poet Thomas Moore. The township banned all liquor sales in 1915 and retained the restrictions after Prohibition ended in 1933. Referenda aiming to repeal the ban failed in both 1935 and 1953. In 2007, the township council approved a referendum that would allow the sale by auction of six liquor licenses (the state limit of one per every 3,000 residents), with estimates

Moorestown is a township in Burlington County, New Jersey, United States and an eastern suburb of Philadelphia. Moorestown was incorporated as a township by an act of the New Jersey Legislature on March 11, 1922, from portions of Chester Township (now Maple Shade Township), based on the results of a referendum held on April 25, 1922. The township is named for a Thomas Moore who settled in the area in 1722 and constructed a hotel though other sources attribute the name to poet Thomas Moore.

The township banned all liquor sales in 1915 and retained the restrictions after Prohibition ended in 1933. Referenda aiming to repeal the ban failed in both 1935 and 1953. In 2007, the township council approved a referendum that would allow the sale by auction of six liquor licenses (the state limit of one per every 3,000 residents), with estimates that each license could sell over $1 million each. The referendum did not receive enough votes to pass. In 2011, voters repealed the liquor ban; however, liquor sales in the township will be restricted to the Moorestown Mall.

In 2005, Moorestown was ranked number one in Money magazine's list of the 100 best places to live in America. The magazine screened over a thousand small towns and created a list of the top 100 for its August 2005 issue, in which Moorestown earned the top spot because of its community feeling, in addition to plentiful jobs within the commuting area, excellent schools, low crime rate, and affordable housing. Another attribute is its proximity to Philadelphia (about a 25-minute commute), a center of jobs and cultural and urban amenities.

source: wikipedia.org

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The Commute

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Moorestown Sales Data

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Data compiled using 1st quarter 2020 data vs. same period from 2019

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Q1 2020
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$383.2k
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$305.4k
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Demographics

Population by Age Level. Median Age 45.21. Households: 5,336.

In Thousand of Dollars. (Median Income: $111,083)

Population by Education Level

Fair Market Rents

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