Overview of Wayne
Wayne is a township located in northeastern New Jersey in Passaic County. The town is positioned roughly 14 miles northwest of the major metro of Newark and Midtown Manhattan is less than 20 miles southeast. Wayne apartments for rent can be found across the 23.8 square miles and can be a great way to join the growing population of nearly 54,000 people.
Wayne was ranked 32nd in 2003 on Money Magazine's list of the best places to live in the country with populations over 50,000 people. More recently, in 2010, Money Magazine ranked Wayne 73rd on its list of best places to live in the country. Residents enjoy prime suburban living and a close-knit community feel.
Living in Wayne, NJ
Residents in Wayne apartments enjoy being part of a community that is made up of many smaller and distinct communities built around natural landscapes, including a number of lakes and the Passaic River, which cuts through the township.
The area where Wayne sits today was originally inhabited by the Lenni Lenape Indians, and it was part of the Saddle River Township in 1710. The town received its namesake in honor of Anthony Wayne, a general in the Revolutionary War. While this area was primarily used as a farming community throughout the 18th and 19th centuries, the arrival of the railroad at the end of the 19th century brought significant change to the area, replacing the canal as the major mode of transportation. In the early 20th century, Wayne prospered as a vacation area for affluent New Yorkers and major housing developments sprang up after the end of World War II.
Wayne Work and Study
Wayne is home to many businesses, including the headquarters of Toys R' Us as well as the Valley National Bank. Money Magazine indicated that these two major businesses provide substantial economic stability to the community. Data collected by the U.S. Census Bureau revealed that nearly 27,500 Wayne residents make up the local labor force. City-Data information revealed that the most common industries in the area based on data collected from 2005 to 2009 include manufacturing, retail trade, professional, scientific and technical services, all making up 12 percent of local industry.
Apartments near Wayne are attractive options for students. The town is home to the Passaic County Technical Institute, the William Patterson University and the Passaic County Community College. There are also a wealth of higher education institutions located nearby in the Manhattan area and New York City.
Rentals in Wayne, NJ and Cost of Living
According to data collected by the U.S. Census Bureau, Wayne rentals have a vacancy rate of 5.9 percent, and median gross rent was valued at $1,315 as of 2010. The largest portion of renters, 46.5 percent, fall in the gross rent range of $1,000 to $1,499, and nearly 33 percent reported spending $1,500 or more on gross rent. The data further indicated that roughly 42.4 percent of all renters reported spending 35 percent or more of their household income on gross rental costs.
City-Data information revealed that in March 2012, the cost of living in Wayne was assigned the value of 124.0 points, which is 24 percent higher than the national average of 100 points.
Wayne Attractions and Special Events
Residents in Wayne apartments have numerous attractions, activities and events waiting for them to explore. Many locals enjoy heading to the many lakes that pepper the area. Residents also take advantage of the area's recreation facilities as well as the numerous parks and outdoor green spaces. The Garret Mountain Reservation Loop Trail is located nearby and provides the locals with scenic views along the looping trail.
While the bustling New York City is right next door and offers endless activities and attractions, there are a number of attractions located right in Wayne. Notable area attractions include Willowbrook Mall, Wayne Towne Center, Wayne Hills Mall, High Mountain Park Preserve, Ice Vault ice rink, Pathmark Multicultural Arts Festival, Van Riper-Hopper Historic House Museum and more.
The township hosts a yearly festival in the summer, called Wayne Day, which draws thousands of local residents, businesses and features live music to celebrate the area's success and bring the whole community together for some prime entertainment.
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