You'll Also Like:What NJ Suburbs Are The Wealthiest In The Country? Ridgewood, NJ, came in 5th with an average annual household salary of just over $273,000, and an average home price of $ 1.2 million. Tenafly, NJ, came in 3rd with an average annual household salary of just over $306,000 and an average home price of $ 1.3 million. Summit, NJ, came in 2nd with an average annual household salary of just over $306,000 and an average home price of $ 1.45 million. Westfield, NJ, came in 1st with an average annual household salary of just over $307,000 and an average home price of $ 1.3 million.