Stone Harbor is a borough in Cape May County, New Jersey, United States. It is part of the Ocean City Metropolitan Statistical Area. It shares the barrier island, Seven Mile Island with its northern neighbor Avalon. Development began in the late 19th century as a beach resort along a railroad line which has since been replaced by a traffic island along the length of Second Avenue. Stone Harbor was incorporated in 1914 from portions of Middle Township. It continues as a resort community with a summer population in excess of 20,000 enjoying well-patrolled beaches and a thriving commercial center. As of the United States 2000 Census, the borough had a year-round population of 1,128.
Along with nearby Avalon, it is known as a wealthy and exclusive enclave, sporting a trendy, upscale central business district centered along 96th Street and 2nd Avenue.
In 2006, Forbes magazine ranked Stone Harbor (08247) as #47 on its list of the most expensive zip codes in the United States, based on median home sale prices. As of 2001, Worth Magazine put Stone Harbor at #101 on its list of the Richest Towns in America, which was based on median annual real estate prices. Most vacationers come from New Jersey, Pennsylvania, New York, Connecticut, Maryland and Delaware.
Stone Harbor was incorporated as a borough by an Act of the New Jersey Legislature on April 3, 1914, from portions of Middle Township, based on the results of a referendum held on April 28, 1914. The borough gained a portion of Avalon on December 27, 1941. (...)
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