Peapack-Gladstone, NJ
Peapack-Gladstone is a charming, picturesque town located in northern Somerset County on the north branch of the Raritan River. The villages of Peapack-Gladstone are frequently referred to as the Twin Boroughs.
At the center of town is Liberty Park which is a tranquil setting for residents and visitors to enjoy year round. Activities in the Park include the annual Community Day celebration, concerts in the summer and ice skating in the winter. The streets are lined with an array of homes including historic Victorians, quaint cottages and classic capes. Each village offers a charming downtown area complete with restaurants, shopping and access to public transportation.
There has been no one explanation formally accepted to explain the origin of the name Peapack. Several possibilities exist regarding the derivation of the name Peapack. “Pe” is the Lenni-Lenape word for water. “Pepock”, meaning pond, is mentioned in a deed for a large tract of land sold by the Lenapes to the settlers. Another reference indicates the name was derived from an Indian tern for “water roots” which refers to the point in town where the Peapack Brook and Raritan River meet. Gladstone got its name from William Gladstone, an English Prime Minister.
In 1912, residents of the villages voted to separate from Bedminster Township. As a result, the villages of Peapack and Gladstone formally merged to form the borough as we know it today.
The 5.9 square-mile area is home to a little over 2,400 people. The two villages share a public library, police department, first aid squad, fire department, athletic programs, and civic organizations. Students attend grades K-12 in the Somerset Hills Regional School District located in neighboring Bernardsville.
Peapack-Gladstone is south of Morristown and north of Somerville. Many people are drawn to this small town for its easy access to transportation via Routes 287, 78, 202, 206 and the New Jersey Transit system.
Peapack-Gladstone information and photographs obtained by Karen Van Arsdale.
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Welcome To Town
Enjoy An Afternoon In The Park
Entrance To Natirar
Sweeping Vistas At Natirar
Friendly Faces
Beautiful Pastures
Graceful Swans
Liberty Park
Limestone Quarry
Nature At Its Best
Old World Glamour
Play Ball!
Pride Of The Community
Relax In The Gazebo
Rockabye Meadow Preserve
Station 51
Toddler Playground
Tranquil Settings
Unspoiled Beauty
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| Peapack-Gladstone Residential Sales Statistics | |
| 2010: High Sales Price = $1,287,000 Low SP = $201,000 Average SP = $637,256 Median SP = $640,000 |
2009: High Sales Price = $5,350,000 Low SP = $160,000 Median SP = $667,000 |
2008: |
2007: |
| Source: Garden State Multiple Listing Service. | |
