Moorestown New Jersey Real Estate Moorestown is a township in Burlington County, New Jersey, United States as well as an affluent eastern suburb of Philadelphia. As of the United States 2000 Census, the township population was 19,017. Moorestown is not to be confused with similarly-named Morristown, a town in the northern part of New Jersey. In keeping with Moorestown's Quaker heritage, the township banned all liquor sales in 1915 and retained the restrictions after Prohibition ended in 1933. Referendums 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.  Moorestown was ranked number one in Money magazine's list of the best places to live in America in 2005.  The magazine screened over a thousand small towns and created a list of the top 100 for its August 2005 issue. The township earned the top spot because of its true community feeling, in addition to its relatively high income and good schools. Another one of its attributes is its close proximity to Philadelphia, Pennsylvania, about a 15-minute commute. Moorestown also is credited with an excellent education system. Moorestown ranks among the top public high schools in the country and has maintained high standards of its students for decades. There is a 99% graduated rate, a staggering 95% of graduates go on to attend universities immediately following graduation. Moorestown also boasts an impressive 48% of graduates that go on to attend ivy league universities. Standardized testing scores of Moorestown students throughout grade levels have beaten surrounding communities in South Jersey for years.