Money Island is the smallest and most remote of five rural communities that make up Downe Township in Cumberland County in the U.S. state of New Jersey. The road that led to the development of Money Island was constructed in the late 1930s. In the 1940s, the first homes were constructed in the community. The community is located on the shore of the Delaware Bay on the southern side of Nantuxent Creek. Its location may be described as the southwest corner of New Jersey.
Money Island is a low-income community which has been devastated by sea level rise and Hurricane Sandy. Local opinions have been divided regarding participation in the Blue Acres buy-out program, part of the New Jersey Department of Environmental Protection's process of managed retreat.
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