Was new Jersey founded for money or religious freedom?

New Jersey was founded primarily for economic reasons, as it was initially established by the Dutch and later became a British colony. The region attracted settlers seeking land and opportunities for agriculture and trade. However, it also offered a degree of religious freedom, especially for Quakers and other dissenting groups, which contributed to its diverse population. Thus, while economic motivations were significant, the pursuit of religious freedom also played a role in its development.