It is the longtime central location of Bell Labs (now part of Alcatel-Lucent), having relocated here in 1941 from New York City when the division was still part of Western Electric. The neighborhood shares its ZIP code 07974 with the neighboring borough of New Providence.
Murray Hill was named and founded by Carl H. Schultz, founder of a mineral water business once located at First Avenue between 25th and 26th Streets in the Murray Hill district of Manhattan. Schultz purchased a large tract of land there during the 1880s where he built a residence for his family and donated land to be used for a train station with the condition that the area be known as "Murray Hill".
^Bell Labs Research in the United States, Alcatel-Lucent. Accessed June 1, 2012. "Bell Labs has been in operation in the United States since 1925, originally as part of Western Electric, and later, AT&T. Today, Bell Labs is part of the innovation engine for Alcatel-Lucent. Headquarters was in New York until 1941, when the world headquarters for Bell Labs moved to Murray Hill, N.J., where it remains today."
^Cheslow, Jerry. "If You're Thinking of Living In/New Providence; A Commuter's Delight, With 2 Stations", The New York Times, July 17, 1994. Accessed June 1, 2012. "The first railroad station was built in New Providence in 1884 on land donated to the township by Carl Schultz, a businessman known as the Seltzer King of New York. 'Mr. Schultz, who built his country home in New Providence, made one stipulation when he donated the land,' Mrs. Chovan said. He wanted the section to be known as Murray Hill, after the Manhattan neighborhood where he had his regular home."
^US careers, The Linde Group. Accessed June 1, 2012. "Linde North America region is comprised of the US, Canada, Mexico and the Caribbean with an employee population of approximately 4,000 people. The North America Headquarters is located in Murray Hill, NJ."