In 2012, the festival hosted around 125 special shape and sport hot air balloons. It also had music concerts, crafters and vendors, food, carnival rides and fireworks, which attracted more than 175,000 people. It had more than fifty corporate partners.
In 1983, Bill Lewis, working with USA Today, brought approximately ten hot air balloons to the Union 76 Truck Stop on Interstate 78 in New Jersey for the inaugural event. After two years they moved the festival to its current site at Solberg Airport where it grew to 40-50 balloons and 30,000-40,000 attendees.
In 1993, Howard Freeman and John Korff acquired the New Jersey Festival of Ballooning and signed a long term deal with Solberg Airport. That same year they secured a long term sponsorship agreement with QuickChek. In time, the festival has become the largest event in New Jersey and the largest summertime balloon festival in North America.
In 2000, to differentiate the festival from other balloon festivals, major concerts were added to the festival. The first concert presented the legendary band, The Beach Boys. Each subsequent festival included three major concerts. Headliners have included The Doobie Brothers, Hall & Oates, Styx, Foreigner, America, Jonas Brothers and KC & the Sunshine Band.
According to wikipedia