10 Most Expensive Cities to Buy a Home in New Jersey

10 Most Expensive Cities to Buy a Home in New Jersey

10 Most Expensive Cities to Buy a Home in New Jersey

10 Most Expensive Cities to Buy a Home in New Jersey

Staff

New Jersey isn’t cheap—and for some towns, the price of entry climbs well into the millions.

Using data from Zillow, Stacker ranked the most expensive cities in the state by typical home value as of June 2025. With the national average sitting at $367,369, these towns break far above the norm. Location, low inventory, and deep-pocketed buyers keep prices climbing.

Here are the 10 most expensive places to buy a home in New Jersey:

10. Allenhurst
Typical home value: $2,142,004
Tucked along the Monmouth County coast, Allenhurst blends historic homes with a quiet, private atmosphere. Prices here more than doubled in five years.

Bill's House in Allenhurst, NJ

9. Saddle River
Typical home value: $2,204,145
Known for large properties and leafy streets, Saddle River continues to attract buyers looking for space near the city. The town’s luxury market has staying power.

8. Bay Head
Typical home value: $2,226,339
This small shore town keeps its value with beach access and limited listings. It’s a tight-knit, high-demand community that rarely changes hands.

7. Sea Girt
Typical home value: $2,235,189
Sea Girt stays near the top with its blend of beach-town charm and upscale real estate. Inventory stays low—and prices stay high.

Sea Girt, NJ Lighthouse

6. Short Hills
Typical home value: $2,273,168
This commuter hub offers fast access to Manhattan and top-rated schools. It remains one of North Jersey’s most sought-after suburbs.

5. Stone Harbor
Typical home value: $2,323,540
Luxury buyers continue to look to Stone Harbor for vacation homes. Even with a slight dip in the past year, demand for beachfront property keeps prices firm.

4. Avalon
Typical home value: $2,597,028
Avalon commands premium prices thanks to its upscale reputation and limited space. It’s long been a favorite among second-home buyers.

Avalon, NJ

3. Loch Arbour
Typical home value: $2,763,782
With a population under 200, Loch Arbour is one of the smallest—and most expensive—places in the state. Home values here nearly tripled in five years.

2. Alpine
Typical home value: $2,956,719
Alpine remains a magnet for the ultra-wealthy. Its gated estates, quiet roads, and location just outside New York keep it near the top.

1. Deal
Typical home value: $3,969,234
You don’t get much of a deal in Deal. With prices nearing $4 million, this seaside town tops the list. Homes rarely come on the market, and when they do, they sell quickly. Values have jumped nearly 92% since 2020.

Deal, NJ

The New Jersey Digest is a new jersey magazine that has chronicled daily life in the Garden State for over 10 years.