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. AllenhurstTypical home value: $2,142,004Tucked along the Monmouth County coast, Allenhurst blends historic homes with a quiet, private atmosphere. Prices here more than doubled in five years.
9. Saddle RiverTypical home value: $2,204,145Known 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 HeadTypical home value: $2,226,339This 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 GirtTypical home value: $2,235,189Sea Girt stays near the top with its blend of beach-town charm and upscale real estate. Inventory stays low—and prices stay high.
6. Short HillsTypical home value: $2,273,168This commuter hub offers fast access to Manhattan and top-rated schools. It remains one of North Jersey’s most sought-after suburbs.
5. Stone HarborTypical home value: $2,323,540Luxury 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. AvalonTypical home value: $2,597,028Avalon commands premium prices thanks to its upscale reputation and limited space. It’s long been a favorite among second-home buyers.
3. Loch ArbourTypical home value: $2,763,782With 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. AlpineTypical home value: $2,956,719Alpine remains a magnet for the ultra-wealthy. Its gated estates, quiet roads, and location just outside New York keep it near the top.
1. DealTypical home value: $3,969,234You 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.