These 11 NJ Towns Are Among Most Expensive ZIP Codes In America

NEW JERSEY — If you're in the market for a home down the shore or in the New York City metro, new Zillow data shows that you'll see price tag of $1.6 million or more in certain neighborhoods.

Patch took a look at the 250 most expensive ZIP codes to buy a home, and found 11 New Jersey towns on the list. The average home value in the Garden State is $534,939 — significantly higher than the nationwide value of $363,438 — but typical home values in some of these communities are more than five times that amount.

"Typical home values" reflect a weighted average of all homes in the middle of the market, and are calculated with a formula known as the Zillow Home Value Index.

Deal, in Monmouth County, tops the list for New Jersey again — with home prices approaching $3.7 million, putting the Jersey Shore borough at the 25th-most expensive in the nation.

The top three towns with the highest typical home value countrywide are Atherton in San Mateo County, California ($7,848,988) Miami Beach in Miami-Dade County, Florida ($6,292,681), and Sagoponack in Suffolk County, New York ($5,702,256).

Here are the most expensive ZIP codes in New Jersey and where they fit into the top 250, based on Zillow's most recent data. These numbers, released in mid-July, represent home values through June of 2024:

• 25. Deal (07723), Monmouth County
  • Typical home value: $3,669,176
• 47. Alpine (07620), Bergen County
  • Typical home value: $2,994,298
• 72. Avalon (08202) Cape May County
  • Typical home value: $2,571,839
• 83. Stone Harbor (08247), Cape May County
  • Typical home value: $2,355,265
• 114. Short Hills (07078), Essex County
  • Typical home value: $2,148,077
• 118. Allenhurst (07771), Monmouth County
  • Typical home value: $2,123,985
• 122. Sea Girt (08750), Monmouth County
  • Typical home value: $2,088,272
• 124. Mantoloking (08738), Ocean County
  • Typical home value: $2,082,745
• 137. New Vernon (07976), Morris County
  • Typical home value: $2,015,497
• 210. Avon by the Sea (07717), Monmouth County
  • Typical home value: $1,724,248
• 242. Long Beach Township (08008), Ocean County
  • Typical home value: $1,637,224