Real Estate

Moorestown Homes Are The Priciest In The County: Where They Rank In NJ

The state recently released the average residential-property value for all NJ cities and towns. Here's where Cinnaminson fits in.

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The state recently released the average residential-property value for all New Jersey cities and towns. Here's where Moorestown fits in.
The state recently released the average residential-property value for all New Jersey cities and towns. Here's where Moorestown fits in. (Shutterstock)

MOORESTOWN, NJ — Homes in Moorestown have the highest average value in Burlington County. And the township is one of only two in the county with homes that average a higher price than the state's as a whole.

Last week, the New Jersey Department of Community Affairs (NJDCA) published its latest tax tables, which are based on 2022 data. The data includes the average residential-property value in each municipality and county.

The average New Jersey home is valued at $351,702, according to state data. In Moorestown, homes average a value of $459,396.

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Statewide, Moorestown's home values rank 150th-highest out of 564 cities and towns.

The average residential property in Burlington County is valued at $240,040. Only Moorestown and Chesterfield Township ($392,637) have higher averages on home values than New Jersey.

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Beverly had the lowest average in Burlington County, at $126,599.

The NJDCA has more data, including figures from past years.

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