New Jersey is home to some of the most exclusive and expensive communities in the country. From luxury beachfront properties along the Jersey Shore to grand estates in Bergen County, these towns offer prestige, privacy, and top-tier living. Once industrial hubs, many areas have transformed into high-end residential neighborhoods with top-rated schools and strong community appeal.
Using the latest Zillow data as of January 2025, we’ve ranked the most expensive towns in New Jersey based on home values, income levels, and lifestyle quality. Demographic data shown in this section was gathered from the latest U.S. Census Bureau release.
Here’s a look at the state’s most desirable places to live.
DEAL, NEW JERSEY 07723
Deal is a small, upscale borough in Monmouth County, New Jersey. Known for its luxury real estate, private beach clubs, and stunning Atlantic coastline along North Ocean Avenue, Deal offers an exclusive, suburban feel.
With a population of just 888 residents as of 2023, Deal maintains an intimate and private atmosphere. The real estate market reflects its exclusivity, with a typical home value of $3,804,185. The median household income in Deal is $77,679.
The median age of residents is 41.8 years, and many retirees choose to call Deal home. The borough features numerous parks, restaurants, and bars, making it an enjoyable place to live. Public schools in Deal are above average, further adding to its appeal.
LOCH ARBOUR, NEW JERSEY 07711
Loch Arbour is a charming seaside village in Monmouth County, New Jersey. Known for its peaceful atmosphere and scenic coastal views, it is considered one of the best townships in New Jersey. With a rural feel and a tight-knit community, most residents own their homes and enjoy the tranquility of this exclusive neighborhood.
With a small population of just 224 residents as of 2023, Loch Arbour offers privacy and a slower pace of life. The real estate market reflects its desirability, with a typical home value of $2,716,172. The median household income in Loch Arbour is $115,417, making it an affluent yet welcoming community.
The median age of residents is 56.7 years, and the village features a variety of restaurants, coffee shops, and parks for locals to enjoy. Public schools in Loch Arbour are above average, adding to its appeal for families and retirees alike.
ALPINE, NEW JERSEY 07620
Nestled in the northeastern corner of New Jersey, Alpine is a prestigious suburban retreat in Bergen County, just across the Hudson River from Yonkers. Known for its expansive estates and lush, forested landscapes, Alpine offers a rural feel with minimal commercial development, preserving its serene and exclusive atmosphere.
With a population of just 1,750 residents as of 2023, Alpine is home to some of the most impressive properties in the state, where sprawling mansions sit on vast, private lots. The typical home value in Alpine stands at $2,713,493, reflecting its status as one of the richest towns in NJ. The median household income in Alpine is among the highest in the nation at $250,001.
Residents enjoy a peaceful lifestyle surrounded by nature, with numerous parks and winding roads that enhance the borough’s charm. Many retirees call Alpine home, and the community leans conservative. The public schools in Alpine NJ are highly rated, making it an excellent place for families as well.
AVALON, NEW JERSEY 08202
Avalon is a picturesque coastal town in Cape May County, New Jersey. Known for its beautiful beaches and upscale atmosphere, Avalon is considered one of the most affluent towns in New Jersey. With a relaxed, suburban feel, most residents own their homes and enjoy a peaceful seaside lifestyle.
As of 2023, Avalon has a population of 1,218, making it a quiet and exclusive community. The typical home value stands at $2,595,158, reflecting the town’s desirability. The median household income is $143,482, and the median age of residents is 65.2 years, making Avalon a popular destination for retirees.
The town is home to a variety of bars, restaurants, and coffee shops, creating a lively yet laid-back atmosphere. Avalon also boasts highly rated public schools, adding to its appeal for families and seasonal residents alike.
STONE HARBOR, NEW JERSEY 08247
Stone Harbor is a charming coastal town in Cape May County, New Jersey. Known for its serene atmosphere and beautiful seaside properties, it is considered one of the wealthiest towns in NJ. With a quiet, suburban feel, most residents own their homes and enjoy the relaxed coastal lifestyle.
As of 2023, Stone Harbor has a population of just 779, making it an intimate and peaceful community. The typical home value stands at $2,437,500, reflecting its appeal as a prime beachfront destination. The median household income is $128,235, and the median age of residents is 65.5 years, making it a popular choice for retirees and those seeking a tranquil retreat.
Stone Harbor’s real estate blends historic charm with modern luxury. From classic Colonial and Cape Cod-style homes to spacious multi-family properties and waterfront estates, the town offers a range of housing options. While many homes cater to seasonal visitors, Stone Harbor also provides excellent choices for year-round residents who appreciate its peaceful and picturesque setting.
SHORT HILLS, NEW JERSEY 07078
Short Hills is an affluent, unincorporated community within Millburn Township in Essex County, New Jersey. Despite not being an official city, it stands out as one of the richest towns in New Jersey. Recognized by Time magazine as “The Richest Town in America” in 2014, Short Hills remains a prestigious suburban enclave with a high standard of living.
As of 2023, Short Hills has a population of 14,662. The typical home value is $2,110,977, with most properties exceeding the $1 million mark. The real estate market primarily consists of spacious single-family homes, with limited options for townhouses and condominiums. The median household income in Short Hills is among the highest in the nation at $250,001, reflecting its status as a luxury residential community.
Residents enjoy a peaceful suburban lifestyle with access to parks, top-rated public schools, and a variety of coffee shops and restaurants. While politically diverse, the community leans toward moderate views. With its excellent schools and close proximity to New York City, Short Hills is an ideal location for families and professionals seeking a refined yet convenient living environment.
BAY HEAD, NEW JERSEY 08742
Bay Head, a coastal gem in Ocean County, is one of the wealthiest towns in New Jersey. With a population of 965 as of 2023, it offers a quiet, upscale lifestyle. The typical home value is $2,108,522, and the median household income is $145,417.
Nestled between the mainland and the Barnegat Peninsula, Bay Head boasts scenic waterfront views. It is also the southernmost stop on the NJ Transit North Jersey Coast Line, providing easy access to North Jersey and New York. The town’s highly rated public schools add to its appeal.
SEA GIRT, NEW JERSEY 08750
Sea Girt is an exclusive coastal borough in Monmouth County, known for its pristine beaches, charming downtown, and luxurious real estate. Nestled between Spring Lake and Manasquan, this upscale community offers a peaceful, small-town feel while maintaining a refined atmosphere.
As of 2023, Sea Girt has a population of 1,815 and a median household income of $206,000. The typical home value is $2,082,992, with many stunning seashore estates. Over 60% of residents live here year-round, while others enjoy it as a seasonal retreat.
Sea Girt’s highly rated public schools, private beaches, and well-maintained community amenities make it one of the most desirable places to live in New Jersey.
ALLENHURST, NEW JERSEY 07711
Allenhurst is an upscale seaside borough in Monmouth County, known for its quiet charm and elegant homes. With a population of just 466 as of 2023, it offers an exclusive, small-town feel where most residents own their homes.
The typical home value in Allenhurst stands at $2,065,269, reflecting its desirability. The median household income is $96,500, and the median age of residents is 50.3 years. The town features scenic parks and a welcoming community atmosphere.
SADDLE RIVER, NEW JERSEY 07458
Tucked away in Bergen County, Saddle River is a serene and affluent community that blends luxury living with natural beauty. Unlike many suburban areas, it has preserved its rustic charm, with rolling farmland, wooded landscapes, and scenic rivers enhancing its peaceful atmosphere.
With a population of 3,368 as of 2023, Saddle River, New Jersey offers spacious properties and privacy, making it a top choice for those seeking an exclusive yet tranquil lifestyle. The typical home value stands at $2,052,423, reflecting its status as one of the richest parts of New Jersey. The median household income is an impressive $236,985, and the median age of residents is 52.1 years.
Sea Girt’s highly rated public schools, private beaches, and well-maintained community amenities make it one of the affluent towns in NJ.
RUMSON, NEW JERSEY 07760
Located in Monmouth County, Rumson is a prestigious waterfront community known for its elegant homes, scenic landscapes, and strong sense of community. With its tree-lined streets, spacious properties, and proximity to the Navesink and Shrewsbury Rivers, Rumson offers a peaceful, upscale suburban lifestyle.
As of 2023, Rumson has a population of 7,178. The typical home value stands at $1,966,871, and the median household income is among the highest in the state at $250,001. The median age of residents is 43.1 years.
Rumson is home to highly rated public schools, well-maintained parks, and a variety of dining options. Many residents appreciate its quiet charm while also benefiting from its close proximity to the Jersey Shore and convenient access to New York City.
MENDHAM, NEW JERSEY 07945
Mendham is a picturesque township in Morris County, offering a strong sense of community and a classic suburban charm. Known for its spacious properties, top-rated schools, and peaceful atmosphere, it is an ideal place to raise a family or settle down.
As of 2023, Mendham NJ has a population of 4,970. The median listing price for homes is $839,500, making it one of New Jersey’s more affordable upscale towns. With relatively low property taxes compared to surrounding areas and a median household income of $223,750, Mendham provides a high standard of living. The median age of residents is 46.6 years.
Mendham is consistently ranked as one of the safest places to live in New Jersey, adding to its appeal for families and retirees.
LOOKING TO BUY OR SELL?
If you’re looking to buy, sell, or invest in one of New Jersey’s most exclusive communities, expert guidance is key. Whether you’re a first-time buyer, a seasoned investor, or simply curious about your home’s current value, I’m here to help navigate the luxury real estate market with ease.
For personalized assistance and expert insights, contact Alexander Proskurov at (732) 580-2120 or email alexpr@newjerseyresidence.com. Let’s find your perfect home or maximize the value of your property today!
This is not intended as a solicitation if your property is already listed with another brokerage.
