3 NJ ZIP Codes Among Nation's Most Expensive

NEW JERSEY - Trying to buy a home in New Jersey's most expensive ZIP code remains out of reach for most but the 1-percenters, with that pricey real estate jumping more in cost than any other place in the country fetch higher prices.

California, Boston, New York City, Seattle and Miami make the top 10 priciest ZIP codes in the nation, according to a new PropertyShark study. Three Garden State zip codes were included on the list, the highest number the state has contributed to the annual ranking.

Here are New Jersey's most expensive:

3. Sea Girt - 08750

The Monmouth County borough of Sea Girt places at No. 70 on the national ranking with a $1,892,000 median sale price, according to the study. Bordering popular shore towns such as Manasquan and a population of just under 2,000, it's no wonder why the 1.46-square-mile area outranks New York's Purchase (No. 88), Connecticut's Fairfield (No. 94) and even cities like Boston (No. 91), San Francisco (No. 95) and Los Angeles (No. 98).

2. Avalon - 08202

Cape May County's Avalon narrowly made the annual ranking at No. 92, according to PropertyShark. The beachside borough on Seven Mile Island touts a $1.67 million median sale price and the motto "cooler by a mile," as it extends into the Atlantic Ocean roughly a mile father than surrounding barrier islands.

2021 was the first year both Avalon and Sea Girt placed among the top 100 most expensive ZIP codes PropertyShark list.

1. Alpine - 07620

Bergen County’s Alpine serves as New Jersey’s most expensive and No. 58 most expensive nationally. Located 15 miles from Midtown Manhattan and touting a $2 million median sale price, it’s not hard to see how the zip code attracts the likes of Lil’ Kim, Jay-Z, Britney Spears and Stevie Wonder, per Alpine Luxury Properties.

The U.S. residential market's vertical price trends were evident among the country's top ZIP codes as well, with 92 ZIP codes posting price gains — including 23 where the median surged by more than 25 percent, the study said. Only 12 locations among the priciest registered drops in their medians this year, many of them in New York City.

Reaching a new record median sale price at $7.475 million, Atherton, California's 94027 remains the No. 1 most expensive ZIP code in the U.S. for the fifth consecutive year — nearly $2 million ahead of the runner-up.

The top 10 most expensive ZIP codes in the nation are:

With reporting by Deb Belt.