NJ Home Values By ZIP: See New Data As Market Shifts

NEW JERSEY— Home values across New Jersey rose an average of 3.5 percent from February 2025 to February 2026, but the gains were uneven, concentrating in affluent suburbs and coastal communities while several urban and South Jersey ZIP codes saw declines or minimal growth.

The statewide average home value increased from $621,369 to $647,919, according to a Patch analysis of Zillow-based ZIP code data covering over 500 locations.

Which ZIP codes Are Driving The State’s Highest Home Values?

The town of Deal in Monmouth County recorded the highest average home value in New Jersey at $4.19 million in 2026, followed by Alpine at $2.95 million.

Avalon ranked third at $2.67 million.

Other high-value ZIP codes included Sea Girt at $2.34 million, Short Hills at $2.26 million, Mantoloking at $2.11 million, New Vernon at $1.93 million and Long Beach Township at $1.85 million.

These ZIP codes remain concentrated in Monmouth, Cape May, Morris, and Ocean counties, where shoreline access and suburban wealth continue to shape pricing.

“What are the three most important things that determine the value or price of a house?” economist Steven Pressman said. “The answer is location, location, location.”

Where Are NJ’s Cheapest Housing Markets?

Camden and parts of South Jersey accounted for the lowest home values in the state.

Camden ZIP codes recorded some of the lowest values statewide, ranging from about $130,647 to $173,782 in 2026. Fortescue in Cumberland County followed at $160,196, while Port Norris ranged between roughly $192,422 and $228,473.

Trenton ZIP codes remained among the lowest-priced in larger cities, with values of $196,987 and $211,082.

Atlantic City and Pleasantville also ranked near the bottom, with values around $213,509 and $234,011 respectively.

Despite their low baseline values, several of these ZIP codes showed only modest movement, reflecting continued affordability in New Jersey’s urban cores and rural South Jersey regions.

Which ZIP Codes Recorded The Largest Increases?

Demarest led the state with a 15.6 percent increase, followed by Alpine at 12.4 percent. Franklin Lakes rose 12.1 percent, while Deal increased 11.9 percent and Sea Girt 11.8 percent.

Other notable gainers included Haworth, Spring Lake, Summit, River Edge, and Lavallette, most of which posted gains above 10 percent.

Bergen County and Monmouth County accounted for a significant share of the top-performing ZIP codes.

“People are increasingly looking for neighborhoods that offer both access to diverse career opportunities and a strong sense of community,” Allison Shrivatava, an economist at Niche, said. “These smaller, walkable communities provide the mix of amenities and livability that families and young professionals both value.”

Which Parts Of NJ Saw Housing Values Decline?

While most of the state posted gains, several ZIP codes recorded declines.

Camden saw the steepest losses among low-value markets, with one ZIP code falling 11 percent and others dropping between 3.9 percent and 8.7 percent.

Newark also declined 5.9 percent in one ZIP code and 3.3 percent in another.

Cumberland County showed multiple declines, including Leesburg, Port Norris, Fortescue, and Greenwich, where values fell between 4 percent and 7.7 percent.

Atlantic and Mercer counties also saw smaller declines in select ZIP codes, including Milmay, Ewing, and Buena.

Most Expensive Home Values In NJ

• Deal — $4.19 million
• Alpine — $2.95 million
• Avalon — $2.67 million
• Stone Harbor — $2.54 million
• Allenhurst — $2.39 million
• Sea Girt — $2.34 million

Least Expensive Home Values In NJ

• Camden — $130,647
• Fortescue — $160,196
• Port Norris — $192,422
• Trenton — $196,987
• Atlantic City — $213,509
• Salem — $225,649

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