New Jersey is home to 13 of America’s most expensive zip codes. See the list

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New Jersey is home to 13 of America’s most expensive zip codes. See the list

Thirteen New Jersey zip codes are among the most expensive places to live in the country, according to data from the rental marketplace Zillow.

The

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uses a proprietary formula to identify the typical home value in a given area. Out of close to 26,000 U.S. zip codes, 13 in the Garden State are in the top 1%, with typical home prices from $1.6 to $3.8 million. Zillow’s data reflects home values through July 31.

Deal, in Monmouth County, tops the list as New Jersey’s most expensive zip code, with a typical home value of $3,790,950, up from $632,250 in January 2020.

In New Jersey, home values in Stone Harbor (Cape May County) increased the most from January 2020, Zillow said. A typical home there costs $2,372,463, up from $273,145. Stone Harbor is the fourth most expensive zip code in New Jersey, Zillow said.

Eight out of the 13 most expensive New Jersey zip codes are in Monmouth and Ocean counties, where home prices can go far above the state average of $537,916.

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Surfers catch waves during the morning hours in Deal, NJ.

Most expensive zip codes in New Jersey

NJ Ranking

U.S. Ranking

Town

Typical home price

1

25

Deal (07723) in Monmouth County

$3,790,950

2

45

Alpine (07620) in Bergen County

$2,998,087

3

69

Avalon (08202) in Cape May County

$2,575,356

4

80

Stone Harbor (08247) in Cape May County

$2,372,463

5

116

Allenhurst (07771) in Monmouth County

$2,148,077

6

118

Short Hills (07078) in Essex County

$2,102,544

7

119

Mantoloking (08738) in Ocean County

$2,097,231

8

120

Sea Girt (08750) in Monmouth County

$2,095,767

9

136

New Vernon (07976) in Morris County

$2,005,765

10

214

Avon (07717) in Monmouth County

$1,693,864

11

227

Long Beach Township (08008) in Ocean County

$1,660,278

12

251

Lavallette (08739) in Ocean County

$1,615,009

13

255

Rumson (07760) in Monmouth County

$1,602,223

Nationwide, the most expensive zip codes are also by water. Atherton, California, in the San Francisco Bay area; Miami Beach, Florida; Sagaponack in New York’s Long Island; and Beverly Hills, California, boast the four most expensive zip codes, with typical home values ranging from $5.2 to $7.7 million.

In April, Zillow said the U.S. has a record-high

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— cities where the typical home is worth $1 million or more. That is 59 more million-dollar cities than 2023.

California is home to 210 million-dollar cities, more than the next five states combined, Zillow said. New Jersey has added the most million-dollar cities over the past year, gaining 14.

This article originally appeared on Asbury Park Press:

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