We all know the price of real estate in New Jersey sits at ridiculous levels these days, but consider this: we had absolutely no problem finding at least two dozen towns in this state where the average home is worth at least $1 million.

Yes, there are a lot more.

And if you're asking yourself "How can anyone afford to live here," don't worry -- I am, too.

To determine which towns have the highest home values, we turned to the Zillow Home Values Index, which measures "monthly changes in property level Zestimates ... across a wide variety of geographies and housing types."

The average New Jersey home value is $492,394, up 5.2% over the past year...

Points to note

First, it's a given that most shore towns have expensive homes, but you'll find there are quite a few places away from the coast that feature pricey abodes.

Second, not every house in these towns is worth $1 million (but most are). This is a rolling average and a good indicator of which spots on a map are a tad luxurious.

Sold Home For Sale Real Estate Sign and House
Andy Dean
Sold Home For Sale Real Estate Sign and House

Big bucks

Across the state, four towns have an average home value exceeding $2 million; one is over $3 million.

BIGGEST PRICE TAG: The Most Expensive House For Sale in NJ - $35 Million - Is Breathtaking

Cheapest home values

Before we look at the towns with the highest values, here are some locations on the other end of the spectrum, according to Zillow:

  • Camden - $111,434
  • Atlantic City - $185,935
  • Pleasantville - $199,250
  • Salem - $193,242
  • Bridgeton - $218,081
  • Pennsauken - $241,719
GET READY: Why Those Moving to South Jersey are in For a Rude Awakening

The Average Home Value in These 25 NJ Towns is Over $1 Million

As of October 2023

Gallery Credit: Chris Coleman

The absolute best restaurant in every single Jersey Shore town

Hungry? Let's dive in...

Gallery Credit: Chris Coleman

More From WPG Talk Radio 95.5 FM