New Jersey has reached a new milestone in the luxury housing market, with a record seven ZIP codes ranking among the 100 most expensive in the United States, according to PropertyShark’s 2026 report.
Six of the seven New Jersey locations recorded their highest median home sale prices ever, highlighting the continued strength of the state’s luxury real estate market.
Leading the list is Alpine in Bergen County, where the median home sale price reached $4.38 million, making it the 15th most expensive ZIP code in the country.
Alpine Leads New Jersey
Alpine, ZIP code 07620, continues to hold its position as New Jersey’s most expensive residential market.
Located in Bergen County, near New York City, Alpine is known for its large estates, exclusive residential neighborhoods, and luxury properties.
Its median sale price increased from $4.35 million in 2025 to $4.38 million in 2026.
Although Alpine moved from 13th to 15th place nationally, its median price reached another record.
New Jersey’s Seven Most Expensive ZIP Codes
According to PropertyShark’s 2026 national ranking:
| National Rank | Location | ZIP Code | Median Sale Price |
|---|---|---|---|
| 15 | Alpine | 07620 | $4.38 million |
| 41 | Stone Harbor | 08247 | $3.13 million |
| 55 | Avalon | 08202 | $2.80 million |
| 64 | Deal | 07723 | $2.65 million |
| 76 | Short Hills | 07078 | $2.45 million |
| 84 | Rumson | 07760 | $2.41 million |
| 89 | Cape May Point | 08212 | $2.35 million |
Jersey Shore Communities Gain Ground
Coastal communities account for five of New Jersey’s seven entries.
Stone Harbor in Cape May County reached a median sale price of $3.13 million, exceeding $3 million for the first time and rising approximately 23% from the previous year.
Avalon followed with a median price of $2.8 million, while Cape May Point entered the national top 100 for the first time at $2.35 million.
Rumson in Monmouth County also made its debut, ranking 84th nationally.
Not all luxury markets experienced price increases. Deal was the only New Jersey location on the list to record a decline, with its median sale price falling by approximately 25% to $2.65 million.
New Jersey Sets a New Record
PropertyShark reports that New Jersey typically had only two ZIP codes among the nation’s 100 most expensive markets in earlier years.
Its representation has expanded considerably since the pandemic, particularly as demand for luxury coastal properties increased.
New Jersey now has seven ZIP codes on the list, matching Connecticut’s total.
California Remains at the Top
Nationwide, Atherton, California, ranked first with a median home sale price of approximately $10.73 million, the first eight-figure median in the history of PropertyShark’s annual ranking.
The 2026 report analyzed residential property sales completed between January 1 and September 30, including single-family homes, condominiums, cooperatives, and two-family properties.
Only ZIP codes with at least five qualifying residential transactions were included.
The rankings are based on actual completed sales rather than advertised listing prices.
For New Jersey, the results demonstrate the continuing concentration of luxury real estate in Bergen County, affluent suburban communities, and the Jersey Shore.
Sources: PropertyShark – 2026 Report | News 12 New Jersey | Patch – Bergen County.
By NJ RADAR Team