15 Most Expensive Towns in New Jersey

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New Jersey is home to some of the wealthiest communities in the United States, boasting picturesque landscapes, exclusive neighborhoods, and luxurious amenities. The state offers a variety of premium living alternatives, from the seaside villas of Mantoloking and the historic beauty of Rumson to the tranquil lanes of Alpine and the lavish homes of Short Hills. Rich residents seeking privacy, sophistication, and a higher standard of living are drawn to these communities, which are consistently among the priciest in New Jersey. 

Alpine

Alpine
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Known for its sprawling estates and scenic beauty, Alpine tops the list as one of the most expensive towns in New Jersey. The median home price in Alpine is around $3 million, with some properties exceeding $10 million. This exclusive community offers residents privacy, security, and proximity to New York City, making it a sought-after location for rich individuals and celebrities alike. With its tree-lined streets, expansive lots, and luxurious amenities, Alpine provides a lifestyle of luxury and sophistication.

Short Hills

Short Hills
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Situated in Essex County, Short Hills is renowned for its upscale neighborhoods and top-rated schools. The average home price in this town is approximately $2.5 million, with many properties showcasing exquisite architecture and lavish interiors. Short Hills’ proximity to major highways and transportation hubs adds to its appeal, allowing residents easy access to New York City and other urban centers. The town’s vibrant shopping district, including the upscale Mall at Short Hills, contributes to its reputation as a premier residential destination for rich families seeking a blend of convenience and luxury living.

Mantoloking

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Nestled along the Jersey Shore, Mantoloking is synonymous with waterfront opulence and coastal charm. Despite its devastation by Superstorm Sandy in 2012, Mantoloking has since rebuilt and remains a coveted destination for wealthy buyers seeking a coastal retreat with unparalleled elegance. The median home price here is around $3.5 million, with beachfront properties commanding prices upwards of $10 million. Residents of this exclusive enclave enjoy panoramic ocean views, private beaches, and a tranquil lifestyle that embodies seaside luxury. 

Deal

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Located in Monmouth County, Deal is a prestigious seaside town known for its rich residents and grand estates. With an average home price of approximately $2.8 million and oceanfront properties often exceeding $10 million, this exclusive community offers a mix of historic charm and modern amenities, including private beach clubs, golf courses, and upscale dining options. Deal’s proximity to cultural attractions, such as the Count Basie Center for the Arts, adds to its allure as a desirable destination for well-off individuals seeking a coastal lifestyle with a touch of sophistication.

Rumson

Rumson
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Rumson is a picturesque town, situated along the Navesink River, is known for its stately homes and waterfront properties. The median home price in Rumson is around $2.7 million, and commanding prices upwards of $10 million for its riverfront estates. Residents of Rumson enjoy a serene atmosphere, scenic water views, and a close-knit community with top-rated schools and recreational amenities. The town’s proximity to beaches, parks, and yacht clubs makes it an ideal choice for rich families seeking an upscale yet relaxed lifestyle in a charming coastal setting.

Harding Township

Harding township
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Harding Township, situated in Morris County, is known for its rural charm, large properties, and equestrian estates. This rich enclave offers residents a peaceful retreat surrounded by natural beauty, including parks, trails, and horse-friendly amenities. The average home price here is around $2.3 million, with sprawling estates and historic homes commanding prices upwards of $10 million. Harding Township’s low population density and scenic landscapes make it a coveted destination for wealthy buyers seeking privacy, nature, and a refined country lifestyle.

Englewood Cliffs

Englewood Cliffs
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Situated in Bergen County, Englewood Cliffs is a distinguished town renowned for its opulent residences, expansive vistas of the Hudson River, and proximity to New York City. The average cost of a property in Englewood Cliffs is roughly $2.1 million, and many of the homes include expansive views and contemporary conveniences. Rich people seeking luxury living with convenient access to Manhattan’s cultural, culinary, and entertainment offerings will find this wealthy enclave appealing. Well-off families looking for a chic suburban lifestyle are drawn to Englewood Cliffs because of its prestigious schools, parks, and exclusive communities.

Tenafly

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Tenafly is a charming town renowned for its upmarket residential districts, tree-lined streets, and highly regarded schools. Its typical home price is about $1.8 million, and many of the residences have elegant designs and spacious interiors. This upscale town has easy access to major highways and New York City and offers a blend of metropolitan convenience and suburban calm. Tenafly’s parks, recreational areas, and cultural amenities draw in wealthy purchasers looking for a high standard of living in a family-friendly setting.

Bernardsville

Bernardsville
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Somerset County’s lovely village of Bernardsville is well-known for its picturesque beauty, rolling hills, and ancient homes. With access to parks, natural preserves, and equestrian facilities, this upscale enclave provides homeowners with a tranquil haven. In Bernardsville, the average cost of a house is about $1.5 million, with many properties showcasing classic architecture and expansive grounds. Rich buyers looking for a quiet yet elegant lifestyle in a scenic setting are drawn to Bernardsville because of its small-town charm, premium houses, and easy access to outdoor recreational activities.

Summit

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Summit, located in Union County, is a vibrant town known for its historic homes, bustling downtown area, and excellent schools. Its average home price is around $1.7 million, featuring classic architecture and modern updates. This rich community offers residents a diverse range of cultural amenities, upscale shopping, and dining options. Summit’s tree-lined streets, parks, and community events create a welcoming atmosphere for wealthy families seeking a blend of suburban charm and urban convenience.

Ridgewood

Ridgewood
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Ridgewood, situated in Bergen County, is a picturesque town known for its quaint downtown area, top-rated schools, and upscale homes. Its convenient location, strong sense of community, and well-maintained properties make it a desirable destination for affluent buyers seeking a family-friendly environment with a high quality of life. The median home price in Ridgewood is approximately $1.4 million, with many properties showcasing historic charm and architectural diversity. This affluent community offers residents a vibrant community atmosphere with tree-lined streets, parks, and cultural events. 

Essex Fells

Essex Fells
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Nestled in Essex County, Essex Fells is a quaint village renowned for its tree-lined lanes, ancient homes, and sense of community. In Essex Fells, the average cost of a property is roughly $1.8 million, and many of the homes have elegant landscaping and traditional architecture. Residents of this wealthy community can enjoy a tranquil haven with easy access to parks, nature trails, and other nearby attractions. Because of its close-knit neighborhood, excellent schools, and easy access to New York City, Essex Fells is a popular choice for wealthy buyers looking for a home that combines small-town charm with city conveniences.

Ho-Ho-Kus

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Ho-Ho-Kus is a picturesque town known for its historic homes, quiet streets, and a strong sense of community. Located in Bergen County, the average home price in Ho-Ho-Kus is around $1.6 million. It has many properties showcasing classic architecture and modern updates, offering residents a peaceful lifestyle with access to parks, recreational facilities, and local shops. Ho-Ho-Kus’ small-town charm, top-rated schools, and proximity to major highways make it a desirable destination for rich families seeking a serene yet convenient residential environment.

Far Hills

Far Hills
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Far Hills, situated in Somerset County, is an exclusive town known for its equestrian estates, rolling hills, and country charm. The median home price in Far Hills is approximately $2.2 million, with a wealthy community that offers a serene escape with access to horse farms, riding trails, and scenic vistas. Far Hills’ prestigious reputation, rural beauty, and proximity to metropolitan areas make it a desirable destination for rich buyers seeking a luxurious country lifestyle.

Mendham Borough

Mendham Borough
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Mendham Borough, situated in Morris County, is an idyllic town known for its rural beauty, historic homes, and prestigious estates. With a median home price of approximately $1.3 million and properties featuring expansive lots and scenic views, this rich community offers residents a peaceful retreat with access to parks, trails, and equestrian facilities. Mendham Borough’s small-town charm, top-rated schools, and proximity to outdoor recreational activities make it a desirable destination for wealthy buyers seeking a relaxed yet refined lifestyle in a picturesque setting.

This article originally appeared on Rarest.org.

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