Eric Strauss//October 9, 2014//
Eric Strauss//October 9, 2014//
When Forbes calculated its annual list of America’s Most Expensive ZIP Codes, eight of the Top 10 were in New York City or California. Another was a tony Colorado vacation spot. And the 10th? Right here in New Jersey.The most expensive ZIP code in New Jersey, and the sixth-most expensive in the country?
Alpine, 07620.
“This waterfront Bergen County strip is essentially a NYC suburb, directly across the Hudson River from Manhattan and 15 miles north,” Forbes said. “With a median $5,025,423 price tag based on 42 single-family homes on the market, its proximity to New York has made this ZIP a location of choice for high-profile buyers including Sean ‘Diddy’ Combs (who also purchased a $39 million Holmby Hills estate this year), comedian Chris Rock and singer Britney Spears.”
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It was a long drop to the next New Jersey ZIP code on the list, however, as only one other Garden State locale made even the Top 100.
That was New Vernon, 07976, coming in at No. 90 with a median home price of $2,086,077.
In the end, 28 New Jersey ZIP codes made the Top 500, featuring some expected names, including Short Hills (No. 105), Chatham (No. 395) and Mendham (No. 442).
The priciest ZIP code in America? That belongs to Atherton, California, 94027, with a median home price of $9.03 million. Atherton topped the Forbes list for the second straight year, beating out Long Island’s Sagaponack, New York, 11962.
Forbes based its results on data compiled on 28,500 ZIP codes by Altos Research, a California-based real estate analysis company.
The complete list of New Jersey ZIPs in the Top 500, with their ranking and median home price:
6. Alpine, 07620, $5.03 million
90. New Vernon, 07976, $2.09 million
105. Short Hills, 07078, $1.96 million
133. Far Hills, 07931, $1.70 million
140. Saddle River, 07458, $1.65 million
162. Sea Girt, 08750, $1.54 million
170. Englewood Cliffs, 07632, $1.49 million
180. Avalon, 08202, $1.46 million
191. Stone Harbor, 08247, $1.42 million
219. Spring Lake, 07762, $1.35 million
221. Rumson, 07760, $1.35 million
222. Franklin Lakes, 07417, $1.35 million
244. Ho-Ho-Kus, 07423, $1.30 million
273. Demarest, 07627, $1.24 million
284. Cresskill, 07626, $1.22 million
286. Bernardsville, 07924, $1.22 million
308. Mantoloking, 08738, $1.18 million
336. Avon By The Sea, 07717, $1.10 million
337. Tenafly, 07670, $1.10 million
368. Colts Neck, 07722, $1.05 million
370. Longport, 08403, $1.05 million
378. Bedminster, 07921, $1.03 million
395. Chatham, 07928, $1.01 million
442. Mendham, 07945, $957,377
451. Strathmere, 08248, $944,203
457. Gladstone, 07934, $938,042
458. Essex Fells, 07021, $936,887
470. Deal, 07723, $922,016
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