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 1. Real Estate News




THESE 8 N.J. TOWNS WERE AMONG THE PRICIEST IN THE NATION. SEE FULL LIST.


 * Updated: May. 02, 2024, 3:04 p.m.|
 * Published: May. 02, 2024, 6:00 a.m.

 * 
 * 
 * 
 * 

By
 * Amira Sweilem | NJ Advance Media for NJ.com

New Jersey has some of the most expensive homes in the nation, according to the
latest data from Zillow.



Eight New Jersey towns in March made the top 150 list of most expensive homes
nationwide. The list includes home values for newly constructed and older
properties that have and have not been listed for sale. Deal, Alpine and Avalon
topped the list in New Jersey, where all homes ranked were over $1.9 million,
and most were located at the Jersey Shore.



Westchester County allocates $3 million for affordable housing in
MamaroneckWestchester County allocates $3 million for affordable housing in
Mamaroneck


John Natale, the owner of Natale Realtors in Wall Township, said many Jersey
Shore towns made the list because more wealthy people are buying there.




“There’s a lot of very wealthy New Yorkers that have now established themselves
and bought summer homes down here at the Shore rather than the Hamptons,” said
Natale, who sells homes in Monmouth and Ocean counties. “Because places like Sea
Girt, you’re getting that at a quarter of the price of the Hamptons.”




A note about the data: Zillow calculates typical home values using a formula
that is similar to the median, Jeff Tucker, senior economist at Zillow told NJ
Advance Media in an interview.




Can’t see the table? Click here.









Thank you for relying on us to provide the journalism you can trust. Please
consider supporting NJ.com with a subscription.




Amira Sweilem may be reached at asweilem@njadvancemedia.com.





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1 of 6

Which of the following best describes your position on universal background
checks for the purchase of a gun or guns?
 * It would not impact my vote
 * Somewhat less likely to vote for someone who supports universal background
   checks
 * More likely to vote for someone who supports universal background checks
 * Somewhat more likely to vote for someone who supports universal background
   checks
 * Less likely to vote for someone who supports universal background checks



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